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If counting from the world's first stock exchange, trading has gone through 400 years of rapid development, during which countless trading indicators and methods have been created, such as the classification of indicators that indicate trends, shock range, There are many more complex composite indicators for the relationship between volume and price. Without exception, they all want to find a ruler to gain insight into the state of the market at all times, so as to provide a basis for trading decisions.
Many veterans will gradually abandon indicators, because indicators have the following problems.
1. Alternative
No matter how complex the indicators are, they are inseparable from the basic data of price, time and trading volume, and all the relationship information of volume, price, time and space is contained in the most basic indicators such as k-line and moving average. Usually we only look at the k-line and moving average, and observe the shape of the graph, so we can grasp the general situation of the market.
Just like we can use BMI (Body Mass Index, BMI is equal to weight divided by the square of height) to judge whether a person is fat or thin. But can't we judge fat or thin without BMI? Just by looking at a person's appearance we can tell whether he is fat or thin. Moreover, due to differences in personal physique, the content of fat and muscle is different, and sometimes people with a slightly higher BMI appear thinner.
You see, things that can be done at a glance, why do you have to weigh the weight and height first, and then compare it after the calculation? Sometimes it's better to keep it simple.
2. Poor versatility
The foundation of an indicator is its logical thinking, not the number it indicates. Complicated indicators generally need to set some parameters, and the status indicated by the indicator with different parameters will be completely different. Like many indicators that indicate the strength of buying and selling, due to changes in the market, the same set of parameters cannot always indicate the true state of the market, which sometimes leads to serious distortion of the indicators.
As for the setting of parameters, there is no uniform specification, especially for the less commonly used niche indicators. Use depends entirely on individual needs.
I use the moving average as an example, one of the most commonly used indicators. Common 5 days, 10 days, 20 days, 30 days, 60 days, 120 days, 250 days. Because the 5th of stock trading is a week, the 20th is a month, the 120th is about half a year, and the 250th is about a year. People use it more and it is a convention, and the parameters that everyone is using are more useful.
Just like the k-line, if there is a daily line, use the daily line. If you don’t, you have to get a 2/3 day one. That's okay, just be happy.
3. Limited effect
What exactly is the transaction doing? Where is the upper limit of technology?
Trading is nothing more than a game. In this market, if there is a lot, there will be space, until one side stops the loss and the other side makes a profit.
The role of technology is to reveal the game relationship and accurately locate the key game positions. As for how to operate, it has to be chosen by people.
Sometimes when we reach a certain key position, whether to go long or short even ourselves will be contradictory. Should we listen to indicators that seem unreliable? The parameters of the indicator are not set by yourself.
I think that most people who have been trading for several years will not rely too much on indicators. However, in a specific market, such as after a big rise and fall, I foresee a period of shock adjustment in the market. During this period, I use preset Trading with a certain indicator with good parameters may still have a high accuracy rate.
K-line, moving average, and trading volume are all necessary, and others depend on personal habits. People who have been trading for a long time, at least have more experience, and their skills are not too bad. The probability of being a master is relatively higher.
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Last updated: 08/13/2023 03:10
It seems that this sentence has seriously misled most traders, and it is a myth. Let's hit the novices again. It is ridiculous for novices to blindly pursue nude k and blindly pursue simplicity. Without a process of sublimation, can they be naked? Can you be simple?
K-line, everyone knows that the smaller the period, the faster the change. The K-line below the 4-hour level is basically not stable at all, so it means that the minimum level is 4 hours, and the naked k-line is below the H4 level. Don't be unconvinced! Take a big bite and run away with 10 points. The point is not to take any damage. Is this called playing naked k? This is called a gambler. There are almost no birthday stars in this way. Those who are really profitable at the H4 level can trade at most 2-3 orders a week. How can they make five or six orders a day like those who post pictures.
Traders who really do naked K may be veterans or institutions. Because of the large risk of funds and strict control, it is decided that they can only do long-term trend trading, and the trend brings in the method of adding and reducing positions. For these people, there is no need to look at redundant indicators. What you do in a year is a trend, not based on a single volume. It is not for naked K to do naked K, because the daily or weekly level has already stabilized the trend of the formed K-line trend, and the effectiveness of the previous high and the previous low is greater than the effectiveness of the small cycle. Therefore, please treat the use of nude K correctly and objectively, and stop myths.
