What are the advantages of weekly trading over daily trading?

This is a seemingly simple but excellent question that captures the essence of trading.

First throw the answer, the weekly line is better than the daily line, the monthly line is better than the weekly line, and the quarterly line is better than the monthly line.

First, any cycle level is actually a tool, and tools have their own characteristics.

Second, for most people, there is no suitable tool for them . This is the focus of this answer, please read clearly! For most people, no single tool exists.

The implication is not that I like short-term trading, I am suitable for watching the daily line, 4 hours or even 5 minutes. It's not that I like long-term trading, I just look at weekly, monthly or even annual lines.

Because most people are not suitable for short-term trading, most people here mean that 99 out of 100 people are not suitable. Because human nature cannot be overcome, it is necessary to choose a set of suitable tools and methods to avoid human weakness.

Anyone with a little trading experience knows that the biggest enemy of trading is not the inability to analyze, but the inability to overcome human nature. Especially after adding leverage, it infinitely magnifies the fear and greed deep in human nature. This is not the so-called "exercise" that can be exercised. Most people have been frying for decades, which is just a leek.

Especially those who analyze well and do not make any money in the end. It’s really not that you can’t analyze it. Technical analysis is not complicated. The difficulty is that you can’t overcome human nature.

You will find that people who can analyze technically are especially good at buying all the way up and getting out of the top all the way. Because of greed and fear, I want to avoid every fall, but I don't want to go empty. If a cow is over, the profit may not exceed 20%. What I said is absolutely true. Anyone who understands technical analysis will feel that any level has reached the peak, or there is a round of retracement. First sell a part to keep the profit, and the end is to sell all the way.

This is the true portrayal of leeks.

It is precisely because no matter what level you are, you are always fighting against human nature, and then losing to human nature all the time, so you never make money in trading. I have really seen too many amazing analysts, the analysis accuracy rate is 80%, but there is no money.

It's not that their analytical skills are not good, it's that they really can't defeat human nature! Not only them, but those who tried to fight against human nature eventually lost to human nature. Because, this thing was brought from the mother's womb and engraved in the genetic sequence, it might not work.

Human nature is irresistible, so what should we do? It's simple, avoiding humanity. As long as you watch the market and watch the currency price go up and down every minute, it will inevitably arouse your human fear and greed. If you happen to be good at technical analysis, it will inevitably arouse your operation, and then start the error mode.

So, if you don't look at it, there won't be such a problem.

This is why I told you that the weekly line is better than the daily line. The weekly line only closes once a week.

This is absolutely a truth. Because Livermore said, the big money is in the trend.

The higher the level, the fewer operations and fewer mistakes. Losing money is really because of making too many mistakes, and there is no other special reason.

Then, let's discuss how to trade weekly .

1. Select the target

Eliminate all those things that are small in size, poor in performance, messy in disk, and fund disk. You have to understand that the price in the securities market itself is meaningless, only the price that has been piled up with real money is meaningful. If it was poured out by the trash farm itself, a hole will be punched for you in minutes. Many people like to play with altcoins and junk stocks, and feel that the gains are huge. The point is, the decline is also big! Bitcoin drops 10%, they can drop 90%. As a result, you are actually playing lonely, and the income you get in the end is the income. Before that, it was just a cloud. Therefore, the best, the best, the best, just play with one or two targets, and keep their rhythm steady. One wave is right, it is really enough for you to eat.

2. Pay attention to MACD

The most important thing to do weekly line is to grasp the trend. If there is no trend, if you buy according to the rhythm of the weekly or even monthly line, you will basically be trapped when you go in. Therefore, it is necessary to choose when the trend is established to intervene.

The 0 axis is a very good thing, commonly known as the dividing line between long and short. The weekly line is below the 0 axis, which means that the bears have an advantage, and most of the gains that come from it are rebounds or temptations. It is easy to be caught or deceived when you intervene at this time. Therefore, try to make a golden cross above the 0 axis.

Some would say that many starting points are below the 0 axis. Yes, the point is, how do you know if this is the beginning of a trend, or the relay of a bear market? In fact, whether you choose the weekly line or above the 0 axis, the essence is to add certainty to the transaction.

Ordinary people must trade in an environment with strong certainty, otherwise, they will make infinite mistakes. Everyone knows that the bottom of the 0 axis is extremely volatile...why bother?

