Investors Must Have: The Golden Rule of Spot Trading

Essential for investors: spot tradinggoldrule

In spot trading, either going long or going long based on feelings can be a 'dead end', and there are certain rules for spot trading. Investors need to understand the methods and rules in spot trading, and have a good mindset to make rational judgments in spot trading. Win in the Oriental Live Room to Inventory the Essential Spot Trading Rules for Investors (Technical Part)andMentality Chapter)
1： Spot Trading Rules: Technical Section
NO1:Take the light "warehouse" and take advantage of the situation.
When building a position, based on the amount of funds, it is generally not allowed to exceed one-third of the amount of funds. If you make a loss when placing an order in a heavy position, the amount of loss will be significant, which will bring great psychological pressure and often not conducive to making orders in the later stage. Therefore, investors should avoid heavy positions and making orders against the market.
NO2Timely stop losses and control the scope of losses
Whether it is long or short, after placing an order, the range of loss control should not exceed3A point, if it is very likely to indicate an order error, the key to investment is stability. We suggest investors consider stopping losses on this matter! However, stopping losses is a relatively profound topic in spot investment, and doing a good job of stopping losses requires traders to conduct long-term exploration (click to enter Win in the Eastern Live Room:http://news.yzdf99.com  Seek advice from financial experts on stop loss techniques)
   NO3:Stop placing orders at a moderate pace, and frequent orders should lead to a stop loss
    The primary principle of spot trading is to ensure financial security and safeguard personal interests. Therefore, investors should not overly pursue a high volume of orders, as this can increase the probability of making mistakes. Therefore, placing orders is appropriate. If you choose to place multiple orders blindly, ensuring account profitability is the top priority.
   NO4Admit the mistake and lock the order in a timely manner
　 The purpose of locking orders is to lock in losses or profits in emergency situations. However, after placing a significant loss, one should immediately choose a relative position to close the position, and do not wait until the loss expands. Forced locking orders actually require higher skills from trading personnel, and if the technology is not in place, the amount of loss may be even greater.
　NO5Deliberate and prepared before placing an order
Before placing an order, it is important to have a clear understanding of the direction, stop loss position, target position, how to respond to situations beyond judgment, how to plan and utilize funds, and how to control risks. After placing an order, develop the habit of keeping good profit and loss records. Good methods can be repeated, and mistakes need to be corrected in a timely manner to prevent similar mistakes in the future. Remember to place an order without a plan.,
  NO6The market is unpredictable. Technical indicators are for reference only
  Many people overly rely on technical indicators and end up with a nose for dust. How can technology become unreliable for themselves? In fact, the market situation is unpredictable, and often there will be independence and reversal. Investors cannot rely on technical indicators such as news data and fundamental analysis, and need to make a comprehensive judgment before placing an order.
2： The Rules of Spot Trading: Psychological Chapter
NO1The biggest taboo for investment survival: the mentality of luck.
Many investors always have a lucky mentality when losing money, which ultimately leads to serious consequences. In fact, mistakes are inevitable. Mistakes are not scary, but the scary thing is not admitting them. Therefore, investors should strictly stop losses after discovering losses and not take chances.
　 NO2: Disagreement and loss
It is a normal gambler's mentality to wait until they win after losing, and this mentality is precisely a taboo in investment. The general principle is that losses should not be repeated more than twice in a short period of time. If losses are sustained twice, it will generally affect the state of subsequent operations, and losses may increase. Therefore, it is important not to compete with "losses" in investment.
    NO3It's not reliable to improvise orders based on feelings
Improvised trading is a random, goalless, and unplanned sensory trading, known in the stock market as chasing gains and killing losses! The error rate of impromptu trading is very high, and the probability of losing money is very high. Perhaps you can analyze the market trend based on your feelings, but to become a victorious general based on your feelings is like soaring to the sky. Therefore, when making an order that feels unreliable, every order must be based on a valid reason!
     NO4:Three non criteria
When tired, tired, tired, in a bad mood, or when the market is unknown, one should not make an order because when the state is not good, it cannot function properly and often makes unreasonable judgments.
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