What is the motivation for those who post pictures and eat 10-20 points? 1. Arguing against the nudity; 2. If you dare to say that you are making money anyway, I will tell you to stay away!
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Last updated: 08/01/2023 22:28
There are masters in the martial arts without weapons, but it is impossible to see a newcomer to the martial arts without weapons and think that he is a master! But some people have seen or heard of such a master, so they also learned to go to the battlefield without weapons, but failed.
Taking myself as an example, now I can trade with naked K, but I still use indicators, because there are indicators that can tell at a glance what stage the current market is in, and there is no need to judge by the high and low points of the price, the reversal K line, etc. Another main reason is that everyone will have subjective thoughts, especially for continuous profits or losses. At this time, indicators play a warning role.
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Last updated: 08/07/2023 15:14
The road is simple, too many things will mislead you, if you find a trading tool that suits you, you will lose what you have learned a lot. Everyone's realm is different, just like learning kung fu horse stance is the foundation to a certain level. step?
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Last updated: 08/13/2023 22:00
In a personal case, a friend I met a while ago was doing spot agricultural products by himself. I chatted with him at the time and asked him the operation cycle, saying that it was a five-minute chart. Ask him about the profit rate and the retracement rate, and the answer is that he has not calculated it, anyway, he is making money. I asked him if the trading system has not counted, and the answer is that there is no need for a trading system. That period has passed, and now the operation is naked K. I look down on those who use indicators. The naked K is the best. Later, I looked at the transaction records, earning 300 today, losing 200 tomorrow, and sometimes earning dozens of yuan a day...
There are a lot of good people in the trading industry. Personally, I feel that there must be masters of naked K trading, but the level of naked K trading is beyond the reach of ordinary people. The masters of naked K should have optimized the trading system in the past. Personally, I feel that naked K is not very credible. !
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Last updated: 08/11/2023 19:53
Personally, I think that not all people who trade with naked K are masters. At the same time, I suggest that novices should not be too obsessed with naked K, because it is actually very difficult to achieve the goal of using naked K to make money. On the one hand, you must first master a single K line. The formation principles of K-line combinations and K-line patterns and their application in actual combat, especially the grasp of K-line patterns is the most important thing, including various top-bottom patterns, relay patterns, reversal patterns, etc. Second, learn Trend lines and trend channels and the use of some special line drawing tools, such as Fibonacci golden section line, Gann angle line, etc., and finally learn wave theory, Gann theory, Dow theory, etc., especially wave Theoretical research must be deep and thorough, otherwise it will be difficult to become a master of nude K! Therefore, it is best for novices to use some simple indicators at the beginning, such as a moving average, Bollinger bands, MACD and other simple indicators, and build trading rules suitable for operation, and strictly enforce the consistency. Over time, they form trading habits and can also make profits in the market , but to become a master, you still need to improve yourself in all aspects. In short, the road to trading is a difficult road to practice, and the realm determines the height!
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Last updated: 08/08/2023 11:44
A real K-line master does not only use K-line trading, he also refers to other objects, such as shape, mid-to-back band, etc. These masters will not tell you.
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Last updated: 08/09/2023 14:47
Nude K has a large number of loyal fans in the market, and there are many real masters among them, but generally speaking, most of them are fake masters, and most of them are fake naked K. The "pseudo" mentioned here mainly refers to the understanding and operation of "naked". Among the friends who choose naked K first, a large part of them think that naked K responds quickly, but indicators respond slowly; there are also many people who think that indicators are easy to be deceived and will change with the K line, while naked K will not have such disadvantages; Some think that naked K is the most simple and direct, and it is closer to the essence of data; of course, some think that naked K is as powerful as winning a sword with empty hands... There are various reasons!
For example, some people think that the trend line is a naked K analysis technique, so what is the trend line itself? Isn't it also lagging, can't it be used to deceive you? For example, Tanglun, is it a naked K, and what is the line segment, center, and trend structure of the pen? Isn't it also lagging behind? Can't it be used to deceive you? K-line shape, k-line combination, k-line trend shape, is it a naked K, what is the shape, what is the combination, what is the trend shape, isn’t it also lagging, can’t it be used to deceive you...