3. Set selling rules

Taking Bitcoin as an example, after the real weekly trend appears, there are several important features:

1. Weekly RSI and MACD will not die;

2. The 5th and 10th weekly lines will not cross;

Therefore, when it is confirmed that this is a trend, buy it and don't move. Just take a look at the market opening every Monday, is the weekly RSI dead or not? 30% died. Is the weekly MACD dead? 30% died. 5. Did the 10-day line cross? 40% died.

If it is satisfied at the same time, it is over. If it is not satisfied at the same time, one item is satisfied. If you live again within two weeks after leaving, then buy it back, forget it if you don’t live, and don’t even look at it.

I am just setting a random rule here, but if you follow this random rule, the income will be better than watching and operating every day.

To sum up:

Don't make a small transaction if it can go big, especially for ordinary people. Because doing large-scale transactions can help you avoid human nature! remember! Human nature is insurmountable!

Just because you have chosen a large level does not mean that you can act randomly. It is very important to choose the target, the timing, and the selling rules. To put it bluntly, once you buy, you don't need to analyze it, it depends on whether the selling conditions are triggered or not. All the analysis should be put in advance, don't buy it and analyze it. The strategy is set to be implemented, not to be changed all the time!

Only doing weekly lines, the biggest advantage is stability!

First, if the market is determined to reverse, the action will be very slow (you have to wait for the weekly line to close), and second, the market yield is very impressive, with a wave of hundreds of points.

I would like to add that for a novice, or with a small amount of funds, whose annual income has not exceeded +10, it is boring to do the weekly line.

1. It is difficult to set a stop loss. For example, if you have 10,000 dollars of funds and the next 0.1, the stop loss must be at least 300 points or more. Of course, if you are lucky, sometimes you will find an order that enters the market within a 100-point stop loss and succeeds, but it is difficult to guarantee every time Such luck.

2. Time cost, the biggest cost is the time cost to expand the level cycle. Suppose you have 1 million dollars, use 5% of the capital (50,000 dollars) to make an order, open 50 lots, stop loss 100 points, according to the weekly wave of Europe and the United States The trend is about 500 points (2021-3-28 to 2021-5-30), the profit is 250,000 US dollars, 2 months.

If you are 0.01, it is 50 US dollars, which is also 2 months.

3. Risk cost. Smart traders must have thought of the method of small capital and large leverage. This kind of thinking is the same as compound interest. The final result will only be a liquidation, because the position is small and the risk is high, and a slight fluctuation in the account will top it Can't stop.

Who told you that the market must go according to your ideas? How many retracements in a weekly line, and how many retracements can your account bear?

The final conclusion is that novices are not recommended to do a big cycle. Do a good job in H4, and the monthly income is already very considerable.

If you have more spare funds, and then gradually expand your position, the income can not be said to buy a car or a house, but at least you can enjoy the three freedoms of food, clothing and travel.

Anyone who is greedy (always thinking about changing $100 to 30W), gambling (compounding interest on a small amount) and reckless (swiping credit cards, mortgaging real estate, and using all available funds to enter the market) basically has the same predictable result.

I don't know who said that the big cycle has a high winning rate and a large profit-loss ratio.

There is no statistical data at all, and I came up with a brainstorm.

I have done daily charts and intraday ultra-short charts.

Regardless of the cost, the large cycle is exactly the same as the small cycle.

If you count the cost, there must be an advantage in the big cycle.

As long as the cost is small enough and the order does not affect the market, professional traders will definitely choose to do ultra-short trading.

Time periods are tools.

The tool itself has only characteristics, and it is selected according to the user's situation.

Pursue efficiency in a short cycle: the amount of a single stop loss is small, there are many trigger opportunities, there are many false signals, and it is relatively busy.

When I first came into contact, one was to practice execution accuracy and speed. Of course, the more opportunities the better.

People are poor and short-sighted. When I just started trading, I felt pain even if I stopped the loss for one more jump. I did it for 1 minute, 3 minutes, and 5 minutes. I stopped the loss after one jump in the reverse direction. The loss control is indeed small, and the goal is not to lose money every day. You must keep an eye on the market during trading hours, even if you go to the toilet, you can earn some money, so can this kind of work last for a long time?

