How to distinguish between shocks and trends?
A Huiyou told me: Look at the weekly chart more. I went to see it and found it still a bit vague, so I beg you to explain it to me in detail! Or is there any other way to judge? I no longer want to hear the analysts in the group say: Now follow the trend and make orders! It is now in a range shock, do more on dips! Novices are really distressed, I hope all Hui friends will not laugh at me and talk about me.
"What's your morning routine like?
My morning routine is really important to me. I feel much calmer when I follow it compared to just waking up and going straight to work.Here's what I do:- From 7 to 7:30 AM, I wake up, tidy up my place a bit.- At 8 AM, I take a shower and get ready.- Around 8:15 AM, I read my positive affirmations and gratitude list.- Then, at 8:30 AM, I check the stock market and make a plan for the day.- At 9 AM, I meditate for 10-20 minutes.- By 9:30 AM, I start trading.How about your morning routine?"
Which is of greater significance and simplicity for you: a High Risk-Reward Ratio (RR) or a High Win Rate?
For me, achieving a high Risk-Reward Ratio takes a considerable amount of time and necessitates a lot of patience. It's led to instances where I've experienced substantial losses. This has led me to contemplate whether lowering my RR might result in a significantly improved win rate. What's your experience with this? I'm curious to hear your thoughts.Looking forward to your responses! 🙏🏼
My usual trading system continues to fail, what should I do?
If a trading system built by myself often fails and causes losses, should I abandon this system and replace it with another one? Is there a stable and profitable trading system?
What is your most recommended technical indicator single product/combination pack?
Recently, "live delivery of goods" has been hotly discussed by the whole people, but it seems that no one has brought goods in the foreign exchange market! Today, the topic of "I am a trade delivery person" is launched, and all Hui friends are invited to bring goods! Today's delivery topic is:[What is your most recommended trading technical indicator single product/package? 】Since it is bringing goods, it must be clear about "what to bring", "why it is", "what advantages it has", and "how it should be done" in order to successfully bring goods!Although the indicator has a lag, it is indeed a powerful tool to assist us in analyzing the market. There are so many indicators on the market, which one or which combination is the best to use? Come and recommend it! We are traders, we bring goods for transactions! ![Image]