For example, what is the difference between the moving average and the indicator, and the so-called trend line, pen, line segment, k-line shape, etc. They are all the indicator forms after the K-line is processed, and there is no essential difference! The K-line itself will change at any time during the unfinished process, and the division of the K-line itself is very artificial. It is just a statistical sampling standard. What is true or not. For the price within a certain period of time, four of the prices are selected according to a certain random sampling standard, how much truth is there at all, especially the single k-line that is far away from the whole! When discussing the K line in the whole, the single K is bound to be subject to the historical nature of the whole, and it will also lag behind and be deceived!
Whether the computer software is ready-made or not is not the standard for distinguishing whether it is an indicator. With the development and popularization of computer programs and operating theories, many theoretical indicators that were not in the operating software before are now programmed! Such as trend lines, K-line patterns, winding theory pens, line segments, centers, trends... For example, "Difficult Theory" itself can also achieve non-uniform processing in computer language. For a friend who does not understand the essence of the theory, it will completely understand I think that "Difficulty" is the so-called naked technology, but this is nothing more than bullying those who don't understand or deceiving myself and others!
The so-called deception, if what you believe in does not produce consequences, then why is there no deception? For example, if someone tells you that a star exploded ten billion light years away, so what if you believe it, so what if you don’t believe it? For the general public, its authenticity is indifferent! Once you believe in something and act accordingly, cheating has real meaning, otherwise, cheating or not cheating is of little significance! However, regardless of whether to cheat or not, based on the probability of success or failure, the meaning of cheating is blurred! There are masters of mimicry, discoloration, and camouflage in nature, but their absolute safety cannot be guaranteed, and survival is still a fate of chance under natural selection. However, mimicry, discoloration, and camouflage are inherently so. It does not mean that they have the willingness to deceive subjectively. It depends on what the observed object thinks. I didn't want to see it!
You need to understand: without diamonds, you can’t do porcelain work; you need to understand: tools are for what you can’t! And when you are better at manual than automatic, there is no need to be automatic, everything starts from reality, there is no need to be either one or the other!
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Last updated: 08/10/2023 05:34
Because the indicators have a very serious lag, most of the traders who use indicators to trade lose money. Most of the naked K can make money simply by using technology. The reason for not making money is execution, mentality, and fund management. Not in place, technology is never the most important
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Last updated: 08/14/2023 00:56
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Last updated: 08/11/2023 00:49
The criterion for judging a master is not to use naked K, but to make money steadily and continuously.
Whether it is a naked K or a K with clothes.
How well a tool is used depends on the person who uses the tool, so let's cultivate ourselves.
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Last updated: 08/10/2023 13:54
It's just that I don't know what's going on, and the more people agree with most of the rumors on the road of trading, the more doubtful they are.
There are some masters who can do a good job by simply using the K-line, such as Huang Qinxiang, a famous teacher in Taiwan and an expert in K-line tactics. If you want to learn K-line, it is recommended that you must learn it.
But even such a master pointed out the shortcomings of using K-line trading alone, which requires other techniques to make up and improve.
It can be seen that naked K trading is feasible, but it is not magical. In fact, when you communicate with many masters who use naked K, their knowledge of technical analysis far exceeds the scope of naked K. They just don’t want to look too complicated when looking at the pictures. Keep it simple and not easy to confuse.
Investing is a matter of a lifetime. Don’t be superstitious. To save trouble, you still have to keep learning. The more knowledge you have in your heart, the more things you can realize that suit your personality.
The trading analysis system that suits your personality is the best, come on!
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Last updated: 08/07/2023 01:23
Only those who can continue to make stable profits for a long time in the trading industry are masters . In addition, any hype he said is just a second-to-fifth eye.
Many novices enter the industry and find a new indicator is like a treasure. They plunge into it and get embarrassed. They don’t say that their level is not enough, but they say that this indicator is not good. So they inquired here and there and changed another indicator. flow. Suddenly, I found that some people didn’t use any indicators, and traded directly with naked K-lines. I thought this is "the road to simplicity, back to the basics", right? Then I worshiped, thinking that only such a person can be called a master.
In fact, the so-called "naked K-line" is not bare enough. A K-line contains at least four indicators, opening price, closing price, highest price, and lowest price. I only admit that you are awesome if you use the quotation form to make transactions!
