As a "trader", what trading discipline do you have to restrain yourself?
Do you guys have any good suggestions to save novice Huiyou like me from taking some detours?
How to distinguish between shocks and trends?
A Huiyou told me: Look at the weekly chart more. I went to see it and found it still a bit vague, so I beg you to explain it to me in detail! Or is there any other way to judge? I no longer want to hear the analysts in the group say: Now follow the trend and make orders! It is now in a range shock, do more on dips! Novices are really distressed, I hope all Hui friends will not laugh at me and talk about me.
How do you handle when you're in the "wrong trade"?
I heard from trading masters that transactions are divided into correct transactions and incorrect transactions. Profit orders may be wrong transactions, and loss orders may also be correct transactions. How do you define "wrong trade"? What is the most impressive mistake you made? What kind of result? What enlightenment did it have on your subsequent orders? I hope you guys can share it, thank you!
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?