Forex Trading Essay

Owner: 江州司马 Created: 07/15/2023

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Anti-order trading is so cool, resisting self-confidence

江州司马

Those who are good at stopping losses are newbies, and those who are good at resisting orders are masters. Reading Tips: It is forbidden for novices and traders who have no liquidation experience to resist orders. Please stop the loss passively. A gold empty order in June last year, resisted for 9 months, triggered a stop profit last week, and the book profit was 2%, which was actually a failure. There are many things that can be summed up in this transaction. Let me start with why we should res

If there are truths to trading, light positions are one of them

江州司马

If there are truths in trading, then light storage must be one of them. Traders must lower their profit expectations in exchange for a higher probability of winning. Therefore, light storage is not only a requirement for risk control, but also a requirement for profitability. Here is a more important question, that is, how low should the profit expectation be? Obviously it can't be too low. To find out, I'm running a 24-month experiment. At the beginning, I tried to make a profit every month, wi

Stop loss strategy - re-understand stop loss

江州司马

A large number of traders have shallow or wrong understanding of stop loss. It is not clear what stop loss is, nor the purpose and method of stop loss. 1. What is stop loss? How to treat? Stop loss is a failure to make the loss of account funds a reality. The action of stop loss is to determine the uncertain failure as a failure, so that the total amount of funds in the account will be reduced, and the risk tolerance will be reduced. Stop loss is the enemy of trading, and we should establish the

The four necessary mentalities to do a good job in trading

江州司马

I am a trading enthusiast, and I hope that no one will liquidate their positions in this market. 1. Long-term mentality There are a lot of people here who want to get rich overnight. First of all, I advise these people to give up this idea. As a small trading enthusiast, my position is consistent with yours, and I hope to get your support. As a practical science, trading requires long-term thinking, formulating long-term and short-term goals, and constantly adjusting to complete them. If you do

How do traders use the double Bollinger indicators to speak morally?

小富的方圆几里

Say up front: Any trading system is risky! No one can guarantee that their trading system will never lose money, the Holy Grail is always an ideal state. Friends who are new to the foreign exchange market must recognize this essence, otherwise there is a high probability that they will be fooled by some so-called ultra-precise systems! Back to topic: Bollinger Guidance should be familiar to everyone, and it is also one of the indicators that many traders like to use very much. I believe everyone

How to formulate trading goals scientifically and find your own trading "root point"

江州司马

Everything is forewarned and there is a clear and reasonable trading goal, which has very important guiding significance for carrying out trading practice activities. Whether the goal is appropriate or not directly determines the success or failure of the transaction. The formulation of trading strategies should be goal-oriented and stage-by-stage management. The setting of transaction goals should be specific and achievable. Pursuing vague or unrealistic goals will lead to uncontrollable action

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