What kind of system can accurately locate support resistance and trend when doing transactions?
How is AI changing the way trading works?
Given that fundamental analysis often means going through loads of data like spreadsheets and SEC filings, is it possible that AI could trade so accurately that it makes human decision-making unnecessary? Also, how has AI already become a crucial part of advanced trading methods? And if I'm just an individual trader, how can I start using AI in my trading, and what could trading look like in the future if AI becomes a must-have tool?
What do you think of the sentence "The initial trading habit of human beings is not trend trading, but buying bottoms and finding highs"?
"Buying the bottom and finding the high" and "following the trend" are two parallel trading ideas. In real life, 90% of people like to choose "buying the bottom and finding the high", and the remaining 10% have also undergone a lot of training and thinking. After correction, you will choose to "follow the trend". Why do we naturally like to "buy the bottom and touch the high"?
Some people say: One point of trading depends on technology, nine points depends on emotion, what do you think?
The trading mentality is always demonized. It is true that the mentality will affect the order, but it is too exaggerated. Shouldn’t it be that one has strong technology to have a stable mentality?
What logic, common sense, theory or philosophy is your trading system based on?
Any long-term trader will inevitably form his own relatively stable "trading concept". From the beginning of contact with the financial market (stocks, futures, foreign exchange) to the later relatively stable and mature stage, it must also be in line with some of the basic ideas he recognizes. Common sense and theory are related to philosophy. For example, from the perspective of the law of the development of things, things must be reversed when they are extremely extreme. From the perspective of human nature, herd mentality, unconventionalism, breaking the old and creating the new. There are also the law of the jungle and the law of the jungle from the perspective of the natural world. I would like to discuss the establishment of the trading system with you. You can share it and learn from each other.
