Huihu once had a very popular question [more than 90% of the foreign exchange market is losing money, why don't you give up?], many Huihu friends believe that the main reason is that traders believe in the established rules.
In particular, there is a set of theories that "traders must learn and do" circulating in the market. This set of theories seems to be very reasonable, but there are quite a lot of loopholes when carefully analyzed.
The old man has collected the opinions of 8 foreign exchange friends to see if you have fallen into these trading "formulas"?
"There must be a stop loss. 』
Huiyou 1: This sentence is like a constitution that stipulates every trader. Is it so important? Stop loss is possible, the key is that you have to be able to stop loss, stop loss is set up in order to prevent sudden risks when you can make orders and achieve profits, imagine that you are a trader who does not know the general direction, only How to set a stop loss for a person who looks at the 5-minute chart to make an order and runs away after making a profit of 20-30 points? Is the stop loss also set at 20-30 points? Almost every market start has a reverse action, which makes many friends slapped on both sides. In addition, the funds of novices are often less than 10,000 U.S. dollars. This amount of money is quickly exhausted in this turbulent market, and most of the losses are stopped. It is not impossible to set a stop loss. But you must know why and how to set a stop loss. If you set a stop loss at least at the stage high, 50 points away from the stage low, or even 200 points, then how much is your profit point? Do you run at 30-50 o'clock? It's just that the stop loss item is multiple dialectics, and the knowledge and practice inside can't be figured out without any brainpower.
"To make orders, you must do short-term, ultra-short-term. 』
Huiyou 2: Friends often complain that every time you enter the market, it is a torment, and you are in torment every day. Are you addicted? Is the little money you earn worth your mental and physical exhaustion? Even if you want to do short-term, you also need to know the general direction, the middle direction in the general direction, and the small direction in the middle direction. For a group of small ants, seeing an elephant walk by each ant's feelings and descriptions are not the same, and they are not comprehensive. If you drive on an unsigned road and try to reach your goal based on blind guesses, what will be the result. If you look down from a helicopter, do you know it clearly? Struggling, fighting, and regretting every day. This has nothing to do with your skills. Many friends have never opened the weekly chart or monthly chart from the beginning of trading until they exit. The biggest cycle is to look at the hourly chart. If you want to make money, it is simply a fantasy.
"Don't do it on Monday if there is no market, don't do it on Friday when it's too weird, don't hold overnight orders, let alone next week's orders. 』
Huiyou 3: This is due to the inevitable choice of short-term and ultra-short-term, which wastes a lot of time, and the time utilization rate is only 20%-30%.
"Analyze financial news every day. 』
Huiyou 4: Can you analyze it clearly? Half of the news is news that deceives you with ulterior motives, and the other half of the news is after reading the K-line chart. In order to match the K-line chart, it is compiled after the fact. When you are afraid, you overturn your correct judgment. No matter how big the news is, it is just a drop in the ocean for the general trend. It doesn't matter if the yen lowers interest rates or the US dollar raises interest rates.
"Get out of the market when you make some money, don't be jealous of the market in the future, make less money and have a good attitude. 』
Huiyou 5: It’s good to make a lot of money with a mentality, and it’s a good mentality to make a lot of capital. Why lie to yourself, is it a bad mentality to make more money?
『Self-study technology, study MACD, moving average, golden cross, dead cross, wave theory. 』
Huiyou 6: It’s not that these indicators are deceiving, it’s that you don’t know how to read them at all. These things come out, lag behind, and are dialectical. Different market conditions depend on different levels and time periods. It will be invalid at other time periods, or even in the opposite direction. These things will not make you money.
『Only direct trading, not cross trading. 』
Huiyou 7: The reason is that cross trading is too risky, which is a joke. The biggest charm of this investment is the return in risk. Of course, if you let ordinary people fly airplanes, the risk is high, not big, but death. But you let the pilot drive it?
"Xiao Cang, small order, only use 1% of the capital to make it. 』
Huiyou 8: That’s wrong. Funds must be fully utilized, but insurance must also be used. How to fully utilize them is to use trading rules and make full use of trading rules.
From the avenue to the simplicity, foreign exchange speculation is a metaphysics, which can be said to be both profound and simple.
If you disagree with the above opinions collected by the old man, please comment to express your views. In addition, do other Huiyou have a trading "formula" that they do not recognize? Everyone can communicate with each other~
I hope that this article can make the trading novice "let himself go" reasonably, and inspire the masters to "extremely long play"!
Kind tips:
From Sunday (March 29), many European countries began to implement daylight saving time until October 25, and the trading hours of European financial markets were advanced one hour.
Daylight saving time: open at 5:00 am on Monday to close at 5:00 am on Saturday,
Beijing time Winter time: open at 6:00 am on Monday, Beijing time and close at 6:00 am on Saturday