What conditions are needed to achieve stable profitability?
There are 3 major elements of stable and profitable trading: 1. Stable system 2. Stable execution 3. Stable mentality. The three elements of profitability complement each other and influence each other.A good system guides good execution, good execution brings good results, good results bring good mood, and good mood will in turn promote execution. But having said that, any mature trading system, including the original system, can only solve the first basic element. And stable execution and stable mentality cannot be solved by any system itself. A system is only a method of trading, not the result of trading. To form a profitable state of sustainable operation, not only the system is needed, but also one's own trading quality. Without any one piece, the wheel of profitability cannot move forward.
In the face of sudden black swans, how should we deal with the risks in transactions?
There are many sudden changes in the foreign exchange market that will make people unprepared. For example, when I was facing a black swan before, I still wanted to carry the order and did not want to stop the loss, but there are many risks, such as the risk of jumping high and low overnight. Excuse me How is everyone coping?
How to solve the conversion between large cycle and small cycle?
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]
Why gold has always been a top choice for investors
Firstly, gold is considered a safe haven asset, meaning it retains its value even during economic uncertainties. It has a long-standing reputation as a store of wealth, dating back thousands of years. Secondly, gold has a limited supply, making it a scarce resource. This scarcity gives it intrinsic value.