In the business of trading, it is too difficult to make money by trading, so many people go out of their way to gain fame and fortune by means other than trading. But in the final analysis, apart from long-term stable profits in this business, there is nothing else to show off. Here is the result that determines everything. Even if your theory is impeccable, if you frequently liquidate and lose money, then your theory is shit. On the other hand, even if you are really trading on a pile of shit, as long as you can continue to make stable profits, your shit is also the holy grail of God!
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Last updated: 08/02/2023 14:54
First, just looking at naked candlesticks shows that you can understand the candlestick language and know the laws of candlestick operation. The focus is on the closing price. By comparing the closing price with the previous closing price and opening price, you can see whether the trend has changed.
Second, only looking at naked K, without looking at any indicators, means that you can draw a trend line.
Third, explain that understanding the closing price determines everything. Indicators can only be used as a reference, superstitious indicators, it is better not to look at, just look at naked K.
Fourth, just watch naked K, which means that you have watched too much and have a sense of dishonesty. The judgment based on naked K has a certain accuracy.
Fifth, just looking at naked K can also use many line drawing tools to analyze, such as golden section, channel line, regression line, cycle line, Gann line and so on. Those who can use these line drawing tools are considered masters.
To sum up, those who can use naked k to make orders are all masters, and they must be highly skilled.
Ten years of trading experience, good at trading and analysis of gold, crude oil, foreign exchange, etc.
Welcome to pay attention to more exchanges.
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Last updated: 08/02/2023 08:38
Those who can obtain reasonable or even unexpected returns within controllable risks are masters. As for what tools to use, in fact, there should be no need to distinguish between high and low. The financial industry has always been concerned with retracement and income. As long as you have your logic, no one cares about what you use
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Last updated: 08/04/2023 05:24
Naked K is suitable only when you have reached a certain level of skill and sense of disk. Novices are not recommended to do it at the beginning, and experts have a picture in mind.
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Last updated: 08/02/2023 09:47
The origin of all technical theories is the K-line itself, and the conclusions that can be obtained from technical indicators can also be obtained by observing the K-line. Technical indicators are more convenient to use, but they also have drawbacks, such as lag. The timing of trading is money. If you can be 3 seconds faster, you may be able to seize profit opportunities. What I know is that many people who watch naked K actually have a deep accumulation of indicator theory. It may be that the technical strength has reached a certain level. If a novice who doesn't understand technology only looks at naked K transactions, he won't be able to see why.
Regarding foreign exchange trading, welcome to communicate with me, and you can also check out my Huihu column, the three-state system, the trading system I summarized in actual combat, I hope it will be helpful to you
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Last updated: 08/10/2023 10:19
After reading everyone's comments, they all make sense. Let me talk about my personal opinion.
We do transactions, whether in foreign exchange, stocks, futures markets, or options, bonds, and commodities, we essentially do transactions through prices.
Direct prices are the most intuitive and effective, so investment banks and institutions will never use K-lines for transactions. Some people should have seen the transaction data of large investment banks and institutions. In fact, it is a group of quotations and units that are constantly rolling. If it is not professional enough, it will make people look at a loss. However, the more people involved in the market, the more profitable it is. That’s why K-lines, discounts, line segments, or charts of various trading institutions appear (I won’t go into details here), lowering the threshold for trading.
The emergence of charts has derived various indicators, tools, parameters, etc., making trading easier.
However, when the price is put on layers of coats, it will inevitably lead to reduced sensitivity, poorer intuitive effects, and hysteresis and other factors that affect profitability.
So, in order to get closer to the price itself, experienced traders peel back layers of veil.
This is the reason why the trading gods in everyone's eyes like naked K.
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Last updated: 08/04/2023 05:13
When it comes to the K-line, it is necessary to mention the indicators. The indicators serve the K-line. Experts have been doing trading for a long time. When they are familiar with the K-line and indicators, they can ignore the indicators. The better the feeling, the more you rely on and believe in the K-line. Naked K-line masters are all made with time.
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Last updated: 08/08/2023 07:50
People say what they say, I heard that someone made money watching naked K-lines, but I don’t know how to watch naked K-lines, and I have found my own way to make money, so I also spread the word that this is a master
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Last updated: 08/09/2023 19:24