Discussions among the group my trading story

Understand the difference between foreign exchange and futures in one article

十里东风

1. What are futures? Futures (Futures) are completely different from spot goods. Spot goods (commodities) are actually tradable goods. Futures are not mainly goods, but are based on certain mass products such as cotton, soybeans, oil, etc. and financial assets such as stocks and bonds. The underlying standardized tradable contract. Therefore, the subject matter can be a certain commodity (such as gold, crude oil, agricultural products), or it can be a financial instrument. The date of delivery o

Take stock of the psychological and behavioral misunderstandings in foreign exchange investment, so have you been tricked?

十里东风

1. Common psychological misunderstandings: 1. Blind obedience Due to the lack of in-depth understanding and analysis of the market, other people's analysis and operational suggestions often become the "basis" for many individual foreign exchange investors' transactions: as long as there are people around who have made a transaction, they will scramble to do the same transaction. Also unwilling to cut positions decisively. I am not afraid that everyone will lose money together, but I am afraid th

Learn the five strategies of foreign exchange trend trading, let your trading open

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1. Several trends in the foreign exchange market Trends can be divided into initial trends, continuous trends, and final trends. Investors should operate differently for these three types of trends. For the nascent trend, it is intended to grasp and analyze whether the trend can continue. For continuous trends, pay attention to the patience of your own positions. For the ending trend, on the basis of the first two steps, you must have a relatively thorough understanding of the market's fundament

The nature of positions for risk prevention and control

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Many people have a high accuracy rate in placing orders, but often the key to losing more and winning less is improper control of the position volume. The nature of the position volume is generally determined by the percentage of the total funds. According to the experience of the editor, it can be mainly divided into the following categories: 1. Probe positions: Generally, it is a directional indicator to determine the opportunity to enter the market. It is controlled within 1% of the total cap

Teach you how to move stop loss to lock in profit

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First of all, let's clarify a concept, that is, what is a trailing stop loss In trading, any indicator, data, or trading method is a double-edged sword. We should not only see their good points, but also their shortcomings. With the development of electronic networks, currently more than 80% of transactions are executed automatically, and the "moving stop loss" on the MT4 platform is one of the tools used to automatically manage account risks. "Moving stop loss" is also called "trailing stop los

How to deal with risks in foreign exchange investment

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Approaches to managing trading risk can be divided into three categories: 1. Precautionary measures that can be selected when signing a contract, including choosing a good contract currency, adding contract terms, and adjusting prices or interest rates. ①Choose the contract currency. In economic transactions related to foreign trade and lending, the choice of which currency to sign a contract as the currency for valuation and settlement or the currency for valuation and settlement is directly re

What is the difference between real trading and virtual trading in foreign exchange?

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1. Individual firm foreign exchange transactions Individual firm foreign exchange transactions refer to individual investors entrusting banks to exchange one freely convertible foreign currency into another freely convertible foreign currency. Investors can convert between different currencies, while bearing the exchange rate risk, obtain the benefits brought about by exchange rate fluctuations. The characteristics of real offer trading relative to margin trading (commonly known as "virtual offe

What is pan sense? How many investors use market sense to make transactions?

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1. What is the sense of disk? Disk sense is not intuition, not the sixth sense. If you make orders based on feeling, it is subjective and emotional trading, which is blind. Disk sense is a trading rule or market phenomenon that has not been clearly stated or is not easy to summarize. , and this rule or phenomenon is a framework that you unconsciously extracted in long-term short-term trading. Once this signal appears, you will know what to do immediately. It is the brain that instantly processes

What kind of people are those legendary traders who have made a lot of money?

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"There are very few ways for an individual to start with relatively little capital and eventually become a multi-millionaire, and one of those ways is trading." Stockbroker Jordan Belfort carefully rolled a hundred-dollar bill into a small tube, and a smile flashed across his face. He finally understood the secret of Wall Street success taught to him by his mentor Mark Hana. Another meaning of this scene in the movie "The Wolf of Wall Street" is that money can make you get carried away and can't

The first step is not to be leeks, starting from understanding foreign exchange quotation transactions

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There are many types of foreign exchange market participants in a broad sense. This article will discuss the operating mechanism related to foreign exchange transactions from the perspective of individual traders and centered on individual traders. When a trader trades an order in front of the computer, the order will have a relationship with the following foreign exchange participants. We have sorted the foreign exchange participants (according to the trader as the starting point). As shown in

What is KST indicator?

