What cognitive biases do we have to overcome?
What do you do when technicals and fundamentals collide?
When almost every trader enters the foreign exchange market, he will learn technology, establish his own trading system, open orders according to his own trading system, and wait if he does not have one. After thorough research, most traders are dissatisfied with only relying on the information given by the technical side, but will refer to the larger fundamentals to make orders.Of course, I am no exception, so sometimes, when I analyze the market of a certain product and prepare to place an order, the problem arises. According to the fundamental analysis, the price should fall at this time and can be shorted; but according to the trading system, There is a great chance that you can make a lot of money and achieve your own small goals by doing long positions with heavy positions. Do you feel confused when faced with this technical and fundamental conflict? what will you do
I have had a few positions liquidated recently, but fortunately the losses were not very large. I would like to ask everyone, is there any way to prevent liquidation? Is there any trading discipline?
Everyone talks about whether the news is bullish or bearish. Why does the market still go in the opposite direction?
How to solve the conversion between large cycle and small cycle?