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Why do really successful traders never share their methods or strategies?

light boy

A handful of bitter tears, I have been trading for five years, and I still lose money, what should I do?

愤怒的骡子

You still bet on non-agricultural data? Take a look at how professional foreign exchange traders do non-farm!

asa forex community

I found that many foreign exchange novices like to ambush non-agricultural data, so how do professional foreign exchange traders view non-agricultural data? Let's talk about this topic today. First of all, let's make it clear that professional traders will hardly go to the market of non-agricultural data. In the eyes of professional traders, they will only choose their own certain market to trade, but they will not participate in uncertain and unknown market. As an economic data, no one knows the result of the non-agricultural data before it is released, and no one knows the impact and magnitude of the result on the market. Therefore, participating in transactions under such a situation full of many uncertainties is essentially no different from rolling dice and guessing the size. Some people in the industry I know, including some of my own friends in the industry, they don’t pay much attention to the data market including the non-agricultural data. The impact of the data is only temporary. How to go, the most is to do some hedging risk processing and operation for the position. Novice traders like to do data market largely because they want to make a big deal and make a lot of money. Numerous cases in the past have proved that the vast majority of traders who do this will fall into a big loss. Even if you do it right once or twice, as long as the behavior of doing data market still exists, you will still be unable to escape the end of huge losses in the end. The industry calls this kind of transaction "gambling data". If you just want to have an addiction and experience the feeling of either making a big profit or losing a lot, you don't need to go to the casino to gamble directly in the trading market. More efficient and enjoyable. For friends who really want to make real and stable profits in the foreign exchange market, it is not recommended to do all the data market including non-agricultural data. Trading is a technical activity combining logic and art, which requires calm analysis, objective judgment, rational treatment, and detailed planning. As much thought is spent on the market, the market will give you as much gift.

Three-State System Notes

How to deal with the problem of trend deviation between different cycles?

terminator

How to deal with the problem of the divergence of trends between different cycles? Before answering this question, let us take a look at Dow's division of trends. From the perspective of time length, the Dow Theory divides trends into three types, namely primary trends, secondary trends, and short-term trends, just like the tides, waves, and ripples in the sea. This image metaphor shows the length and scale of the trend. The different cycles we usually refer to are actually the trends of different cycles. The large cycle refers to the main trend, the medium cycle is the secondary trend, and the small cycle is the short-term trend. Of course, sometimes we are very short-term in the middle of the cycle, and directly summarize the main trend and short-term trend (secondary trend) with the large cycle and the small cycle. Let's look again at the Dow Theory's introduction to the different periodic trends: each trend is a component of the longer-term trend above it. For example, an intermediate-term trend is a correction within a major trend. In a long-term uptrend, a market that pauses its advance, corrects for a few months and then resumes its advance is a good example of this. And this medium-term trend itself is often composed of shorter-term waves, showing a series of rises and falls. It should be repeatedly emphasized that each trend is an integral part of its longer-term primary trend, and at the same time it is itself composed of shorter-term trends. Having said that, I believe everyone should understand that what we usually call a big cycle is actually composed of many small cycles. When a large upward cycle is running, sometimes it may be in a small cycle of shocks, and sometimes it may be in a small cycle of decline, but as time goes by, they must all move towards an upward trend, that is to say, shocks It is a relay of the rise, and the decline is just a normal adjustment of "big rise and small return". In such a situation, if you were a trader, what would you do? Of course, it is in line with the trend of the big cycle, and it is mainly to buy and do more on dips! The logic of the two principles is also the same in a large cycle of falling in one direction. You can reason about this. So, it shouldn't be a surprise when trends diverge from cycle to cycle, as it happens quite often. In the face of such a situation, what we need to do is to judge the trend of the big cycle clearly, and operate in accordance with the big trend.

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When trading, where does your sense of fatigue come from?

长腿毛先生

Swinging the sledgehammer for another whole morning, it's easy to write something. The fatigue of doing transactions mainly comes from three aspects: 1. A break is required due to excessive mental exertion from watching or analyzing the market. 2. Neck, shoulder and eye fatigue caused by staring at the screen for a long time - that is, muscle fatigue 3. Too much information on the disk is too strong for too long, causing the nerves to be tense for a long time, unable to continue to respond normally, and elastic and fatigued. 4. Personal analysis and transactions are not recognized by the market, and the affirmed needs cannot be met for a long time, leading to deeper fatigue. Separately. It is easy to understand that excessive consumption requires rest. The operation of people's brain needs to consume a large part of sugar to maintain. When the brain is used for a long time, a lot of energy will be consumed, which is similar to the energy needed to write an article. At this time, you only need to rest properly, eat a reasonable diet, and replenish the excessively consumed energy. Muscle exhaustion is also easy to say. I saw many people staring at the board, their bodies motionless, but their eyes turned around, looking for the slightest opportunity on the board. A couple of hours close, feeling like you've had a big workout, or a labor of love. The fatigue teacher must. Then there is too much information on the disk, so I will focus on this point. This is where most of the trader fatigue actually comes from. It is inevitable to mention a word here, called the over-limit effect. It refers to the psychological state that people are very impatient or tired of responding due to too much stimulation or too long time. I believe that friends who have done sales will understand this thing more. Under normal circumstances, after introducing the product and induction properly, you can stop when it reaches a certain critical value, because at this time, the customer receives a lot of information within a certain period of time, and if it continues, it will cause this problem called overrun. Effects, obviously get impatient and walk away. This also happens in transactions. There is a lot of information on the market. If some traders look at the market of buying one and buying two in the minute chart, if they stare at it after finishing the transaction at this time, they will quickly enter a mood of impatience. And you can't just close the position, you can only keep controlling yourself. This will cause a lot of fatigue for a long time. There is also a kind of fatigue in pursuit of market recognition. When you have prepared and analyzed in the early stage, watched the market in a close place, and put in a lot of mental work, you will always hope that your previous judgment is correct after the transaction, and the market will also You will be paid equally for your labor. That's what makes you profitable. However, not all trading efforts are rewarded. For example, trend traders must be more than 50% or even higher, without any trading returns or more continuous small losses. I have not been recognized by the market for a long time, and I feel that all my efforts are on cotton balls. No positive feedback at all. You must be exhausted by this time. A lot has been said about the fatigue of trading. The shoulder that swung the sledgehammer was not so sore anymore. So be it.

