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Read the 16 trading rules of the ancestor before opening a position each time.
1. When I see a danger signal, I don't argue with it, I avoid it! After a few days, if everything looks good, I'll come back. This way, I will save a lot of trouble and a lot of money.
2. In order to make money in trading, you have to show profit from the beginning. If something you buy or sell shows a floating loss right after, it means you are making a mistake. In general, if it does not improve within three days, get rid of it immediately.
3. Never share losses, always remember this principle.
4. After the price enters a clear trend, it will automatically run along a specific path that spans the entire trend.
5. Excellent traders are always waiting, always patient, waiting for the market to confirm their judgment. Remember, do not fully trust your judgment until the market itself confirms your view.
6. Remember this: when you are doing nothing, those losers who think they have to trade every day are laying the groundwork for you, and you will find opportunities to profit from their mistakes.
7. As long as you recognize where the trend is, follow the trend to control your trading boat, and you can benefit from it. Do not argue with the market, and most importantly, do not compete with the market for highs and lows.
8. At any time, I have the patience to wait for the market to reach what I call the 'key point.' Only then do I start trading. In my operation, as long as I am like this, I can always make money. Because I start trading at the moment when a trend is just beginning, I don't have to worry about losing money. The reason is simple: I happen to enter and follow up when my personal principles tell me to take action immediately. Therefore, what I have to do is sit still and watch the market develop according to its trend. I know that if I do this, the market itself will give me the signal to close the profit at the right time.
9. My experience is that if I don't enter the market near the beginning of a trend, I won't make any profit from it.
10, "Rome wasn't built in a day," truly significant trends don't end in a day or a week; they take time to complete their own logical process.
When predicting market movements using key levels, remember that if the price moves beyond or falls below a certain key level but does not behave as expected, it is a dangerous signal that must be closely monitored.
12. I believe that many traders have had similar experiences. From the perspective of the market itself, everything seems full of hope. However, at this moment, the subtle inner world has already flashed a dangerous signal. Only through long-term research of the market and long-term experience in the market can this special sensitivity be slowly cultivated.
13, before entering the trade, the most important thing is whether the minimum resistance line is in line with your direction.
14. When a speculator can identify key price levels and explain their performance at those levels, he is in a winning position from the start.
15. Just predict the market psychologically, but never act rashly. Wait until you get confirmation from the market that your judgment is correct. Only then, and only then, can you use your money to trade.
16. In long-term trading, patience is more important than any other factor besides knowledge. In fact, patience and knowledge complement each other. Those who want to succeed in trading should learn a simple truth: before you buy or sell, you must carefully study and confirm whether it is the best time for you to enter the market. Only in this way can you ensure that your position is the right one. #参与年终社区盛典助力,赢周边海量好礼#