Almost every trader has experienced a margin call, and I myself was once a big loser in that regard. Many friends have also told me about the fear that comes after a margin call, which takes a long ti...
Holding onto profitable trades is almost a universal challenge for all traders. Compared to identifying the right direction and finding the right entry point, holding onto a profitable order seems to ...
Someone previously asked about my asset allocation. Apart from some fixed assets, all of my liquid funds are now invested in financial management and speculative trading.20% of my funds are placed in ...
This question is truly concise and to the point, with a clear purpose; it's a good question ^_^. I've made so many mistakes in trading before that it might take a whole book to document them all.Today...
Many people, when they first think about trading, immediately consider technical indicators, candlestick patterns, or moving averages? The direction of the trend, bullish or bearish? How can one perfe...
Some friends have not only discussed with me the use of entry patterns but also asked if I could talk about exits as well.Today, I have arranged for everyone to write about 8 intraday trading exit met...
Many people, after trading for three to four years, begin to consider quantifying their trading strategies. This is mainly because at this stage of trading, most indicators and trading systems have be...
Traders with practical experience will inevitably encounter issues related to trading psychology to varying degrees.I have been trading for over a decade and have found that trading techniques are mer...
The types of foreign exchange are quite diverse and can generally be divided into four major categories: direct crosses, cross crosses, commodity futures, and stock index futures.Each type has its own...
Futures and forex are both high-leverage margin transactions, and more than 90% of people get wiped out because they do not set stop losses. Setting a stop loss is to control the risk in the account, ...
The types of foreign exchange are quite diverse and can generally be divided into four major categories: direct crosses, cross crosses, commodity futures, and stock index futures.Each type has its own...
Among the traders I've interacted with, over 80% are part-time traders. Everyone has their own jobs and wants to use their leisure time to trade, aiming to increase some extra income.However, I've not...
Someone previously asked about my asset allocation. Apart from some fixed assets, all of my liquid funds are now invested in financial management and speculative trading.20% of my funds are placed in ...
Finding a profitable trading system is not actually difficult, but when a thousand people use it, there will be a thousand different outcomes. Just like the trading system in "Way of the Turtle," only...
A gap is a relatively common technical pattern that can be observed in the stock, foreign exchange, and futures markets.Compared to other indicators, gaps are easier to identify and represent excellen...
Many people ask me whether talent is needed to trade. Some individuals feel that they have a low level of education or are new to trading, and they believe that those who do well in trading are all gi...
If people were asked to describe their impression of traders, many would likely use the word "mysterious."In a trading room, there are multiple screens with computers, and the screens are filled with ...
Many friends involved in trading will feel a tingling sensation on their scalp when they see the words "fake breakout."Because in the eyes of most people, a fake breakout implies a loss, and a signifi...
The article I wrote last week about moving averages was an upgrade of some strategies based on the foundation of moving averages. Today, I would like to share all the uses of moving averages, which is...
Many people, when they first think about trading, immediately consider technical indicators, candlestick patterns, or moving averages? The direction of the trend, bullish or bearish? How can one perfe...
Out of 10 people who trade, 9 lose and 1 gains. Most people, when communicating with me, are asking how to solve the problem of losses.Many people say, "Everyone else writes about how to make money, b...
Holding onto profitable trades is almost a universal challenge for all traders. Compared to identifying the right direction and finding the right entry point, holding onto a profitable order seems to ...
After being in the trading business for a long time, apart from studying trading techniques, I have also read a great many books on philosophy. The reason is to gain a deeper understanding of the esse...
Many friends have asked me if there is a trading method that can both make profits safely and stably, and at the same time be simple and not brain-taxing. Today, I'm going to talk about the grid tradi...
The market conditions of the recent past have been truly thrilling, to say the least. Previously, crude oil might fluctuate by 200 points in a day, but now a single 5-minute candlestick can reach that...
Many people face the same problem when trading:Looking at past market trends on the chart, one can clearly and distinctly identify patterns, feeling that their judgment is accurate and that making pro...
Some friends have not only discussed with me the use of entry patterns but also asked if I could talk about exits as well.Today, I have arranged for everyone to write about 8 intraday trading exit met...
I've written numerous articles on building trading systems before, but I haven't discussed how to optimize the details within a trading system yet.Questions like, what is the optimal trading frequency...
Friends who have been following my teachings for a while are aware that a complete trading system must consist of four components:Trend determination, entry points, stop-loss and take-profit, and mone...
Reflecting on the past 11 years, if I were to name the most regrettable decision, it would be becoming a full-time trader.In 2010, I returned to my country from doing business in Africa and started my...
Many people, after trading for three to four years, begin to consider quantifying their trading strategies. This is mainly because at this stage of trading, most indicators and trading systems have be...
Almost every trader has experienced a margin call, and I myself was once a big loser in that regard. Many friends have also told me about the fear that comes after a margin call, which takes a long ti...
Of course, it is necessary to have one. For me now, trading would be impossible without a trading system.A trading system determines the steps and criteria for each of my trading operations. For a sim...
The methods of trend trading are mainly divided into two categories:1. Trend-following trading methods without selection.2. Selective trend trading methods.Trend-following trading methods without sele...
Starting from April of this year, I have written a series of technical articles, reorganizing the four components of a trading system for everyone, including trend confirmation, entry, exit, and money...
Not absurd at all, this is a very correct view of trading. Only traders who have made a stable profit can understand that prediction is useless.I have seen some people in the market who like to predic...
Recently, many friends have been asking me about cycles, including which cycle to use, whether to use a single cycle or multiple cycles, how to coordinate between cycles, and how to trade when the dir...
I cannot speak for others, but for myself, the final hurdle to achieving consistent profitability was to let go of all my reluctance and reach a state of contentment and happiness.Let me first describ...
Last week (May 30th) in Shanghai, I interviewed Gu Yabin, the head of Cadillac's marketing department. Here are the key points summarized:1. Within one month of its launch, the firm orders exceeded 1,...
Of course, there will be loneliness. But no matter what industry you are in, there are downsides to it, just like the process of two people getting along. Only by accepting each other's flaws and beco...
Many friends enjoy following trends because they believe that trends can capture significant market movements. Sometimes, a single trend can lead to substantial profits, and in some cases, even the po...
Many friends may encounter a situation where they have correctly identified the market direction and have entered the trade according to the entry signals. However, the market does not follow the expe...
Traders with practical experience will inevitably encounter issues related to trading psychology to varying degrees.I have been trading for over a decade and have found that trading techniques are mer...
At first glance, this question seems quite Versailles, but after some thought, I decided to give a serious answer. This is not only for friends who have already achieved stable profits but also for th...
This question is truly concise and to the point, with a clear purpose; it's a good question ^_^. I've made so many mistakes in trading before that it might take a whole book to document them all.Today...
In the financial market, there are many instances of resonance among various instruments, such as resonance among non-US currencies in the foreign exchange market, resonance among related commodities ...
In the financial market, there are some very famous theories. Some of these theories reveal the truth of the financial market, some analyze human nature flaws, and others point out common cognitive er...
The Martin strategy cannot achieve a 100% win rate.The premise for this strategy to achieve a 100% win rate is to have an infinite amount of money and to keep increasing the bet size. Of course, this ...
After sharing my trading insights online for so many years, the most frequently asked questions still revolve around technical indicators.Pursuing the path of technical analysis, learning indicators i...