How to do this business well?

jiaoyi golden eagle

thank youThis problem can be big or small. After all, doing a good deal is not a simple matter, but a systematic project. One, from a big perspective, to do a good deal is to do two things to the extreme. 1. Technology Technology is actually to create a stable and profitable system. This is easy to say, but not so easy to do. It requires you to constantly explore, summarize, and summarize, and then continue to practice, practice, and improve. And only a small number of people can create this system, do you have the confidence? 2. Mentality When you build this system, can you just smile? That's too early. The system will generate a series of trading rules, and you have to constantly discipline yourself to abide by these rules, that is, to abide by trading discipline. You might think, isn't it just to observe discipline? Isn't that how we have been here since we were young? Ha, think about it, haven't you made any mistakes? We have many rules, laws and other external factors to supervise us in school and society, and we may not be able to fully abide by them. In trading, only you supervise yourself (except the team), you are both a participant and a referee, can you be so self-disciplined? And often, as long as you don't obey the discipline once, you can go on the road of eternal doom... then what should we do? In other words, we often say that you should have a good mentality, which requires you to constantly cultivate your own heart, and this is a road that can never be completed in a lifetime...Of course, where there is a will, there is a way:) Second, from a young age, to do a good job in trading is to make a trading plan every day and strictly implement it. When you have a mature system, what you have to do every morning is to preview all possible situations in the market, and have plans for various situations, which is what we often call making plans; and then strictly implement them. At the end of the day, before going to bed at night, you have to modify or re-formulate your trading plan based on the actual market trend of the day. However, I feel that the meaning of the topic is not all about how to do a good deal, but about choosing a method genre. For example, the fundamentals, technical aspects, policy aspects, news aspects, capital aspects, group behavior aspects, etc. you mentioned can actually be classified into two schools: fundamentals and technical aspects. Which of the two factions is better? This debate has been going on for hundreds of years, so there is no need to pursue it anymore. No matter which method you pursue to the extreme, you can still make a profit. So how should you choose? Although in the gold foreign exchange market, I am a pure technical school, I don’t look at any fundamental information at all, and I can survive very well; but I have summed up some experience, you can refer to it, mainly depends on which market you are trading in: 1. Stock market There is no leverage in the stock market (except for capital allocation). Technical aspects are definitely useful, but fundamentals will also affect stock prices. After all, there are economic cycles. When the economy is bad, most stocks will not do well. However, no matter how bad the economy is, it can't stand the indiscriminate bombardment of the central bank's currency release. Didn't you see that the epidemic in the United States was so severe last year, and the economy fell into a low level, but the Fed gave you a few times, and the stock market continued to rise. And the prospect of an industry, whether a company's moat is wide or not, and whether the company's management is good will undoubtedly have a great impact on the company's long-term stock price. Therefore, in the long-term, we must consider the fundamentals. Unless it is short-term, it may be purely technical. Summary: In the stock market, the combination of fundamentals and technical aspects should be better, each accounting for 50%. 2. Futures market The futures market has started to have leverage. Once leverage is added, it is necessary to focus on technical aspects; however, the supply and demand relationship of commodity futures still has a great impact on long-term trading. Therefore, the futures market will have a better grasp of the general direction of the market by combining a little fundamentals. Summary: In the futures market, 75% is technical and 25% is fundamental. 3. Gold foreign exchange margin market The further expansion of leverage in the gold foreign exchange market is a highly leveraged market, so it is necessary to focus more on technical aspects. When I first entered the market, I studied the fundamentals every day, but I gradually discovered that the fundamentals are useless at all. When the market comes out, you can explain it in any way that makes sense, but what I said before is better than the probability of flipping a coin. Not much better, so then it went purely technical. Moreover, I can use my experience of surviving in this market for nearly 10 years to tell you that purely technical aspects of this market can survive very well. Summary: In the gold foreign exchange margin market, the technical aspects are 100%, and there is no need for fundamental aspects. (And if you do not use leverage in foreign exchange, it is equivalent to making foreign exchange banknotes, then the technical aspect will be relatively reduced, and it is necessary to study the fundamentals at this time.)

Strategy Sharing: Three Advantages of Entry Strategies

zekui

My entry strategy comes from my views on the market, which may not be suitable for all traders; this article only explains entry. There may be many professional traders who do not agree that entry is a more important issue. Your view on the market determines whether you choose The entry advantage is still to give up the entry advantage and focus on the exit option. My take on the market is as follows: 1 I think that only in the case of a trend, there is a collective bias in the market, and I think that only when there is a collective bias, it is advantageous to do transactions. 2 Opponents in the market will continue to make mistakes for their opponents, and the nature of finance, even if the opponents do not create behaviors that make them make mistakes, traders themselves will make mistakes. 3. Find the exit point where the formation pattern makes the transaction go wrong. This point can be a range, and we enter the market within this range. My first trading entry strategy: low 1 and low 2 selling points for downtrend retracement, high 1 and high 2 buying points for uptrend retracement, the above are my customized terms, you can choose the terms you are used to , This is not important, what is important is the bias chosen by the entry advantage; when you consider entering the market, you'd better consider your return on investment. My second trading entry strategy: In a downtrend, enter the market at the failure point of the sub-level rebound to go short; in an upward trend, enter the market at the point of failure of the sub-level rebound to do long; I define it as a directional recovery entry. The above entry points are all real cases of my entry. There is a bias here, and you have an advantage, but it does not explain what the problem is. There may be decimals here. What you see is just a specific classic graphic case. I mark this picture as me The three entry strategies enter the market at different positions, and the entry probability is basically the same. There is no best one. You can choose your own suitable trading opportunities according to your personality. My third trading entry strategy: In the case of a trend, a boundary movement is formed near potential support and resistance, and now a narrow trading range, I think here is a strong boundary movement that continues to break through in the direction of the trend; I Name it as strong boundary prediction breakthrough entry; Summary: In a sense, these three strategies are actually one entry strategy, but they appear in different forms at different levels, or there is a recursive relationship between them in other senses. Finally, I want to say These entry strategies are just my personal views on the market, and may not be suitable for you. You must judge whether it is in line with your personality according to your own personality. Secondly, even a 90% advantage entry strategy may not necessarily bring you long-term profits. You must start from the six aspects of the trading equation, but this entry can be used as your reference, and may provide you with a different perspective.

