Lao Yang next door: No problem, no reflection

Analysis of gold and crude oil market
隔壁老杨

Yesterday, I mentioned that my physical condition was not very good, so I went to the hospital at night. In fact, before there is a problem with my body, I rarely take the initiative to go to the hospital. Even if I do a physical examination every year, the frequency is very limited. In a certain situation, it is very similar to our trading. Before there is no problem, it is rare to reflect on your own operation mode.

These days, I have seen many people earn certain profits through non-stop back and forth. If it is a shock system, there is nothing wrong with operating back and forth, but many people's profits are based on ultra-short-term heavy positions + carrying orders. What's the problem? That is, when you are doing well, you will not stop to reflect that this kind of operation is extremely risky, and once you make a mistake, you will not be able to do it if you want to reflect on it. At best, you just hand over all the profits, and at the worst, you will basically explode. Lao Yang often said, don’t be too inflated when things are going well, and don’t think you are the biggest in the world. The market has always educated all kinds of dissatisfaction. A good profit model is likely to be based on strict risk control and position management.

Some people say, can I stick to my heavy position when the market is volatile, and strictly control the position when the trend is biased? This is a typical take for granted. In fact, when you carry an order with fluke in the shock, it will still be brought into other market later. It is common that you operate an order during the period. In the early stage, you did bring a stop loss, and the position is not heavy. But as the market deviates, you will cover up your position and shift your losses, and at the end you simply remove the stop loss, or better still carry the stop loss, and after the loss is swept away, you are eager to recover the loss, so you start to trade with a lot higher than the initial lot size. The position is heavy, trying to earn back the loss directly with one order, and then repeat it again. If you are lucky and earn back, the hidden danger is that you think there is no problem with this model, and you will continue to do so until something goes wrong. .

Every day the market is always full of huge profits, including market interpretation, the same position in different positions, there will be all kinds of bulls and bears. It can be said that as long as you want to operate, you can see suggestions to let you enter the market at any point, but Blindly copying the answers like this, and finally found that a lot of orders are made every day, but the profit is not much, why bother? Why not take the time to learn the trading system? Everyone's trading style is different. The same order may be handled by different people with different results. Only you know yourself best. Every day, you are worried about the market to find comfort and support yourself. What is the point of view? meaning?

You must perfect your own trading system, at least you can clearly know why you want to be long or short in this position. If it is just purely based on feeling, it is best not to make such an order. Don’t trade too frequently. The closing line of the daily line is either yin or yang. There is only one kind of line in a day, but the thinking changes frequently in a day. This kind of stability is definitely not strong. When the thinking is right, stick to it. If you make a mistake, admit it, adjust it, and do it again.

Of course, not everyone can have a good trading system at the beginning, and it is slowly formed during the operation process. During this period, having a good teacher to guide is indeed more effective, but please choose your own teacher carefully. First of all, if you have a good character, if you don’t have a good character, everything else is useless. Secondly, please be smart. Do you think it’s reliable to talk about doubling your huge profits every day? If the rate of return is really so high, you can make a fortune by investing some compound interest casually. Do you need to brag about it every day? Third, don’t be greedy for petty gains. Wool always comes from sheep, and there will be no free lunch in the world. Especially in terms of platform selection, if the cost is really low, deposits and withdrawals are fast, and transactions are stable, then the probability is right. Bet, you play against the platform, do you think the result will be good?

I still hope that everyone will strictly regulate their own operations, accumulate profits slowly one by one, and guard against arrogance and impetuosity. This is the way to long-term stable profits.

In terms of the market, in yesterday's trend, because Monday was a low trend, it was determined to be weak in the morning, but in the afternoon, it showed a rebound of continuous positive and single negative, which violated the definition of weak, so there was no participation before the European market. Afterwards, the U.S. trading session plans to follow the logic of the European market breaking high. Unfortunately, the position is one point away. The plan is 1700-1701, with a minimum of 1702.4. Since then, the second wave of rising has been missed.

Today, due to the turbulence between small groups in the early hours of the morning, there is no obvious strength or weakness. At the same time, the daily line level is weak in the early stage, so even if it closed in the sun yesterday, it cannot be classified as a strong one. Then it will still be treated as a shock within the day, and the lower support is 1710 -1711, followed by the range of 1700-1702, the upper resistance of 1720-1721, followed by 1727-1728, specifically wait for the resistance or support to be touched before making arrangements. Recently, there are relatively few orders arranged, mainly at the point of divergence between long and short, so the operation will be smooth Be cautious and hope to understand.

I would like to add one more sentence here. Everyone should be able to understand why there are fewer operational suggestions now. It is because the current market rhythm is too fast to switch between long and short. The strategy in the morning must be applicable in the afternoon. Then there is a high probability that you will suffer. For example, the suggestion in yesterday’s blog post was to go short at 1695.5-1696.5, but in the actual operation, it was not allowed to enter the market, because the time of touch was relatively late, and the pattern at that time was continuous yang and single yin, which did not meet the weak position The market should be in the form it should be, and there is no way to enter the market. If you just wait for the answer and don't understand the logic, then yesterday's emptiness will be swept away after entering the market. So I still hope that everyone can understand the logic more, and don't just ask for a point. Suggestions for

crude oil wait-and-see operation: Gold: more down around 1700-1702, loss of 6 points, target at 1712-1716, empty above 1727-12728, loss of 6 points, target at 1718-1713 Crude oil: wait and see




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Last updated: 09/11/2023 06:40

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