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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]
Winning ratio and profit-loss ratio, which one do you value more?
Which trading cycle is suitable for newcomers?
Before asking the question, I searched related questions, and everyone said that it is suitable for you. But for those of us who are just learning to trade, we don't know what is suitable for us. Asking this question is to find an entry point. Is there a trading cycle that everyone agrees is more suitable for novices, so that I can try this cycle first to see if it is suitable, and if it is not suitable, I will change it. Please also answer the big guys, thank you.
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.
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!