Trend naked K trading

For the real-time market, should we keep our original intention or follow the trend?

the finishing touch for the currency market

In fact, " For the real-time market, should we keep our original intention or follow the trend? " My original intention is to have two meanings. 1. In the face of the market, whether to implement the trading strategy that you have prepared in advance, or to implement a temporary change in the trading strategy according to market changes. First, for the author. For long-term trading, I am more inclined to the latter, go with the flow, and change my goals as the market changes. No one is a god. We can predict the market in the last day, ten days, and January, but we cannot predict the market in the last six months or even more than a year, so we can only take one step at a time. But my loss points will always execute the original plan, even when profits are generated, I will still follow the plan, unless there is already a large profit margin, I will consider moving. For short-term trading,I would lean towards the former. Make a plan, meet my expected order point with a profit-loss ratio of 1:1 or even greater, and if it can meet my profit-loss ratio, I will choose to do it, stop loss and stop profit, and leave the rest to market. Generally, in this case, we can only win with the winning percentage. As for the trading system, I have seen that some friends and everyone have mentioned it below, and they have made a pretty perfect explanation, so we won’t explain too much. Everyone's system is indeed different, but they are all similar. As long as the retracement range and floating loss range can be controlled well. Even if you lose money, you won't lose a lot. 2. When you have reached your expected profit (loss) in the foreign exchange market, should you continue to do it, or choose to quit? eg: An amateur trader invests 10W and spends a year in the market making a profit of 10W, and his goal is 100% profit, but now he wants to quit his job and devote himself to trading. Is it right or wrong? If it is a profitable situation, here, many people's first reaction is, since it is a profitable situation, why not choose to continue on? Also, some friends will think, my goal before this investment is 10W, since it has been achieved, why not close it? Regarding these two issues, everyone can express their opinions. The trading system is easy to establish, but when facing money, can you still "never forget your original intention". Let's take a look at the answers of Huiyou first, and the author will make an update later.

Trading courses and coaches are useless- true or not

logicaltrader

Since everybody could be a coach in trading as soon as he/she can read a chart it’s very difficult to find a proper education and an honest mentor. I want to share my experience with you in this video. https://www.trading.live/en/logicaltrader/video/20183

Trading with pure logic and trend following

If we build an analyst group of 100 people, we will conduct transactions according to the principle of the minority obeying the majority, is it feasible?

微凉的天空

I don't know if it's feasible or not, but thinking about such a scene, it's really interesting. Think about it, a group of people are clamoring to go long, a group of people are clamoring to sell short, and a small group is silently waiting and watching. . . There may be a few violent tempers in each group, thinking of ways to prove their own analysis, but also thinking of convincing the other side by the way. . . . The picture is too beautiful to imagine. However, this actually depends on the level of analysts who make up the group. If it's just the kind of people who move their mouths but don't move their hands, it will definitely be very lively. As long as you are a trading analyst yourself, you won't say much at all, and at most you will get back to you with long/short. reason? Sorry to be lazy. Yes, people who actually trade and make stable profits are just that lazy. I won't talk to you at all. Well, let's be honest, analysts are making a joke out of some people right now. It has become a synonym for talking only. Those analysts who do their own trading, I prefer to call them traders. Because it seems more pragmatic. Instead of just opening your mouth. . . . It's a bit off topic. Everyone has their own trading framework, and their own understanding and experience of indicators. When to enter the market, how to deal with unexpected situations, when to leave the market, and how to deal with losses, they have a clear mind. train of thought. These things cannot be solved simply by doing long and short. For example: when there is a loss, some people will choose to close their positions directly and wait for the next opportunity. Some people will continue to wait, and if it still falls, and it is about the same time, they will cover their positions before entering. Some people will choose to lock positions. In a word, each shows his own abilities, can you learn it? If you don't have your own things, just wait for a loss. (The above example does not consider what lock-up is not good, anti-order is not good, etc. Since others have a mature trading framework, they naturally have their own ideas and coping methods) So, what's the end result? There is a high probability that you will lose money. Every list comes in, there will be risks, and if you don't have your own risk control system, you can only be blind. Let’s be honest and enrich ourselves, trading is a one-person battle, you can only rely on yourself, and sometimes you even have to fight with yourself. Well, it's such abuse, this is a transaction, against human nature. In this battle, only you can help yourself, and everyone else is just a cloud. So put that thought away.

What trading principles or trading logic do you think sound reasonable but useless?

