Is technical analysis useful?

Second Senior Brother’s Trading Diary

A complete trading system includes opening and closing rules + fund management. The core of trading lies in fund management, not in opening positions.

Close position. Don’t spend too much time on learning techniques. The real core things in trading are outside the K-line, such as your heart.

Attitude, emotion, execution ability, etc.

The founder of trading and speculation, what skills did Livermore know? There was no K-line in his time. At that time, it showed

Before the invention of telegraph, stock prices were sent via telegraph and copied on the blackboard.

Livermore only knows one trick: break through and chase!

In the trading field, you need someone to get you started. If no one gives you a clue, many people will never be able to make it in their lifetime. very

Many people have been in the trading market for many years, learning techniques all the time, and wondering whether they will still lose money after learning, continue to learn about waves, and waves.

After learning, I still lost money. I looked for various indicators to learn from. In the end, my hair turned gray and I couldn't get hard anymore. The result was still a loss.

For example, a simple rule for opening and closing positions: open a long position with a long yang line of heavy volume, open a short position of a long yin line of heavy volume. If you make a mistake, stop the loss, otherwise

If you make a mistake, move the take profit. Just following this one rule that you can understand is enough for you to make money. We just need to find a technology to

Learn, and then rely on your own experience accumulation to refine some high-win-rate position opening and closing rules for your own use. Don’t

To learn so much nonsense.

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Last updated: 10/05/2023 03:36

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