Risk control awareness is the key to profitability
1. Control stop loss and prevent risks
Loss is allowed in trading, but the loss must be controlled within a tolerable range. Therefore, strictly setting a stop loss is the first step to making a profit. It is best to set the stop loss within 3%-10% of the cost every time we trade. If the price breaks through, we will close the position immediately and leave the market.
2. Plan well to keep profits
The soldiers and horses have not moved, but the food and grass go first. Before entering the market, you should first make a comprehensive prediction of today's market trend, and scientifically set your profit and loss range. If a profit occurs, you must learn to keep your profit successfully. You can first gradually withdraw the costs, and then use the profit part to play games.
3. Follow the trend and sum up experience
The most important principle of trading is to go with the trend. Only by following the direction of the market can you make safer profits. Of course, this requires investors to accurately judge the next trend of the market. When a loss occurs, the most important thing to do is to take stock of the mistakes in your trading, summarize experiences and lessons, and prevent mistakes from happening again.
I am not 100% sure of making a profit, but I have a stable profit model. I will only use my experience to lead every partner who finds me to obtain sustained and stable profits!