起止点

There are actually many such words, and there are also many people who say such words. In fact, it is very simple to distinguish these words: theories that cannot be falsified are actually deceptive or useless. Let me talk about some words that I think are very famous and correct in the trading field, but they don't have any guiding significance in my opinion. I conclude that it is fake and empty, but there are so-called nonsense that many people believe in. The first is to follow the trend. This statement seems very true, right? And it's a famous saying that everyone knows. This sentence, first of all, is a concept, it is an idea, and it has no guiding significance. Here I can ask a lot of questions, what is the trend? How do you define trends in your system? What cycle is this trend in? It's all something to consider, right? In addition, who is following the momentum? Whose trend is against it? How smooth? how smooth? Then what to do? where to do it Look, if you follow the trend and ask some specific questions, it will be very clear. In other words, go from the level of thinking to the level of execution. And if you have answered all these questions, then you already have a relatively good trading system and trading rules, and then you can continue to optimize it. Do you need to understand this sentence? No, do you need to understand this sentence? No need. Novices don't understand, masters don't need it. This sentence is very correct, but it is useless in practice. The second sentence is also very classic. When I entered this industry, I often heard that it will fall if it does not rise. Think about it, if it doesn't move up, of course it will fall. That's true, but what's the point? What is it that cannot rise? How to identify whether it is rising or not? If you want to talk about falling, how do you define falling? Is it a drop of 1 point? If it falls by 1 point, the market will always fall. Does 10 points count as a drop? So what do I do? where do i do it Will I have space in the future, and what is my profit-to-loss ratio? What kind of tools do I use, etc., these are all questions to think about. There is another similar one. When I first entered the industry, a senior sat across from me. I asked him a question, and I said why I lost money in this transaction, because he made a profit in that transaction. I asked him, why did you play in this place? He said, oh, what about this deal, you see, if the price rises, it will always fall, and when it rises almost, you will close it out, which is very important. I said yes yes yes. Later, I wondered what it meant to say that it was about to rise and not move? Wouldn't it be great if I could recognize that the market is not moving up, as long as I recognize that it is not going up, the market will really not go up. Then I can level at the highest point every time. So this thing sounds very mysterious. I didn't know enough at the time, so I thought it was amazing. But the back is actually very harmful. Because if you believe it, there is no way to develop good trading behavior, because there are no rules. You feel that it’s almost too long, and it’s almost done, so let’s go out. Many traders are doing this, almost, almost, OK ~ that's it. What's this like? feeling, right. That is to say, make orders based on feeling. Does anyone really know if the market is going up or not? There will be. And when you have been trading for a period of time and have a sense of the market for a certain product, sometimes you will feel that way. When you see the market, you feel that this is almost the end, but in the end it really is the end. This is actually quite normal, but you must know that this kind of disk feeling, the first requires a lot of replays, and the second requires a lot of experience and time. Then it’s not enough to just have a sense of disk, this sense of disk must be continuous, not because today’s mood is good, I feel good, and then suddenly I don’t feel it for half a month, and the rhythm is gone. You think the market is going nowhere, but the market keeps going up. Many times everyone will encounter such a problem, that is, your feeling suddenly disappears, what should you do at this time? Is the deal still going on? Do it, the feeling of dependence is gone; don't do it, and you are not willing to let the opportunity slip by, and God knows when the feeling will come. Is there any one that has a strong sense of disk and has continuous power? I believe there will be such masters, but there are too few of them. If you pursue this, it is equivalent to pursuing that suddenly one day I have an epiphany, I don’t do anything, I think about everything, I know everything. Is there such a magical thing? I believe there are probably in this world. But most likely it's not you. We are just ordinary people, so let's do what ordinary people should do. Can we do it with rules, steps, order, and procedures? Then there are scientific methods to practice, and gradually cultivate yourself into a trading master. There is such a path, but there must be steps, tools, and specific content. Knowing what to do is key. So although trading is not pure science, it must not be metaphysics. You must know that there are specific methods and tools, detailed specifications, and scientific training that can make you grow in a short time. Everything has to be practiced constantly. Some traders think that trading is all about talent. In fact, you may not have reached the moment when you have to fight for talent, so let's work hard on training first. For example, if I am allowed to train for the 100-meter sprint, after three months of training, I can at least run faster than now, at least better than now. But let me compare with Bolt, I definitely can't compare. But most people didn't practice or improve in the previous stage, and they felt that they couldn't compare with Bolt anyway, so I didn't do it. That's why I said that the moment to fight for talent has not yet come. For the part that you can improve yourself, first improve it, and let yourself reach the bottleneck first. Finally, I also suggest that you stay away from those so-called masters, gods, and parallel importers who often tell you fake big empty remarks, and falter when you ask for details. To do anything you have to go down to the level of detail. If you don’t consider these details, and don’t ask yourself how to standardize these details, then when you actually do it, you will always be ambiguous, always sloppy, and always about the same, and it will be difficult to make great progress. Therefore, the real master of trading is at the strategic and tactical levels The above is equally important. If you only focus on strategy, only focus on the macro, without details, it will be difficult to become a continuous master. Similarly, there is only the level of technique, that is, the level of tools or methods, but there is no cognitive level, no conceptual level, and it is also impossible to become a real master. Therefore, the real master of trading is Taoism and art, strategy and specific tools or methods must be mastered in double, and they can really be combined.

Why does non-farm payrolls have a greater impact on gold than other commodities?

