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Naked K, also known as price action trading. Technically, it mainly analyzes the K-line signal, shape, support/pressure, and price movement speed. It is necessary to subjectively judge whether the price is in a trend or in a shock, so as to adopt different strategies.
Therefore, real naked Krs will not advocate "the theory that indicators are useless". Because even naked K still needs the help of tools (not indicators, but tools). Those who advocate the theory that indicators are useless, I say arrogantly, have only learned the bare bones.
The price action trading method is a subjective trading method, and the risks and benefits are largely determined by the individual's level and status. Unlike mechanical trading systems, signals and trading methods are clearly regulated. For most traders, mechanical systems trading has a greater probability of success than price action trading.
Moreover, naked K can actually use indicators, of course, it can also not be used, this depends entirely on personal preference. But there is one point, the priority of the K line is higher than the indicator. Because other indicators are also based on the K-line and the relationship between volume and price, this is the essence.
The essence is understood, and other bells and whistles are unnecessary.
All trading methods do not have the function of accurately predicting the future, but are based on the past to make the best solution in the present. Different routes lead to the same goal, as long as the profit-loss ratio and winning rate are appropriate, there is no one method is better, only one method is more suitable for your own problems.
Now let me use RSI technology to trade, and I can also make a profit. Using Fibonacci, I can also know the most likely direction of future prices and the opportunity to enter the market. Naked K is just useful priority, not exclusive, which is very important.
In the world of trading, you will see that some people speculate on orders, some look at time-sharing charts, some use moving averages, some only look at handicap, some rely on fundamental analysis, some use naked K, some use trend lines, and some only look at Numbers... The Eight Immortals cross the sea each show their supernatural powers. There is no distinction between high and low in all these techniques. Each has its own strengths and weaknesses. And naked K is just one of the technical tools, don't think too mysteriously, and don't think it's too grand.
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Last updated: 08/11/2023 04:40
I think the topic owner underestimated himself. In fact, not all people are suitable for naked K, and many people did not start naked K.
I don’t like to use naked K, it’s very brain-intensive to see through the naked K, after a small band is completed, the next band is gradually deduced and planned from the large and small cycles, which is very brain-intensive. Just like playing leveling up and playing mahjong, I don’t know if you have this kind of experience, from A, K... 3, 2, king, you have to remember this series of cards, how many cards are played for each card, and how many cards are played? How many cards are left, and whose hand is this card played from? Moreover, it is necessary to constantly deduce who owns the remaining few big cards. More importantly, each card must be In this way, even you have to keep saying some irony to confuse the other party. At the poker table, not only IQ is tested, but emotional intelligence is even more tested.
The philosophy of trading comes from life, and the principles of life are reflected in the trading itself. This is similar to the usage of naked K, tired. Therefore, generally speaking, those who do naked K operations will have relatively few varieties, or the mode is very single, otherwise. The reasoning is similar.
Going back to the transaction itself, is it impossible to understand all the analysis from the beginning? It is also impossible that there is no moving average or indicators. If there is no reference in any direction, then after each K line is closed, it must be deduced repeatedly to plan the future market trend. Then this will be very tiring, so don't worship the so-called naked K. I can use a moving average to refer to a good direction, a combination of moving averages can understand market signals, and an indicator can see through reversals, so why should I care so much which method the market uses? Those who make money are the real skills, all roads lead to Rome, the earth is round, and you can go east or west to your destination.
After the technology reaches a certain level, it will gradually change from complex to simple. This is also a process for a trader. After the disk is simplified, he is basically destined to be a survivor who has survived in the market for many years. So we will see that the naked K is awesome, but it is actually the remaining "elite". Don't look at things with a survivor biased mindset . I don't like naked K, things that can be solved with moving averages, why bother to look at the waves.
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Last updated: 08/06/2023 05:05
Questioner, let me ask you, what is the essence of a transaction?
The essence of trading is nothing more than buying and selling! And between buying and selling, it is all based on price! This price is recorded and becomes a K-line chart (of course, the European and American side is the American line, so I won’t say much about this)!
K-line chart This kind of chart comes from Japan, which is a strip of water away from us. It was used by merchants in the Japanese rice market to record the market and price fluctuations of the rice market in the Tokugawa shogunate era. It was later introduced to Japan because of its delicate and unique marking method. stock market and futures market.
Numerous K-lines are superimposed to form a variety of areas or shapes on the graph, and different shapes show different meanings, such as reversal patterns, finishing patterns and gaps, etc., and the naked K is based on these. Trading.
In this sense, the K-line itself is actually a price indicator, and it is the most original price indicator! And those who only look at naked K, although they say they don’t use indicators, are actually using indicators, so they themselves belong to the school of technical indicators.
Of course, although naked Krs also belong to the technical school, they are still a little different from general indicators.
The so-called technical index analysis refers to a quantitative analysis method for judging price trends based on certain mathematical statistical methods and using some complex calculation formulas. Since these technical indicators often require the support of certain computer software, in the early days of the technical school, when computer software was not yet popular, people used more naked K analysis; The explosion of technical indicators. However, the excessive proliferation of technical indicators deviates from the original intention of technical analysis. Some technical masters began to simplify the complexity, remove those indicators, and only look at the K line itself, which has achieved the current naked K school!
Therefore, from naked K to technical indicators and then to naked K, there is a feeling of "the mountain is a mountain, the mountain is not a mountain, and the mountain is still a mountain". Generally speaking, those who can finally enter the realm of naked K are basically masters of technical analysis, and their realm is far higher than those who are using technical indicators. That's the difference between them.
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Last updated: 08/12/2023 09:13