Summary of Strategies for Following Orders

I have followed many orders and lost a lot of money.

However, the money was not wasted; I gained a lot of life experience. Moving forward, I will work on my own to gradually recover the money.

There are mainly two types of strategies for following orders: trend-following strategies and counter-trend strategies.

Trend-following Strategy: Open positions when the price breaks through. A typical follower is Tony, who plays small bets. This strategy has a low success rate; during sideways movements or small fluctuations, it often incurs losses and can easily be misled by false breakouts. However, once a major trend is grasped, one can make significant profits. Overall, the risk is still reasonable.

Counter-trend Strategy: Open positions when the price experiences significant rises or falls. A typical follower is Tortoise and Hare 985. This strategy involves counter-trend trading and holding until profitability. Due to the holding nature, this strategy has a high win rate, but the risks are also high. The risk depends on the frequency of adding positions and leverage. Tortoise and Hare 985 made 5 million in half a year but went to zero in just a week. With appropriate risk control, this strategy should be able to generate profits in the long term, such as follower DDBXXB, who also employs this strategy but controls risk well.

Based on trend-following or counter-trend strategies, using hedging can significantly reduce risks. For example, follower Knotmain seems to imply some trend-following hedging. The risk factor is very low, but whether one can make money mainly depends on the long-short ratio and success rate.

Other followers who make dozens of points in profit in a day are best avoided; they might blow up their accounts overnight, including the aforementioned Tortoise and Hare 985.

Investment requires stability; I now need to rely on my own strategy to recover the losses!!!