the faith that i hold on to in my dreams

The U.S. non-agricultural data we usually refer to actually refers to the heavyweight economic indicator "employment situation". Market Sensitivity: Very High. What it means: The most eagerly awaited economic information. Release time: 8:30 a.m. ET; generally released on the first Friday of each month, with data covering the month that just ended. Frequency: Once a month. Source: U.S. Department of Labor, Bureau of Labor Statistics. Correction: Modifications can be very large. Each published data revision is usually looked back two months. The government benchmarks the business (or payroll) survey every June. The base of the household survey changes little, and is adjusted every ten years or so. No economic indicator roils the stock and bond markets quite like the jobs report. First, the employment situation report is very timely, coming out just a week after the month under review. Second, the report is rich and specific in terms of the job market and household income, information that is useful for forecasting the economy. And three, let's face it -- we're talking about the welfare of American workers. Wages and salaries derived from employment constitute the main source of household income. The more workers earn, the more they buy and the more they move the economy forward. If fewer people are working, spending falls and businesses suffer. Since household spending accounts for 2/3 of the economy, you can see why the investment community is watching the jobs report so closely. There's another reason the jobs report can dominate financial markets so much: The jobs numbers often surprise people. If there is little other information for the month, it will make it difficult for experts to forecast unemployment. The highlight of the employment situation report is of course the unemployment rate, the percentage of the workforce that is not employed. What do we mean by social labor force? It is defined as all employed and unemployed persons over the age of 16 (except those in the military, prisons, mental institutions, and nursing homes). Economists measure monthly changes in the job market from two different sources. One is based on the household survey (household survey), which is conducted by the government to conduct telephone and letter interviews with households. The other is the establishment (payroll) survey, which asks companies directly about recent staff changes. Putting these two together paints a broad picture of the labor market and, more broadly, the state of the economy. 1. The impact of US non-agricultural data on gold trading: The non-agricultural data of the United States has a great impact on the foreign exchange market, the metal market, etc. From the previous data, the large fluctuations in the market on the night when the non-agricultural data is released occupy the main trading day. , and even full of operations that lure more and less space. So be extremely careful. Since non-agricultural data may change the market trend and direction after the release, this makes it impossible for any investor to avoid it. Therefore, it is recommended that investors analyze the impact of real data by comparing the expected value announced by the market with the previous value. This is the only way to grasp the target. The trend of gold is closely related to the data reflecting the trend of the US dollar, and there are several non-agricultural changes in the US that change the trend of gold. 2. Grasp the impact of non-agricultural data on gold First of all, non-agricultural data is very important. Judging from previous trends, it will cause large fluctuations and shocks in the market. In many cases, the market fluctuates violently. The fluctuation of gold on some non-agricultural days has reached about 50 US dollars. Therefore, we must pay attention to the impact of non-farm on the market. Secondly, before the release of non-agricultural data, you should pay attention to the changes in market trends. No matter what variety (foreign exchange market, precious metals market, commodity market, stock market, etc.) is facing the test of non-agricultural data for the continuation of the trend, so the trend of the varieties you make To what extent has it developed? For the judgment of the trend development process, how long can it be concluded? Non-farm payrolls are likely to change this trend. Third, after the release of the non-agricultural data, we must stick to one direction and do a good job of stopping losses. Appropriate enlarged stop loss is necessary. At the same time, the non-agricultural market will form false breakthroughs near key supports and resistances, which should be avoided. Since the non-agricultural data is released at the beginning of the month, it is generally used as the keynote of the economic indicators of the current month. Among them, the non-agricultural employment population is an important data to estimate industrial production and personal income. A decrease in the unemployment rate or an increase in non-agricultural employment means that the economy is improving and interest rates may be raised, which is good for the dollar and bearish for gold; otherwise, it is bad for the dollar and bullish for gold.

In the era of bad technical indicators, can you still make money from technology?

zhang guotong

Have you ever encountered a situation where the platform does not give money? How should I get back my own handling fees and commissions?

一生一世烟火迷离

First of all, sympathize with what happened to you. The fact that platform operators cannot withdraw funds is disgusting, but it is undeniable that this is a common occurrence in the current industry, especially in some small-qualified platform companies. If the platform provider refuses the withdrawal request, there is a high probability that the funds may not be returned. It is recommended that you report to the police and file a case in time, and seek legal assistance from the police. However, don’t hold out too much hope. Such companies generally have foreign fund accounts, and the funds are usually transferred to foreign countries at least Hong Kong immediately. Therefore, such cases are all transnational cases, and the public security department needs to investigate, execute and handle the case for the time being. will be restricted. Regarding the return of handling fees and commissions, I think that if the principal cannot be recovered, there is little hope for these two items. The foreign exchange market is still in a gray area in China, lacking laws and regulations and government supervision, and many people take advantage of its industry defects to do illegal and criminal things. Therefore, it must be an extremely prudent and wise thing to choose a trading platform. Don't be careless and transfer your real money into other people's bank accounts for nothing. At present, there are four common foreign exchange regulatory agencies, the United States, the United Kingdom, Australia and New Zealand. Among these four countries, the United States has the strictest regulation, with a maximum leverage of 20 times, which is generally applicable to the Chinese market. The second is British regulation. For platform operators, we may pay more attention to the country where the license belongs to but ignore the type of platform operator's license. There are mainly the following types of UK licenses: l STP - bank quotation l MM——Market Maker Quotation l ECN——Electronic Quotation l EEA - the European Union I will help you understand the difference between these four license plates in layman's terms, so that you can distinguish them. 1. STP license It is a quotation method that has emerged in recent years. Platform operators can hold client funds. This is an agency method allowed by the British regulatory agency, but there are certain higher requirements for the qualifications of agents. Platform operators connect with foreign banks, and foreign banks then connect with exchanges. Therefore, the quotations from exchanges to foreign banks, to platform operators, and finally to you must have price differences and fluctuate. There will be a time difference, which constitutes a certain dot situation. Advantages of STP: Because of the supervision of both British institutions and the restrictions and audits of foreign banks, this type of agents are relatively well-qualified and authentic, which ensures the safety of investors' funds and the safe access to funds. account. Disadvantages: Due to the requirements of bank supervision and capital volume, the transaction cost is higher than other transaction methods. 2. MM license This is a market maker license. The market maker license directly connects to foreign exchanges, and platform operators can hold client funds. This is an agency method allowed by the British regulatory agency. On the other hand, this is also the root cause of some platform operators going astray and misappropriating customers' funds, thus committing crimes. Therefore, when choosing a platform company with an MM license, it is recommended that you be cautious and try to choose a high-quality platform, which is the greatest protection for your funds. Of course, because of the direct connection with the exchange, the cost of each transaction will be relatively low, and the frequency of marking is very small. 3. ECN license The quotation method of this license plate is electronic quotation. That is to say, each customer's transaction order is directly connected to the buyer and seller through the network, and the platform provider does not take over the customer's funds. This delivery method is very popular now, because the platform provider does not touch the client's funds, which protects the traders' funds from loss. However, the disadvantage is that the dots are serious. After the buyers and sellers of the electronic platform are selected by the network, the market will fluctuate accordingly, and there will be new quotations after the transaction between the two parties. Therefore, dots are often caused. 4. EEA license This license is a transitional agreement temporarily signed after the UK and the EU leave the European Union. Because the United Kingdom is the main financial trading country in European countries, the Brexit referendum has had a considerable impact on the financial industries of the United Kingdom and the European Union. In this context, the EEA guarantees that traders, especially those from European countries, can trade normally on the London Mercantile Exchange Transitional agreements entered into. Comprehensively commenting on the above four British license plates, it is not difficult to find that each has its own advantages and disadvantages. I hope you can choose a platform provider based on your own capital situation and trading strategy preferences. As for Australia and New Zealand, I personally do not take it as my own consideration. I hope the above content can be helpful to you. To do transactions, you must understand all aspects, especially matters related to funds.

