It's a good start. My monthly target is about 7%, and the annualized rate is 125% with compound interest. This is probably what I can achieve based on my past experience. All trading ideas and logs are placed in the group. The reason for each transaction, EP, TP, and SL will be marked.
I can't control the market, and I can't even control myself. I know that I am an impulsive and conceited person, so I decided to make my trading diary public.
On the one hand, it provides some reference for everyone, and on the other hand, it forces oneself to abide by trading disciplines in a public way.
It is not measured by profit or loss, but only by compliance with trading disciplines as the only criterion.
The most difficult part of trading is not the technology, but the psychological control.
And this psychological control is really too difficult. The pleasure brought by trading far exceeds sex. If you are not careful, you will be immersed in the ups and downs and violate your trading discipline.
The road of trading is also the road of cultivation in life. I hope we can all get better and better on this road.
The most difficult part of trading is not the technology, but the psychological control.
And this psychological control is really too difficult. The pleasure brought by trading far exceeds sex. If you are not careful, you will be immersed in the ups and downs and violate your trading discipline.
The road of trading is also the road of cultivation in life. I hope we can all get better and better on this road.
I studied a trading strategy for BTC 4h cycle. The backtesting effect is good, and it can basically grasp the main market trend. Friends who want this strategy can leave me a message. If you have suggestions for improvement, you can also communicate with me.
How to formulate a strategy that is not afraid of market fluctuations?
Small coins generally follow the market fluctuations of BTC/US stocks, and their performance is often more volatile
The more they rise, the worse they fall
How can you hedge the risk of market fluctuations? Regardless of whether the market rises or falls?
The logic is very simple. In the case of similar ATR, open a long position of 1000u and a short position of 1000u In this way, whether the market rises or falls, the risk is very small, and you can earn your own alpha
This kind of people who are told not to set stop loss will only have one outcome in the end - losing everything. No matter whose order you follow, you must set a stop loss.
Theirs is a common Martingale strategy scam. Generally speaking, the winning rate will be very high, and you will always make small profits, but you will lose everything in one go.
About the practical application of Wyckoff theory in BTC 4H
The logic is very simple, but people often lack patience. The most difficult part of trading is not technical ability, but the control of mentality You must control your hands and don’t attack at will Reduce the number of shots and increase the returns of shots