What is the disk made of? ——The market is constantly quoting, and the opening price, closing price, highest price, and lowest price form different k-lines on the disk. We can see that the candle chart formed in each cycle is formed by the aggregation of the opening and closing of its smaller units. Then someone will ask? What period should I choose for trading, and what time period will it be more stable and accurate for me to trade? ——The answer is actually very simple. According to each of your traders' trading techniques, trading strategies, and trading mentality, there will be such different results. There is no clear definition for this, I can only say that it is enough to find the trading variety and time period that suit you.
In our mouth, transactions are divided into high-frequency short-term, short-term, mid-term and long-term transactions according to different cycles.
High-frequency short-term - among the traders I have met, most of them use programmatic trading, that is, EA. A friend I know does high-frequency trading within a 1-minute period. When entering the market, he basically opens n orders at the same time with a position of 0.0 or so. Automatically bring a small stop profit and a very large stop loss. Their stop profit is basically within 10 points, and the stop loss and stop loss are not purely related to the profit-loss ratio. Every time we chat, he will only say that the winning rate is what they require for high-frequency and short-term. Basically a loss, as long as the winning rate is high, the final result must be profitable.
But I don’t recommend that everyone learn to trade like this. The gap between us and him is not because of how amazing his EA is, and no such person will have an iron-like risk control team behind him. It can be said that he trades every day. There are strict standards for the number of entry orders, profit points, loss points, trading varieties, and operating funds. After reaching the standard, he will not be able to trade even if he wants to trade. In this way, his losses will have a certain range, so the distance between liquidation and him will be relatively far away. But some people will say that those who trade with EA will be liquidated, but what I want to say is that the reason for the liquidation is with the individual trader. EA is just an excuse for him (I use manual trading, not EA, because I am used to And I have time to do it manually. Another important reason is that my risk control is myself, and I don’t have that kind of huge and powerful risk control team.)
Short-term trading - how short is short-term in your understanding? I don't think there will be a clear standard for this. We can only say that the short-term cycle has 5 minutes, 15 minutes, and 30 minutes... because most traders basically use these cycles for intraday short-term, then we follow The big trend simply defines a short-term transaction.
In fact, there have always been contradictions about short-term trading. Some people say that novices who have just entered the market should do 1-minute or 5-minute trading, because this will allow you to quickly understand market fluctuations and let you feel changes in momentum. . What I want to say is, what is the purpose of the teacher who asked you to do this? Is it really to let you feel the momentum of the market, or is it for your short-term swiping orders, so that he can safely and steadily do the commission for the number of lots?
Let me talk about my own opinion. First of all, you have just entered the market, and the momentum you feel may not be correct. On the contrary, you may paralyze your future trading system because of this habit. The first thing to consider when entering the market is risk, and we must try our best to reduce risk, instead of continuously activating risk in the short-term within the day. You are the winner only if you survive the market, instead of constantly provoking, the waiting is long, and the trading is waiting for your entry signal, instead of you constantly entering the market to test your trading entry position. Most of the short-term traders are professional traders, because they have to cooperate with the combination of long-term and short-term, and have daily income. The long-term is like dividends at the end of the year. But don't get me wrong, they have been doing it for a long time, and they only conduct short-term trading when they have certain control over the market. Most of them start with the big cycle first, and then switch from the big cycle to the small cycle to make short-term profits after getting familiar with the attributes of the variety. Another thing is that the short-term momentum changes that novices understand are not accurate. Only after you have a certain trading experience, you will find that when a certain k-line in a large cycle is rising rapidly, you can find a better entry in a small cycle Position, let you eat this wave of fast market. This requires you to find the answer according to your own trading system, because our trading models are different, so the entry and exit methods are also different.
Midline trading - I think this midline cycle is rather embarrassing, every time I chat with others. Ask each of them what cycle they are in, and everyone will say a combination of short and mid-term, and a combination of medium and long-term. It seems that this midline cycle is a transitional function that connects the previous and the next. But if you want to get the middle line from the short-term line, it is not suitable for all traders to get the long-term line from the middle line.
Most of the middle-line traders I met are basically doing 4H and D charts. I classify this group of people into two categories. The first part is that they have stable jobs, and trading is a hobby or sideline. Because they have their own main job, they can only choose this cycle to do transactions, because 4H receiving a line does not delay other work. The other department is my friends who are institutional traders (the following is not a domestic structure, but what a friend of mine does in an American institution), most of their time is spent reviewing and doing technical analysis , while doing transactions in their company, it is not the trader who is responsible for placing the order, but their transaction manager. The trading manager will divide them into two groups for technical analysis and fundamental analysis, and then give their long and short suggestions during the meeting. Finally, the trading manager is responsible for placing orders. They are like signal strategies division, and their boss is like an experienced orderer. Midline trading is basically very stable, because when the cycle is large, the market will be very stable. In addition to the data market, when they enter the market, they will set a time for their own exit, and during this period, all sudden data market needs The coping strategies must be written down, and multiple sets of strategies are made to respond to the market.
Long-Term Trading - When it comes to long-term trading, I shudder. I quite admire the strength of long-term trading as stable as Mount Tai, and a single order has been held for a year and a half. When it comes to long-term trading, the period of viewing is relatively large. Basically, it is the sky chart, weekly chart and monthly chart (in fact, it is very rare to look at the monthly chart for long-term trading. There are only 12 months in a year, and there is no effective history. data as a basis). When entering the market, the stop loss is several hundred points. There are still relatively few retail investors making such orders, or their positions are particularly small. However, non-fundamental traders who do long-term trading are none other than traders. Most traders who study fundamentals like to do long-term trading, because it is based on the national conditions of each country. The economy and the market will have a cycle, and generally this cycle is particularly large, so they are very suitable for long-term. They will not let go of some data indicators such as non-farm payrolls, cpi, etc. every month, because this may be a good opportunity for them to enter the market.
After talking about these types of trading cycles, I believe you must know what cycle you want to do. It cannot be denied that you are not doing well. It is the best that suits you. Going back to the above sentence, everyone is different, so why ask for it? agree? If it is consistent, the market will not move.
Add