What is the core secret of your profitable trading? Can you share it?

half of the sky

Master, you want to ask me how to make money? In other words, before my trading was indeterminate, it was not until I read the book "Ghosts of Wall Street" that I slowly formed my own trading style and formulated my own trading system. Of course, everyone's trading style is different, so if I just tell you my trading system, you may not make a profit because of it, or even go astray. Therefore, I think that instead of talking about my core secrets of trading profits, it is better to tell you the three major principles I learned from the book "Wall Street Ghost", so that you can build your own trading system on this basis; only in this way, you Only in this way can you find the core of your own profit, without asking around for other people's secrets. Rule 1: Only hold correct positions. That doesn't seem like anything extraordinary, and in fact I think that if I had to sum up this book in one sentence, it would be this one. Most of the trading books on the market first emphasize the importance of stop loss, through stop loss to protect our principal from too much damage. The subtext of stop loss is that unless it is proved to be wrong by stop loss, the position you hold is correct. This is the essential difference between the two laws. My understanding is just the opposite. I think trading is a loser's game. That is to say, if it is not proven to be correct, it is wrong. According to the first rule, as long as there is no rising position within our approved range, it should be cleared. This is much more active than the stop loss rule, and the position cleared at this time may still be slightly profitable. Even if there is a loss, the loss will be much less than the passive stop loss caused by hitting the stop loss position . Based on my past experience, the stop loss trades that end up losing money are usually the ones that lost money in the first place. Rule 2: Overweight the correct position. This is the secret to all winners. Without this, we will fall into a purely probability game. In order to win, we can only constantly seek to improve our winning rate, but the facts have proved countless times that we are humans and not gods, and our winning rate is limited . With this rule, we can continue to increase the price at the right time to expand the fruits of our victory. Soros is one of the best players. Once Miken Drew held a US$3 billion pound position, Soros ridiculed him "is this also called a position?" and encouraged him to double his position. In the end, Quantum Fund's pound position exceeded 100 million. billion, creating a brilliant record of defeating the Bank of England. In practical application, the second rule is also very helpful for the swing operation of stocks, but it is not very helpful for intraday trading. "Wall Street Ghost" also spends a lot of time explaining this point, which is more suitable for intraday trading The most important thing is to directly establish a large enough position, which is caused by different trading cycles and modes. Rule 3: Sell all stocks within two or three days after placing a huge amount. Anyone has to admit that there is no perfect selling rule in this market, and the third rule can only be aimed at specific situations; because the definition of huge volume varies with the actual situation of trading volume, this rule three can be Operability is relatively low. Of course, in fact, some selling rules have been taken into account in the first rule: as long as the rising situation no longer meets your original expectations, then you should sell decisively. Therefore, rule three can only be used in specific situations, and cannot be applied indiscriminately. In other words, in just a few hundred words, I mentioned the title of the book several times. I hope the title owner will not think that I am selling books, right? I also hope that the three rules I summarized will help the subject to establish his own profit-making secrets.

In trading, how to solve the problem of being hit by the market back and forth with stop loss? What is the basis for the solution?

andre

What is the essence of trading profit?

