The original intention of this article is to hope that it can be of some help to those who are confused. Today I would like to talk about trading systems.
What is a trading system? A trading system is a complete set of trading process rules. Each trading system has its corresponding step-by-step rules ABCD. Different trading systems have different step-by-step rules. A trading system usually has a trading system manual, which expresses each decision of the system operation in text. The transaction is your own, and the trading system is even more your own. The same Chaos Theory, the same wave teacher, and your understanding is different. Learn the trading rules that suit you.
An excellent trading system is also anti-human. It requires you to overcome greed and fear, to be decisive and not make subjective judgments, and to strictly implement it.
As an emotional investor, it is difficult to strictly adhere to your trading system in an emotional market.
What's even more difficult is that an excellent trading system is not just theoretical knowledge, but the result of repeated tempering, countless trial and error, and continuous polishing.
An excellent trading system does not allow you to make money by gambling with funds, but allows you to make money with low risk and high return and probability.
This leads to a serious problem, which is that retail investors’ transactions will lag behind and their reactions will always be half a beat slower. Here are a few suggestions I would like to give:
First, most people who are currently trading are not from a professional financial background, so they should be cautious in trading. Fear of loss is a blessing, and this is the case in trading.
Second, a complete trading system should start with the most basic indicators. Before you are proficient in each indicator, you should invest less.
Third, indicators are nothing more than various types of indicators such as moving averages. There is no opportunity to create your own indicators. You have to rely on yourself to figure out how to combine and optimize them.
Fourth, borrow other people’s mature systems, and optimize, analyze and summarize based on these systems.
Fifth, dare to test, use very little money to test, shorten your conception time, find good programmers to understand your ideas, and optimize the indicators.
6. Understand the relationship between time and price.
7. Psychological ability. When trading, you should be a ruthless robot and don’t be disturbed by other things. Frequent watching of the market will only affect your plan. The positions and target prices in different periods will never be the same.
Principles to pay attention to when participating in transactions:
1. General principle: earn the average market return in a bull market and lose as little money as possible in a bear market.
Second, the middle principle: Don’t borrow money to play, and never borrow money to go all in. The mentality of using your own money and borrowing money will never be the same. Even if you make the right trading decision, psychology will always interfere.
3. Small principle: Try not to trade frequently unless necessary.
4. Buying and selling only takes one second, but making the decision to buy and sell requires you to spend a lot of effort, thinking, and practice.
The following is what Haoge said. There are many fans who contact Haoge to learn technology. I always advise you to start with the basics. It’s not that Haoge is afraid that you will learn it. There are many indicators. If you use one well, you will be a teacher in this industry. There are very few given in the books. The actual application is different. You need to constantly build a solid foundation. The candlestick chart is the foundation of everything. The market is boring. Haoge’s idea of establishing a trading system is just this. There is a lot of nonsense. I hope it can help those who are interested. If you need technical information and communication, please feel free to contact Haoge at any time. #bnbgreenfiel或 #onecoinmultiplechains

