There are many trading methods in the market now. Even if the same trading theory is used, each person’s strategy will be different. So what kind of trading method is more beneficial? I have the following points of view:
In the current foreign exchange market, there are more volatile markets and fewer medium and long-term opportunities, and because of the restrictions on interest rates, it is not conducive to long-term holding orders. More people are doing short-term transactions within the day. I think the value of trading The essence is to wait for opportunities instead of creating opportunities. For our current domestic traders, our funds entering the market will not affect price fluctuations, so we cannot create opportunities. If you have a large amount of funds in institutions abroad In trading, your funds can affect price fluctuations, so you can create some trading opportunities from the fundamentals, but this condition is impossible for us, so we have to recognize the facts, all we do is follow We trade in the direction of strong funds, instead of turning ourselves into participants of the long-short power of the market, we are just followers.
As far as trading opportunities are concerned, there are currently two types
One is the news side, that is, to respect the overall economic factors of the overall environment and the policies of various countries and the regulation of the central bank, or the various news that you see on the financial calendar every day. To plan, then you must be doing long-term trading. If you are looking at the daily financial calendar, you must be doing short-term trading. There is an essential difference between the two. Long-term trading is not very sensitive to short-term fluctuations. I care about it, but no matter what you do, there is a problem here. This problem is whether the understanding of the "news side" you are currently concerned about can be the same as that of a real large organization. To put it simply, your thoughts, and Only when most of the main funds have the same idea can they make profits, then the real meaning of this has changed, not how you understand this "news", but you have to guess, how do those institutions with large funds understand this On the news side, just like one person trying to guess another's mind, you have to guess the thoughts of all the fund managers who make this type of investment in the world, which is an impossible task. If your expectations are inconsistent with their ideas, then you will definitely be wiped out, or even liquidated. For example, the crude oil in the past few months has fallen into a negative value. If you think about it from an ordinary point of view, crude oil is a Valuable commodities, you must not understand how the price can fall into a negative value, how many people are buying bottoms and bursting their positions, besides, the non-agricultural industry that everyone cares about every month is not bullish, the U.S. index will definitely rise, and bearish will definitely fall , If you make a wrong direction at this time, attribute the responsibility to the lack of data, or the main funds play tricks on you, then you are wrong, because your initial thinking has already gone wrong, and his funds have already been laid out in front , It’s just that you didn’t understand it, the news came out, it’s just that they wanted to do something, and they were looking for an opportunity, or an excuse to start it. When there is a strong or weak relationship between the long and short forces in the market, the data is meaningless. Only when there is no result in the long-short game in the market, the data has some meaning, because they have to wait for the result to come out before there will be new results. ideas, or some people have changed their original ideas, please carefully understand the reason.
In addition to news researchers, the other is pure technical analysis. Technical analysis can also be used for short-term and long-term analysis. The essence of technical analysis is to look at the historical capital layout as a reference, and see the combination of existing K-lines and various indicators. Together, to estimate the next trend of the price, since it is based on the previous price trend, it must have the previous K-line data as a reference. If the price reaches a place where there is no reference, (any cycle is No reference), then you can only look at the indicators, but often at this time the indicators have expired and have no reference value. At this time, you still have to consider the impact of the current fundamentals. At this time, a combination of technology and fundamentals is required. Of course The two can also be combined in ordinary times, but referring to the fundamentals in normal times does not make much sense. The reason is mentioned in the first paragraph of the article.