念旧的人

Trading is a relatively simple game of money when you're not really in it, but quite complicated once you're in it. If you want to survive for a long time and make continuous profits, you must fully understand the essence of trading, so as to truly master a set of correct investment concepts and investment methods that suit you, so that the financial market will naturally become your personal portable cash machine. The vast majority of people do not have much future futures, because this devil's skill is too simple, so simple that most people turn a blind eye to it. Futures investment is a primitive low-level world, and human beings always look at the low-level world with a high-level perspective. Infinitely complicate things that are extremely simple. This is one of the main reasons why the vast majority of people fail in the end. 1. What is traded is not commodities, but human nature What exactly is the deal? Why are most investors still unable to make stable profits? And when different people use the same trading system, the investment results are very different? The investment failure of the vast majority of investors is not due to their lack of trading knowledge, but because they did not obey the trading discipline. A good method will eventually be implemented in the carrier of the method - people, who are the most important factor in determining the success or failure of a transaction. Investment is actually a process of spiritual sublimation, a contest between oneself and oneself, a process in which human beings constantly surpass themselves and overcome the shortcomings of human character. In many cases, human nature often plays a decisive role in investment results, and its importance even exceeds the combined force of knowledge and experience. Every investor who wants to devote himself to the financial industry must first overcome his own weakness in character and improve his character in order to make lasting and stable profits in the financial industry. The success of futures investment is the highest reward for perfect humanity. 2. The essence of trading is to test and capture the big market with continuous small losses Don't always expect to make a profit every time, but closely follow the market trend according to an excellent trading system, and use continuous small losses to test and capture the big market. As long as you have the courage and repeat the above operations, you will be able to beat the market and accumulate wealth. This is the essence of trading. Trading itself is a continuous process of trial and error, with smaller losses in exchange for larger profits. The small loss test trend is an operation management that strictly controls the loss ratio and closely follows the market trend to test and capture the big market. 3. Precise entry trading method Choosing an entry point is critical in investment. Without a good start, how can you expect a good result. The quality of the entry point directly affects the size of the stop loss position. If the entry point is not good, it will cause the stop loss to be too large, resulting in a lower overall profit-loss ratio. The pros and cons of entry points will also greatly affect investors' trading mentality. There are two links in the transaction: one is the self and the other is the market. It is very important to keep yourself on the rhythm of the market. Leaving aside the technical mentality, this is a simple thinking that has not been tested in actual combat. The correct entry point can basically guarantee that you will make a profit when you enter the market. The price quickly leaves your opening cost zone in a relatively short period of time, so that you can look at the callback with peace of mind. Because the pullback will not touch your entry point, your mentality will naturally be good. It can be seen how important the choice of entry point is in the entire investment market, and it directly determines the success or failure of trading and investment. What is the most important factor in a successful transaction? It is a first-class investment strategy, a good trading mentality, accurate timing of entering the market, timely closing and exiting, and excellent capital management. All five are indispensable! In the choice of entry point, the best strategy is to follow the trend to enter the market and enter the market after a well-organized breakthrough; the second is to follow the trend; the worst strategy is to chase the market against the trend. 4. The key to making a lot of money, long-term trading, take advantage of the trend to increase positions A real investment expert only chooses low-risk versus high-yield opportunities in transactions. Moreover, they trade very rarely, often only a dozen times a year. If you want to succeed in the international capital market, you must first preserve your own strength and ensure that you will not be eliminated by the market. On this basis, make profits for development. The last is the pursuit and profiteering. This requires us to do two things well in investment: one is to reduce the number of transactions, frequent transactions are the biggest cause of losses for beginners. The second is to adopt reasonable fund management to reduce losses and pursue maximum returns of funds. Long-term trading can effectively reduce the number of transactions, and increasing positions along with the trend can ensure small losses and large profits. Short-term trading can only be a master, and long-term trading can become a master. The purpose of doing medium and long-term is to prevent unnecessary losses. Futures investment does not depend on which species to trade, but on whether you have the ability to make a profit. 5. The key to stable profitability is to establish a trading system that suits you Investors who have worked hard in the investment market for several years will gradually understand: It is easy to make money once in the market, but the difficulty is to make money continuously and stably for a long time. It often takes several huge losses to wake up. If you want to make a profit in the investment market, you must learn and master the basic knowledge and skills of investment. There are many trading theories, including Wave Theory, Dow Theory, Chaos Theory, Gann Theory, and K-line Theory. After in-depth and detailed study and analysis, I found that all these theories have a big flaw, that is, these theories have always been unable to solve the very critical problem of precise transaction positioning in transactions, and there is no accurate and objective judgment on the direction of prices. As a result, traders cannot accurately quantify the operation. After a long period of contemplation, I finally understand that if you want to make long-term and stable profits in the investment market, you must standardize your own operating procedures and establish a trading system that suits you. For the financial investment industry, without a suitable trading system, it is impossible to beat the market and achieve long-term, stable and sustainable profits. And this is the fundamental reason why most investors hover between heaven and hell. No one can achieve the goal of stable profit before the trading method has not been upgraded to systematic trading. System trading is the highest state of trading, because it completely excludes human subjective views, and it is the key to completely transform investors from a spectator to an actor. To put it bluntly, financial transactions are a kind of probability game. If there is no fixed trading system and only rely on feelings or news to open and close positions, the consistency of probability cannot be guaranteed, and it is difficult to achieve long-term stable profits. To stick to the procedure is to stick to most of the same situations and outcomes in the past. Stable profits are guaranteed by system procedures.

When I was doing stock trading, I made money almost every year, but since I started this industry, I have lost money almost every year! It is said that currency trading is more difficult than stock trading, what is the difficulty?

潇丶雲

thank you Foreword: "Know yourself, know your enemy, and win a hundred battles" As a full-time trader, I position myself as a pure investor. As long as which variety can make money, I will trade in which market. Earn as much money as you can afford! ! I mentioned it in an article in my own circle: I am a trader who kills stocks and exchanges In terms of stocks: not very strong, the securities internal real offer competition is the sixth in the country (of course there is water, after all, not all securities personnel have time to participate in the competition) A little understanding of foreign exchange: I have always been a lazy cancer trader who does not compete with the sky, does not compete with the earth, and draws circles on the spot to earn money within my ability! First, let’s talk about the similarities between the two: 1: Any financial derivative product must follow the market rules! And this market law will be reflected in the K-line combination trend! For example: the law we are talking about can be the wave theory or the K-line structure, and it is also the interlinked application of indicators! The most obvious ones are moving averages and macd. Will it not reverse if it deviates from the stock? When have you seen something that keeps rising and can keep getting out of boll? No, trading follows "volume", "price", "time" and "empty", and naturally all derivatives also follow the law! I classify the four elements as trading rules, and the indicators or methods we use as trading skills. 2: Since they all follow the trading rules, their core construction will be based on human nature! I have brought up this phenomenon many times, every transaction we make, every price exchange! What you see on the surface is the exchange price, but the exchange direction is actually the exchange of human nature (the author once thought, is it feasible if human nature only writes desire? The answer is no, because a complete transaction will naturally have two sides, which is the big A deficiency. s things) It can be seen from this that such schools of consciousness as anti-human nature and trends can be expressed in both. Back to the topic, the situation given to me by the subject is: the stock is not losing much, and the foreign exchange is losing money. First of all, to answer your first question, due to the particularity of domestic stocks, it is relatively easy to make stable profits in stocks. That is to say, domestic stock trading does not require too much technical ability, and pays more attention to: policy interpretation, hot spot tracking, anti-human psychology and other skills. And because of T+1 and the continuity of the market time cycle, the market sometimes gaps and reverses the indicator, which causes the original indicator to lag! There is a certain lag in the use of technical indicators themselves, but the behavior of the stock just now will amplify this lag! Sometimes it takes a certain amount of courage and courage to make a lot of money in stocks. (Most of the gaps are caused by important changes in the news during the market gap period) And for foreign exchange, because of T+0, the continuity of the market time cycle and two-way operation! As a result, it cannot be covered like a stock. When you understand technical analysis and trading, you will find that the volatility of the foreign exchange market is actually smaller than that of the stock market! Because most of the technical signals that appear coherently in time can also be detected, and the two-way operation ensures flexibility. Based on the above description: the technical analysis ability of the subject has not yet met the requirements of the foreign exchange market. Because the threshold for technical analysis in the stock market is relatively low. After finding the problem with the internal factors of the market, let's continue to explore the external factors! Let’s start with the traders first. I once said that traders should jump out of their own logical circle, otherwise all your replays are just copy and paste! It is not advisable to do foreign exchange with stock thinking! ! ! Earning 1 percentage point on stocks, regardless of leverage, is incomparable to earning 1 percentage point on foreign exchange. Due to the high yield and bi-directionality. As a result, the K-line trend of foreign exchange will not be similar to that of stocks. The trend of stocks is mostly in one direction (the sky and the floor are rarely seen), while the foreign exchange has two characteristics just now that cause its trend to be coherent, but it does not only have one direction in a day like stocks! Therefore, in terms of operation, more attention should be paid to the pressure of long and short profit taking to leave the market after making a profit. All buying is equal to shorting! ! ! (Buying down is equal to long positions in the future) There is no one that has been rising all the time. After a certain profit, everyone will become short and lock in profits. Two-way trading is important to learn to short! ! ! The author is a trader who especially likes to short orders. In fact, we can’t blame everyone for this. Due to the difference in humanistic thinking, foreign people are more snobbish, so they will go long and short as long as they have money, while domestic financial derivatives have been discussed since everyone entered the market. How to buy a stock that is expected to rise, And securities lending and arbitrage generally do not learn. The reason why most of the domestic traders are leeks. In fact, Soros's classic battles are all in the short direction. To do a good job in foreign exchange trading, you must learn to do short trading. In fact, if the technical indicators are used in reverse, they will become empty side usage. If you are tired, I will add it another day!