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The full name of the KST indicator is Know Sure Thing, which was developed by Martin Pring (Martin Pring), and some Chinese are also translated as "Know Sure Thing". KST is a momentum oscillator that is calculated based on the smoothed Rate of Change on 4 different time frames. In 1992, Mr. Pringle described the indicator as "Summed Rate of Change" for the first time in the "Stocks and Commodities Futures" magazine. In simple terms, the KST indicator measures price momentum on 4 different time f

How to seize the opportunity to close positions?

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To seize the opportunity of closing positions is actually to choose a closing method that suits you. 1. The way of closing positions should suit your personality What kind of person you If you are doing short-term intraday trading, your closing method should not have the option of holding the position overnight. No matter the market happens to make a large profit in your direction, you should also close the position, because the subsequent market has nothing to do with you. Time is also the b

Regarding the lock position, I want to say these

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The lock order came from futures at the earliest time, and later with the development of financial derivative products, it was applied to the trading of other products, and it was booming for a period of time. Order lock really means that after investors buy and sell futures contracts or other financial products, when the market shows a trend opposite to their own operations, they open a new position opposite to the original position, also known as lock-up and lock-up. The operation of locking o

After reading this article, do you dare to say that you still don't understand KDJ indicators and RSI indicators?

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First of all, we need to know what KDJ indicators and RSI indicators are. KDJ indicator: KDJ indicator, also known as stochastic indicator, is a fairly novel and practical technical analysis indicator. It was first used in the analysis of the futures market, and later widely used in the short-term trend analysis of the stock market. The most commonly used technical analysis tool on the Internet. Generally, it is a statistical system used for stock analysis. According to statistical principles,

How to better understand probability, odds and frequency in investing

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The investment income is mainly determined by three factors: probability (also called winning rate), odds and frequency. Probability or winning rate means how sure we are when we make an investment. Odds mean that when we make investments, we see how much we can earn if we are right. Frequency is the number of bets we make an investment. 1. Probability and odds are incompatible What we need to realize is that high-probability investments often have low odds. Investments with high odds often hav

Avoid these problems and help you find support and resistance levels

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Today, I will share some problems that people often make when looking for support and resistance levels, and help you avoid and accurately find support and resistance levels. 1. Don’t pursue accurate marking of important price points Some perfectionist traders always hope to find support and resistance levels that perfectly correspond to the examples in the book. But the market is always surprised: The resistance level of the NZD/USD daily chart above is close to the textbook perfection, but i

A transaction review sharing article

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I believe that everyone also feels the importance of review. I used to trade while going to work. I really didn’t have much time to do review. Later, I always made repeated mistakes in some places. Only then did I start the real road of review. Entering the review is as deep as the sea, and then I will share my own experience. I divide the review into fundamental review and technical review. (1) Fundamental review The logic of currency and commodity is different. Commodity fundamentals involve

First time hearing about the hammer and hanging man?

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An important principle for judging the reversal pattern is: first of all, we must determine the main trend of the market and understand the general direction. Only when the direction indicated by the reversal signal is consistent with the main trend direction of the market, can a new position be opened based on this reversal signal. For example, assume that during the development of the bull market, a top reversal pattern appears. Although it is a bearish signal, the short-selling is not very su

Band operation skills

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Band operation is the best operation technique to obtain short-term income when the market is in turmoil. Moreover, this flexible operation method can also effectively avoid market risks, preserve financial strength and cultivate market sense. A complete swing operation process involves buying, selling and selecting investment points in three aspects. First, the choice of band operation. Those that are more suitable for band operations will have an unnatural increase in volume during the botto

How to deal with repeated divergence of indicators?

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First of all, we need to distinguish what is subjective review thinking and what is objective thinking. The rules found in the review are basically found with subjective thoughts. This kind of subjective thoughts to choose the market can find the trend you want no matter what. Most of the review is to look for regular patterns, but the word "search" is highlighted in it. In fact, if we look at the market without prejudice, we will find that we may be on the market, and it is difficult to find si