No matter what analysis method you use: In my opinion, the first element in trading is to wait for opportunities, don’t enter the market mindlessly, or enter the market with subjective consciousness. What you think is just what you think, what you imagine may not be It is a fact, so to respect the market is to wait for trading opportunities that meet your rules to appear. The second element: no matter when you trade, you must have a stop loss, and this stop loss has been set when you enter the market. If you don’t know where to set the stop loss, then you should not enter the market , let alone wait until the market has deviated from your expectations, and then think about what to do. At this time, your mind is not clear enough, and your relationship with the market has changed. Analysis must let the price go in your expectation, no matter what How the market moves should be within your expectations. If the price trend is no longer within your expectations, it means that you can't understand the market, and you should leave the market in time at this time. The third element: Never have a fluke mentality, don't resist orders, anyone who has been in a position has experienced it, so I won't say much. The fourth element: Never chase the rise and kill the fall. It is better to miss such a trading opportunity than chasing the sky or the ground. Missing the opportunity will not cause your principal to suffer loss, but if the transaction is wrong Yes, this kind of stop loss will make your heart suffer and hurt your morale. It is very difficult to build up trading confidence, but it is really easy to destroy your trading confidence. If you lose more than 2 times in a row, you will basically lose money. . The fourth element: the principle of stop profit. The stop profit is the same as the stop loss. There must be a definite target. This should also be a rule in your system. For example, in this transaction, you have determined a stop loss of 30 points, 50 points Take profit of 1 point, then you have to set it better at the beginning of the transaction. People often encounter people who enter the market and want to earn 50 points, but after the price reaches the stop profit position, the volatility of the K line is very good, and they want to be more greedy. The result is Both good and bad, sometimes you can go far, and sometimes profits will be taken back, if your take-profit level is the principle within your system, but after that, you do not execute the take-profit, then you still lose to the No matter what the result is, it will eventually affect your trading rules. People are greedy. When you are a little more greedy this time, the next time you encounter the same situation, You will also think about being greedy, but next time you can’t be greedy, you will think about not being greedy again, and next time, maybe the market will give some more profits, and then you will be limited to repeated entanglements. The heart is extremely devastated. If you encounter such a thing in the future, you don’t know how to deal with it, so you must make a trading plan when you enter the market, and strictly implement it. Try to find a way to make yourself a mechanized Executor. perfect The trading system requires mechanized execution. If your idea is good, it is useless if you cannot execute it. Now many trading institutions have separated trading from strategy. Those who make strategies do not touch transactions. Trading is completely handed over to traders, who only execute strategies. This can largely avoid the weakness of human nature.
In real trading, you need to understand the current market at the beginning, but there is a difference between understanding the market and having trading opportunities. When you can understand all market fluctuations, you will know which points to make what kind of orders , What is the winning rate of such a list, is it a 50% winning rate? Or 80% win rate? Still, this order has no risk at all. With the measurement of orders with different winning rates, you can make a good position preparation, but at any time, it is not recommended to take a heavy position. Where you analyze no risk at all, it may be that you missed it in your analysis. If you encounter something, or in the face of sudden news, you will face stop loss. Even if this kind of thing happens only a few times a year, you must avoid heavy positions. For example, many of our mentor members can achieve continuous No stop loss for 3 months, no more than 10 loss orders throughout the year, (there are no anti-order and scalping transactions, but there will be some profit protection transactions, such as a profit of 30 points, the stop loss has been moved to protection price), under the condition of such winning rate, we will not operate with heavy positions. Heavy positions can affect our mentality. Don’t naively think that you can become a billionaire after you are good at technical analysis. This is unrealistic Yes, when you trade 1 lot, your mood must be different from when you trade 100 lots. This is the weakness of human nature. The limit that everyone can bear in their hearts is different. If it exceeds this limit , you will definitely make mistakes, which cannot be controlled by your subjective consciousness. Trading itself is anti-human. At present, all trading platforms are internally digested first, and only those that cannot be digested will be sold. The premise of the platform must be profitable. Facts have proved that they are not wrong. Since they make money, they can digest Your list, but they don't control your trading list, they bet on human nature and rules. Having said so much, I don’t know how many people will see this. I hope it will be helpful to everyone. If you want to know more about our trading theory, you can follow the articles in my circle, because videos cannot be uploaded here. If you are interested, you can search for my name: Mulai Trading Academy