Things that newcomers need to pay attention to:
1. Follow the trend: find a moving average to simply divide long and short, only go long above it, and only go short below it.
2. Test position: follow the trend, follow the big trend and go against the small trend. When entering the market, you should consider the potential profit and loss ratio that is large enough. If you enter the market at this position, if you are wrong, the stop loss is very small, but if you are right, the profit is very large. It is generally the bottom of the trend or the beginning of the trend.
3. Stop loss for trial position: If the key point is broken, you must stop loss, and you can't take chances. If the price comes back, you can find another opportunity to enter the market. Don't be lucky, thinking that you may be able to resist it, and you can't flatten the loss.
4. Add trend position: add position with floating profit. Adding position is the core of making big money. The price rises as expected and then pulls back. Add position at the pullback stop support level or break through the previous high - follow the big trend and go against the small trend.
5. Set stop loss for trend position: For the newly added trend position, the stop loss moves to the new key point. The bottom position is safe, and only the stop loss risk of the added position remains. If it fails, stop the added position and wait for the next opportunity. If it continues to rise, hold the position firmly, continue to wait for the callback to add positions, and continue to move the stop loss. Until the last move is stopped or the head signal appears to stop profit.
6. Stop profit: Don't stop profit easily at any time. This is the key to making big money. The exit can be in batches or all at once. It is best to be all at once, because you can ask yourself to wait for the head signal with the highest probability. If it is a right-side transaction, the floating profit will definitely be withdrawn. You must accept it in your heart. Don't think about selling at the highest point, or think about not selling at the highest point. You feel that you have to wait for the highest point to sell if you lose.
As long as you can master and follow these principles in practice, and maintain discipline and consistency, you will find that making money is a natural thing
Join the 10,000-fan group, discuss and layout together, the bull market in the currency circle has entered the golden stage. Friends who want to join the 10,000-fan group, click on the avatar to read the joining method. Welcome to like, collect, forward, comment and leave a message