The long cycle itself means that the operator has certain requirements for the tolerance of stop loss, but the tolerance for full load of time and energy becomes worse. Just a little money and more ideas. At least there are more choices in terms of time, so this is not the advantage of the cycle itself, but the choice of the trader's mentality!

Whether you make money or not depends more on the trading strategy. The length of the cycle is the time to complete a set of strategies. Efficient ones are closer to the expected transaction results and have better stability. Low efficiency requires longer time to make the result close to the expected value, and the stability of taking a period of time will deviate greatly. This may be contrary to most people's belief that the longer the cycle, the better the stability, and it is easier to understand. Toss a coin 1,000 times a month, or toss 5 times a month, which result is more stable?

For example, with weekly signals, if a false signal appears once, and then a real signal is issued later to correct the curve, then the data during this period may not be very good. It takes a long time for the returns to match the expectations of the trading system.

Now I have a trading strategy with a cycle of 3-5 years. Start to build positions when the bear market accelerates to fall, and when the bull market rises and accelerates to end, no money will be withdrawn once during this period. So, do you think this kind of strategy is the advantage of cycle selection, or the advantage of investors' own funds and mentality?

I seldom use the weekly line in my current transactions. Although I am looking at the daily line, I know what kind of K-line will be closed on the weekly line, and it will not affect me in the middle and long-term.

In fact, the difference between daily and weekly trading is really not that big, and no one has an advantage over the other.

But if you want to ask me the difference between intraday short-term and daily K-band trading, then the difference between the two is very big!

How big is it? It is as big as the difference between stocks and futures!

I think the daily k-band has obvious advantages over the intraday. I only talk about the advantages of the daily k-band from my own point of view. What is an advantage to me may be a disadvantage to you.

For me, the Japanese k-band:

1. There is no need to consider the problem of fund accommodation.

2. It doesn't consume energy like short-term.

3. The commission is obviously much less.

4. Basically, there will be no situation where there is no good position in short-term trading, resulting in the failure to open an order. It is rare that there is no order in hand in the big market.

5. Because you have a list in your hand, you can enjoy the profits of the gap market.

Of course, short-term intraday trading also has its own advantages. I have also done intraday trading for many years. Without the tempering of intraday trading, I would not have the current understanding. But at this point, there is no doubt that intra-day trading is not as obvious as the daily k-band trend.

1. High success rate of the weekly line: This is correct, the larger the cycle, the more obvious the trend, the greater the confidence in betting on one side, the smaller the probability of reverse trading, and the higher the winning rate.

2. Large profit-loss ratio: Not necessarily, depending on the characteristics of the variety, such as corn, copper, soybean oil, etc., which are macroscopic varieties with a large cycle. In addition, the number of stop losses will also eat up part of the profit and loss ratio.

above……

1. The most obvious advantage is slowness. The advantage of slowness is that you don't need to react quickly.

1. The frequency of transactions is reduced, and the time for watching the market is also greatly reduced. Just look at the K-line chart once every Friday. The time-sharing chart and daily K-chart have nothing to do with you;

2. It can avoid small fluctuations in the general trend. Even if you use the relatively simple method of leaving the market at the moving average or the method of leaving the market at the lowest point in the sideways area, you can get the biggest upswing.

2. The most obvious shortcoming is slowness. The shortcoming of slowness is: lagging in response.

1. In the week when the trend ends, more profits may be eaten up before.

No matter how it is adjusted, it is inevitable to respond to small-level signals such as daily K.

2. If you make a mistake, the time cost is too high.

(1) Can't make money for a long time

Whether it is stock futures or foreign exchange, there are actually relatively few trend prices that actually show weekly K-level trends, and most of the time they are volatile.

In a market where the weekly K level is an obvious sideways market, and you can’t make a penny, if you use daily K to do it, you may have eaten several dials.

(2) Every time the stop loss is too large

For daily K-level people, a stop loss of more than 8% is considered very large, but assuming weekly K, no matter what stop loss method is used, 15% or 20% stop loss is hardly too common. It is determined by the fluctuation range of the K line, which is an objective reality.

With this stop loss range, if you are unlucky and you don't encounter a big market for a long time, you will lose too much blood and die.

The biggest advantage is that you can mix!

There are only 52 weeks in a year, and there are three or five transactions. It’s the Chinese New Year~

"Hey, continue to optimize the system next year, continue to stabilize your mentality, and continue to work hard"...

