In the field of trading, we often hear the advice of others such as this: we must control our greedy desires; we must do what we see in trading; we must run fast when we earn a few points; we must run fast; we can't hold orders for too long, don't let yourself lose money...
If from the perspective of human nature, these advices are indeed correct; however, the profession of trading itself is contrary to human nature, that is, after the establishment of the trading model, the rules in the model are the holy will of the trader to perform the operation, and the trading discipline must be strictly enforced, and it is not possible to control oneself because of making some money. This is a misinterpretation of the transaction, but also the embodiment of the inferiority of people.
The old blue head has always adhered to a principle in trading, that is, the rules in his trading system are the holy will, and they are never allowed to change arbitrarily. Only by enforcing strict trading rules with a steely will can we achieve the ultimate goal of long-term stability and small losses and large profits. Below is a real-time breakdown of gold's trading this week.
February 10th 02:05 Gold Operation Plan
"Gold price movement trend in the second half of the week More The internal structure of each band and the point framework Conditions for the bulls' defense as long as the price does not break through the standard yin line at the 1820.39 position in the subsequent movement of the price The target level of the long order is the three target positions in the chart in turn"
"What needs to be paid attention to is that after the subsequent price effectively broke through the position of 1825.73, the adjustment wave ABC evolved into the main rising wave 123"
On February 10, 10:26, the definition of gold's upward band and the target position of the judgment, "gold prices run above the 62 of the previous full band structure target high".
Yesterday at 16:13, gold performed a position increase operation.
On February 10, 20:34 issued an early warning signal: gold closed this hour as a standard yin line turn
Otherwise, continue to hold long orders
February 10, 20:36 Today's forward amplitude corresponds to the point of 1830.95
February 10 at 8:37 PM
The position cannot effectively break through long positions and eat the full profit of the upside band
On February 10, at 21:42, gold passive stop loss out. According to the positive value of the amplitude rate, the position is filled in time.
As of the time of the article, gold in the positive amplitude of 2.4968 trading conditions, the original large position left the market, the position continued to hold and overnight, without breaking the rule, that is, before the upward band did not issue a reverse signal, take the overall profit of the upward band.
Long-term stable trading system is the fundamental guarantee for achieving stable profits, and it is necessary to force their own operation behavior with a steely will to achieve the ultimate goal of small losses and large profits.
Finally, it is still a cliché: the content involved in the above technical level is only used to share trading models with like-minded friends (fans), exchange and discuss trading practices, with the purpose of learning together, learning from each other's strengths, and improving trading skills together, so that non-likes do not need to waste valuable time here.