If you are wrong, stop loss; if you are right, hold on; make small losses and big profits; make big profits and losses. Specific to each core link: Follow the trend: find a moving average to simply divide the long and short positions, only go long above it and only go short below it.
Open a position, test a position: follow the trend, follow the major trend and go against the minor trend. When entering the market, you must consider the potential profit and loss ratio that is large enough. That is, if you enter the market at this position, if you are wrong, the stop loss is very small, but if you are right, the profit is huge. This is usually the bottom of the trend or the early stage of the trend.
Open a position and stop loss: If the key point is broken, you must stop loss and don’t take any chances. If the price goes back up, you can find another opportunity to enter the market. Don’t take any chances and think that you can rebound by holding on, and don’t try to spread out your losses.
Adding positions: Adding positions with floating profits is the key to making big money. When the price rises as expected and then falls back, add positions at the support level to stop the decline or break through the previous high, following the general trend and going against the small trend. After adding positions, you must set a stop loss point and move to a new key point. The bottom position is already safe, and only the stop loss risk of the added position remains.
If it fails, stop loss and add positions, and wait for the next opportunity. If it continues to rise, hold the position firmly, continue to wait for callbacks to add positions, and continue to move the stop loss. Until the last move is stopped or the head signal appears to stop profit.
Take profit: Don't take profit easily at any time. This is the key to making big money. You can exit in batches or all at once. It is best to do it all at once because you can require yourself to wait for the head signal with the highest probability.
If it is a right-side transaction, the floating profit will definitely be withdrawn, and you must accept it in your heart. Don't think about selling at the highest point, or think that if you don't sell at the highest point, you will feel that you have lost money and have to wait for the highest point to sell. As long as you can master and follow these principles in practice and maintain discipline and consistency, you will find that making money is a natural thing.