I recommend you to play year-end trading, you can place an order at any time, close your position before you die, win or lose for a lifetime, and you will never lose money!

The longer the cycle, the less susceptible to short-term fluctuations.

Many times, you can see that the weekly K-line is rising all the way, but if you look at the daily K-line, it may go up and down. Today it will rise sharply, and tomorrow it may fall sharply. Therefore, there is a short cycle such as the daily line. Too much uncertainty, too easily influenced by emotions.

Remember, the smaller the cycle, the harder it is to trade.

Like many stocks, it will rise in the long-term, but it may fall in a few days, so this is where the weekly line has an advantage over the daily line.

Weekly trading and daily trading, this is determined according to each trader's habit of trading system.

What suits you is the best, there is no so-called advantage.

The actual situation is that the larger the trading cycle, the larger the stop loss points will be. The advantage is that you don't have to care about short-term fluctuations.

I am an intraday trader, the maximum reference period is 4 hours, and I also look at the daily line.

The transaction level is related to the amount of funds and the way you operate.

The larger the level, the more stable the structure (time and space), but the lower the operation accuracy, most of the profits can be eaten, and the risk is relatively small.

The smaller the level, the unstable structure (time and space), but the higher the accuracy, the easier it is to obtain high profits, and the greater the risk.

If you do long-term large funds, you basically operate at the weekly level and above.

The level of short-term traders may be relatively small, and the requirements for operating level and market understanding are relatively high.

For most of us, it is a better choice to look at the weekly line and do the daily line.

There are three benefits.

The number of open positions is very small, and the transaction cost is extremely low.

The market has great energy and super high returns.

The margin of safety is large, and it is not easy to lose money and liquidate.

Doing the weekly level does not mean that it must be long-term, and must have a large retracement.

A really good buying point must be multi-cycle resonance.

What I am currently doing is the multi-variety weekly level market. The advantage is that it is very worry-free, and there is no need to keep an eye on the market, and sometimes it is done once every few weeks. Fees and slippage are negligible.

Since what we are doing is the weekly line, we must bear a large retracement, which is also a bargaining chip to win the big market. Whether you operate well or not depends entirely on your confidence in the trading system and trading cognition.

My right orders are usually held for 2 months to 2 years, and the profit is usually about 3-10 times, so I often encounter floating profits that more than double, and finally stop the loss and leave the market. My winning rate is very low , Stop loss is commonplace. But stop loss and execution will not have any impact, because I believe that as long as I execute consistently, it must be a positive expectation in the long run.

Of course, this confidence must be established based on enough historical backtest data and real offers, otherwise it is meaningless.

1. During the weekly rising period, the negative k of the daily rising line is reduced by four times, which can reduce your worries about gains and losses, and make analysis and judgment more accurate.

2. One month k is decomposed into 4 weekly k, and the change of monthly k can be monitored from the change of trading volume of each week k.

3. Less time to watch the market, suitable for people who work and invest.

There is no clear advantage. Although in terms of trend judgment, the weekly line will be more stable, but the reaction of the weekly line is too slow. If the weekly trend changes, the loss will be too great. The daily line is more flexible, and the support and pressure levels will be seen more clearly.

By doing weekly trading, your mind will be very peaceful, you will eat well, your body will be better, and your profit probability will be greatly increased

Compared with the daily K-line, the weekly K-line has the following advantages:

1. Higher accuracy.

2. Take a longer view.

3. The signal is clearer and the band is clearer.

4. The weekly K-line is also compatible with some of the advantages of the daily K-line.

The market at the weekly level must belong to the medium and long-term. The advantage of doing this kind of trend trading is very obvious, that is, it saves trouble. Maybe others need to keep an eye on the market every day, but friends who trade the trend, look at the market at the weekly level, just need to set it up Stop loss and wait patiently.

There is also the market at the weekly level, which can identify many false trends and false shocks, and can filter out many false markets. At this time, the list made will be more accurate

When doing weekly-level market, you must make a good layout. The trend market also cannot be full at one point. You must separate the positions. Whether it is rising or falling, you must set the exit position, stop loss, etc. according to your own trading system. .

Each has its own advantages, and I usually watch them in combination.

Some market conditions are due to the standard structure of the daily line, while others are due to the standard structure of the weekly line. If you look at these things too much, you will naturally find some clues.