What kind of system can accurately locate support resistance and trend when doing transactions?
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?
As a trader, how do you face doubts and denials from the outside world?
As a trader, do you often face various questions from the outside world? for example:Which one can you buy today? Why is it still not up? Is there any inside story?However, direct denial may make you feel more uncomfortable than doubt:How do you still look the same after all these years? Can you support your family?What's the difference between you and a gambler? These uncertain signals often make us fall into self-doubt. You start to re-examine yourself, but you ignore the depression of retracement in the trading process, the annoyance of selling off, and the pain of missing out. easy!Faced with these "stumbling blocks" on the road to trading, please tell me how to face or respond to them?
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
How to distinguish between "noise" and "signal" in the trading field, and extract truly valuable information?
The financial market is flooded with a lot of information all the time, how can we extract something of real value from this information?