Discussions among the group Jiaoyi Golden Eagle Exchange Circle

Confucius and the perception of trading

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Confucius was a great thinker, statesman, and educator in ancient China, and was even revered as a sage of Confucius by later generations. His thoughts had a profound impact on China and the world. Today, more than two thousand years later, we can still be inspired and inspired by his thoughts. The origin of the modern financial industry is only about 400 years since Amsterdam built the world's first stock exchange in 1611. For traders in the modern financial market, we can learn from the two W

Have you done all the addition and subtraction of transactions?

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The charm of wealth in the financial market tempts you, me, and countless people with dreams to come and go. When we first entered the market to do transactions, our understanding of the market was relatively one-sided, but we were all full of confidence; then after bumping into walls one after another, our confidence gradually disintegrated, and only then did we understand that trading is not easy , realizing that it is necessary to learn. Then, we started a crazy way of learning. We had conta

Is it really impossible to have a high winning rate and a high profit-loss ratio at the same time?

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Each of us comes to the financial market to trade, it can be said that it is to make money.When they first entered the market, they were full of longing, hoping to make a lot of money by relying on their ingenuity. However, after a year or two, I realized that it was not so easy to make money here after I fell down and got bruised and swollen. I gradually realized that if I want to make money here, it is impossible to trade based on our feelings and preferences. Need to build a trading system. T

If you want to make a stable profit, start with making high-quality transaction records

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Do you often encounter situations like this: When you see certain patterns appearing on the chart, enter the market immediately, because it was profitable to enter the market in this situation before, so you can't miss the opportunity. But something is wrong today. After you enter the market to go long, the market starts to fall. You are a little surprised, but you still think that it will definitely rise, you can’t be wrong! But the more you want to go up, the more it goes down, the market s

How to do trend trading?

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We all know that the market price evolves in a trend way , which is also very intuitive and clear at a glance. If we can capture the trend well, we can undoubtedly obtain higher profits. In the previous article "How to build a reliable trend trading system? ", I have already talked with you about the framework of trend trading- potential, position, and state ; and trend is the most important component, and it is also the basis of the concept of trend trading. But how do we judge the trend? In o

How to build a reliable trend trading system?

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Everyone often talks about the trading system, saying that you have to wait for the trading system to give an entry signal to enter the market, or to exit the market after a dangerous signal is given, and so on. So what exactly is a trading system? The trading system is the product of systematic trading thinking and a code of conduct for trading. What does that mean? That is to say, when we just entered the financial market, we only realized the parts of the market. With the continuous accumula

If you choose to trade for a living, you choose to drink with loneliness for a lifetime!

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For the old traders who have struggled in the financial market for many years, I believe that most people often feel lonely, because they have experienced too much pain and struggle wandering between heaven and hell alone... When losing money, Licking the wound alone, tears flowed into my heart; when making money, I would not be too excited, at most it would be "raise a glass to invite the bright moon, and the shadows will become three people", because they know that these are the results of th

Advanced Trading: Only by combining large and small cycles can we evolve and leap forward!

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Under China's existing stock market system, only in a bull market can stockholders have a higher possibility of making profits; therefore, when the bull market comes, one must follow the trend. This is not only the case in the stock market, in fact, in any financial market, we must also trade with the trend, so that our trading will have a higher winning rate and bring more profits. However, when we talk about trading with the trend, which trend should we follow? For example, two traders are ex

"No one can make a stable profit, and any system will fail"?

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I often hear a lot of people say: no one can make stable profits in trading, only survive temporarily, and any system will fail! Is that really the case? This depends on the length of time. If we look at the length of hundreds of years, we don’t know what the future will look like. Will artificial intelligence self-learning transactions replace human transactions? If replaced, it's not surprising that any system in place today will fail in the future, it's just an unknown. What if we look at th

It's too difficult... What should I do if the transaction encounters a bottleneck?

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Do you also have this kind of experience, when you encounter a bottleneck in the transaction, no matter what you do, you will always be wrong, or you will always be more wrong than right; obviously you are using the same method as before, which was very effective before, but this time it just doesn’t work The effect, or the effect is very poor..... Every trader will encounter bottlenecks, and they will encounter different bottlenecks in different trading stages. When we encounter bottlenecks, w

Which is better, trading left or right?

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We often hear some veteran traders say that trading on the right side is safer and more reliable; but we also hear others say that trading on the left side is actually more profitable and more suitable for intervention. So what is going on? How do we choose? To make a wise choice, we must first figure out what is left-hand trading and what is right-hand trading? First of all, we have to talk about the trend, because the left and right trading is inseparable from the trend, and it is also aimed

Trading rules are the real magic weapon for you to cross the market

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I have a friend who has been trading in the foreign exchange market for almost a year and lost some money. Once I saw him trade, he went long and then went short, and then went short again, over and over again, earning less and losing more, and then asked him: "You are short for a while, long for a while, 0.3 lots for a while, and 0.1 lots for a while. , 0.5 lots in a while, what are your trading rules?" He replied: "I am not a trader in an institution, what rules do I need?"... In fact, many t

What is the core nature of the transaction?

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For friends who do transactions, they often think or talk about a question, that is, what is the core essence of transactions? Some people say that it is to take advantage of the trend and light positions; some people say that it is to follow the intrinsic value; some people say that it is to break through the range and enter the market... What they said is correct, but these are only at the level of methodology, not the essence. The core essence of trading is the game spread. Why do you say th

Daily short-term speculation, when will you be able to make a stable profit?

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Most traders who just entered the gold foreign exchange market are doing short-term intraday trading. On the one hand, the gold foreign exchange market fluctuates greatly, and the profit and loss are also very large, which can easily affect the nerves of traders, so they are unwilling to hold positions for a long time. Try to make a quick decision; on the other hand, because of the high volatility, the risk is also very high. In order to avoid risks, I dare not hold positions overnight. Therefo

Do you really love trading?

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I believe that every trader enters the financial market to make money, but after a few years of trading, you will gradually find that the more you want to make money, the less money you can make, and the more you lose money... After a long time, you will also find that traders are a group of very distinctive groups. They sometimes sigh, sometimes dance with joy, sometimes beat their chests and feet, sometimes think silently, sometimes look at everything, and sometimes despair... The root cause o

If luck can make money, what else do you need technology for?

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Do you think luck is important in trading? If it matters, how important is it? If not important, what is most important? As the saying goes, " It is up to people to plan things, but it is up to God to make things happen." To succeed in one thing, more or less luck is needed. Many things that fail to succeed and fail in the end are also likely to be caused by bad luck. Therefore, most people agree that it takes some luck to succeed in doing things. This of course also includes transactions. When

Stop loss is the bait you use to fish in the financial market

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Today I will talk to you about the cliché topic of stop loss. The reason why I want to talk about this topic is that I found that many foreign exchange friends do not attach importance to stop loss, or do not understand its importance. We often see that after a transaction has a loss and stops the loss, the market develops in the direction we expected before. If there is no stop loss before, not only will not lose money but also make money, so many people are unwilling to stop the loss. Think t