2023.11.28 Trading system

2023.11.28Trading SystemEveryone has their own different knowledge and understanding of the market, but there is no doubt about one thing: there is no 100% correct trading system in the world. I think many retail investors when judging whether a system is excellent, the first thing to look at is whether the accuracy of this method is high enough, and you must remember that the success rate of the system is important, but it is not the only important factor. A system with a 90% success rate can also cause significant losses, and a system with a success rate of only 40% can also make good gains. The principle can give you an example, in the case of the same position, if your profit is 1% but the loss is 10%, then even if your success rate reaches 90%, do you think you can make money in the end? Similarly, if you make a profit of 1% and a loss of 1% per transaction, but when you make a profit, it is 1 into a position, and when you lose a full position. A 90% win rate is still not profitable in the end!So I think a system with a success rate of more than 55% is probably a pretty good system. Of course, the premise is that there is strict and reasonable capital management and stop-loss exit measures as a guarantee. Finally, we should remember to measure the quality of a trading system, if we look at each transaction, it can not be “small profit and big loss”, in the long run, it is whether it can achieve stable profits. Technical daily line: this looks like it is going to be called, 33000 is the support level, do not rule out the possibility of falling below 3w and then V back to 43000, anyway, be careful next week, spot patience hold the four-hour line: four hours this downward is about to end, and there is an upward 37800 position 15-minute line: currently to the support position of 37200, this position is not very easy to operate, if this week can not return to 37800 or more, long orders will not participate in the operation plan: 37500 short orders continue to hold, wait and see

Source: Golden Finance