What kind of system can correctly and accurately locate resistance and trends

maida quantification

Based on proven scientific conclusions, the established trading system can correctly and accurately locate resistance and trends. We know that the theory of physics is a science that studies the laws of nature, then the financial trading market is a subset of nature, so the same applies. Next, we use scientific theories in physics to deeply analyze resistance, trends and the relationship between them, and how to accurately locate them. What is a trend? Trend means direction. Many investment theories do not give a clear scientific definition of direction, and many concepts are vague or even wrong. So how is direction defined in physics? First look at the first law of physics, the law of inertia. Any object must keep moving in a straight line at a uniform speed or at rest until an external force forces it to change its state of motion. The law of inertia is part of the laws of nature. Since it can be applied to nature, it can also be applied to the financial trading market. why? Because the financial trading market is part of nature. Then people's inner world, the price of the financial market also obeys the law of inertia, the translated meaning is as follows. The price must maintain an upward or downward movement or a static state until reverse funds enter the market and force it to change the original trend movement state. From the above, we get several elements: the price starting point of the trend movement, the price end point of the trend movement, the reverse capital action force, and the reverse capital action point. Inference 1: When price A is the starting point of the trend and price B is the end of the trend, the market price fluctuates from price A to price B to have a trend. If there is no reverse financial force to force it to change the direction of fluctuation, then it will only end when it reaches price B. Inference 2: The action point of reverse funds is in three places: the starting point of the trend, between the starting point and the end point of the trend, and the end point of the trend. Concluded as follow: First case: If the opposing force lies in the starting point of the trend, then this kind of market is a resonant market. Second case: If the effect is in the middle of the trend, then the price will have a callback. As long as the starting point of the trend is not broken, the final price will still reach the end of the trend, or the starting point of the trend will be broken directly due to the excessive strength of reverse funds, which will directly lead to a trend reversal. Many investors lose money by doing long in this kind of market, because the trend is not over, and they can only make orders that cross the previous resistance. Do not make reverse callback orders. What you see are opportunities, but in fact they are all traps. Even if there is a reverse push in the middle of the trend, it is generally a callback caused by the previous liquidation funds. People who operate institutional funds are very wise, but they will not buy bottoms in the middle like retail investors. Without enough wisdom, retail investors will not be able to pick up cheap ones. The third case: If the end of the trend is reached, then a large amount of funds entering the market at the starting point of the trend will close the position, and at the same time there will be reverse funds, and the trend will reverse rapidly. The rapid reversal of the market all occurs here, so if you want to maximize profits in this place, you must enter the market at a certain position. Summary: Through the above analysis, reasoning and examples, only a trading system based on natural science can accurately locate resistance and trends.

Maida Quantification

Have you ever encountered a situation where the platform does not give money? How should I get back my own handling fees and commissions?

no waiting after due date

Although, I personally have not encountered such a situation, but according to your situation introduced by my friends on the platform, the platform will indeed block the withdrawal of funds. Today's platform merchants generally have very low transaction costs such as spreads, and none of the platform merchants will say that high-frequency trading is not allowed when opening an account and depositing funds. However, if you actually use high-frequency trading, the platform will really interfere with your withdrawal. I have learned that there are several situations where the platform interferes with the withdrawal of funds: The first type is platform vulnerabilities. It is to seize the small differences such as the time difference and price difference of the platform, and trade heavily. Especially when the data is released, some platforms are a few seconds slower than others in terms of time, or a little slower in price. Basically, traders will trade during this time period, and the holding time is very short. For this type, the platform provider will not give up the money. The second type, high-frequency trading, brushing EA. This kind of discriminability is relatively poor, and there is no fixed standard. This type of high-frequency trading can theoretically increase the trading volume for the platform. But the crux of the problem lies in the transaction volume. Today’s platforms generally have a rebate policy, and the cost of the platform needs to deduct this rebate, so the more you use, the more the cost of the platform will increase. Even if your account is not profitable, but a large amount of rebates have been generated, the platform is overwhelmed, and you will not be allowed to withdraw money. At present, these two situations are the only ones that I have come across that are not allowed to withdraw funds. As for how to recover the losses, I can't help you. Maybe you can seek help from relevant institutions, such as foreign exchange 110. They seem to have specialized staff working on this piece of content, you can ask.

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