In a bear market, it is very difficult to complete a long order. Let's review this intraday order and follow the regular trading plan. 3 entry positions are set.
Entry: 1/54800 close to the market price at that time 2 intraday long defense position 54630 54419,
Stop loss: stop loss is placed at a low point in front,
Trading plan and possible results
1/If all transactions are completed, if the position ratio of the three positions is the same, the average transaction price is 54617, stop loss is 54170, stop loss space is 447; take profit is 57179, take profit space is 2562, profit and loss ratio: 5.7;
2/In fact, this order is only traded at 54800. After the transaction, the lowest callback is around 54800. In other words, the positions of the other two entry points are not traded. According to the actual market, as of now, the highest price is 57177, close to the take profit price of 57179. For the time being, we will calculate it according to this (when we trade, we will definitely not open and close positions according to the original points. Trading skills and personal experience will handle the points),
The actual take profit space is 2377, the stop loss space is 630, and the highest (close to the actual closing price) profit and loss ratio is 3.77. This is the actual trading result.
The trading plan is set up as above: entry (planning entry, stop loss/take profit), position handling (position planning and management/position handling, etc.), trading summary
Share trading notes casually
"Accept uncertainty, use probabilistic thinking to predict and make decisions." Does this method work?
The more information overload, the more you need to protect your attention;
The more miscellaneous things around you, the more you need to protect your energy;
The financial market fluctuates every day, and there are countless potential opportunities. You also need to protect your energy; "focus, depth and restraint" will build your own trading "moat".
Information affects people's actions. There is always some information that will not be known until tomorrow, so the future is unpredictable-this is an axiom in my worldview.
Can probability theory predict the future? Mathematics will not lie.
There is a probability of death in a car accident, but it is different every year. Because this probability is statistically derived, not calculated, and there is no causal relationship. We can predict that the result of 1+2 must be 3, because this is derived.
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