I have been unable to set the stop loss in the transaction, how can I do a good stop loss?
Profitable & consistent daytraders, how much did you lose before making it?
Curious to know how my fellow traders are doing out there What is your personal amount/story?
What logic, common sense, theory or philosophy is your trading system based on?
Any long-term trader will inevitably form his own relatively stable "trading concept". From the beginning of contact with the financial market (stocks, futures, foreign exchange) to the later relatively stable and mature stage, it must also be in line with some of the basic ideas he recognizes. Common sense and theory are related to philosophy. For example, from the perspective of the law of the development of things, things must be reversed when they are extremely extreme. From the perspective of human nature, herd mentality, unconventionalism, breaking the old and creating the new. There are also the law of the jungle and the law of the jungle from the perspective of the natural world. I would like to discuss the establishment of the trading system with you. You can share it and learn from each other.
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.
Why do some people want to call orders? If he can make money by trading, is he still using it to call orders?
What do you think about this question?What do you think?