About the Minimum Regret Strategy in Closing a Position (2)
As mentioned in the previous article, there are two contradictions between profit locking and profit maximization in selling.
Taking spot as an example, executing a single selling strategy (such as falling below a certain moving average, or early support, etc.) will make it easier to maximize profits when the market is highly consistent with our trading strategy.
However, implementing a diversified selling strategy (such as using moving averages, supports, retracement ratios, etc. together) and reducing part of the position if it meets a certain rule is more moderate. After giving up the pursuit of "absolute maximum profit" , thus obtaining the median profit (neither the maximum nor the minimum).
This is the minimum regret strategy.
But no matter which method, you will wait for the price to fall back to a certain extent to confirm the end of the market, and different methods just have different definitions of this "falling range". #交易策略