The general principles of intraday operations are:
Follow the trend + low point + don’t chase high + stop loss
1. The so-called trend-following means following the trend of the market. The trend is the approximate direction, not the absolute direction. Since it is approximate, we can make a rough estimate based on experience, fundamentals, and technical aspects, and make corrections at any time during the process.
2. The so-called low point refers to long positions. Entering at a low point is a prerequisite for intraday long position profit.
3. The so-called "not chasing highs" means that you should control your emotions. If you chase highs as soon as they rise, you will suffer losses.
4. The so-called stop loss refers to heavy positions. If the direction is wrong, stop loss in time. Don’t ask why.