Recently, I found a problem with students, that is, they are not particularly clear about the transactions they make. Although the entry is strictly executed according to their own entry signals, they are dizzy after each transaction and cannot fully understand their positions. meaning of the order.
Today I will tell you about what you do for each order when you make a transaction.
1. "Locking order" The
"locking order" mentioned here is not the traditional loss-locking order! What we want to say here is that there may be contradictions between large-cycle trend orders and small-cycle trend orders. When we do transactions, we will encounter a so-called major trend turning point. Of course it is impossible for us to miss this opportunity.
When we successfully get in the car, we will give this order a clear function, that is, to make a long-term trend order, and we will not be able to enter the market until the exit signal given by our trading system appears. But in this long-term trading, there will be many entry signals that are opposite to the general trend. At this time, the trend of small-cycle orders begins. Therefore, there will be the "lock-in" transaction we mentioned at the beginning.
This floating profit "lock-in" trading method is not recommended for novices to try, because there are too many cycle switches, and novices are easily confused. Another point is my advice to everyone! If you lose money due to your own trading mistakes, don't lock the position, and cut the position as soon as possible when the loss is not serious, and don't think you can unlock it! ! !
Let me show you a few
2. Orders to increase and decrease positions
In the process of trading, all of us will experience the operation of adding and reducing positions, but I have recently noticed that many people forget what the order is for after adding positions. When he finally played, he played with a large loss. If this is the case, then what he added was not a benefit but a bomb.
In your trading system, you must clearly set aside a reasonable position management and an exit signal target for your position increase and decrease. Because the transaction of increasing the position is like your new order transaction has nothing to do with the previous bottom position, but most of them will enter the market more aggressively because of psychological factors.
Here we need to mention the relationship between transaction accuracy and frequency. The accuracy rate is a parameter value that comes out at a certain frequency, and the frequency will also affect your trading results. It varies from person to person, and because each person's system is different, results can vary greatly. Here we just simply add a sentence, we will discuss the specific relationship another day, just to let traders know that this is the case.
In fact, today we just briefly talk about the usefulness of each order, and the most important thing is to remind traders who are new to the industry not to lock their positions! (Friends who like technology, you can leave your thoughts below the comments and look forward to communicating with you)
Add
