How to grasp the basic points for placing orders
Any investment has certain risks. Since there are risks, there will be profits and losses. But no matter what, as long as you make more than you lose, you will still make a profit. What you need to do to become a good trader is to learn how to make money. You make more than you lose.
1. Grasp the entry point
1. To enter the market above the integer level, the closer to the bottom of the promising space, the better.
2. When oscillating between ranges, analyze the upper and lower fluctuation space, go long at the support level, and go short at the resistance level.
3. First find the corresponding stop loss position for the entry position and then enter the market.
4. During consolidation, if there is a breakthrough, you can enter the market in the direction of the breakthrough.
5. Do short-term operations within the day and avoid blindly chasing ups and downs.
2. Grasp the stop loss point
1. The setting of stop loss point must be considered when placing an order. The entry position and stop loss position are closely related.
2. The principle of stop loss: the stop loss space cannot be greater than the profit space
3. Stop loss should be set within the range you can bear.
4. After setting a stop loss, it must be strictly followed! ! ! Would rather stop losses than take orders
3. Grasp the closing point
1. If the upward momentum of long orders weakens at an obvious pressure level, you may consider closing the position.
2. If the short position shows signs of stopping at the obvious support level, consider closing the position.
3. Expected goals should not be too high or too low, and should be at a reasonable position
4. When reaching the target and accelerating to hit the resistance level, the position can be closed and exited.
5. Never turn from profit to loss! ! ! After a profit is made on a transaction order, the profit is protected by setting a trailing stop loss.