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.
As far as I know, many master traders will rely more on the sense of the market, how to cultivate this feeling?
What kind of system can accurately locate support resistance and trend when doing transactions?
Winning ratio and profit-loss ratio, which one do you value more?
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?