First, don't invest too much money at first. If your family currently has 500,000 yuan, it is recommended that you invest no more than 654.38+ million yuan. Moreover, you should always observe, if you lose money, don't inject any more funds. Think about it, 65438+ 10,000 can't play well, and 500,000 can't play well. Once people invest more than they can bear, just like playing ball, all skills will be deformed. All the money doesn't matter, but if it's life-saving money, children's milk powder money, pension money and loan money, forget it. Whoever plays with this money will surely die.
Second, resolutely set a stop loss. It is suggested that each loss should not exceed 3% of the total funds at most, which means that it will not be eliminated by the market at once. There are several chances to turn defeat into victory. But the reality is that many people set a stop loss position. When it is close to the stop loss position, he changes the stop loss position and expands the stop loss to 5%, 10% and 20%. It is common for ............................................................................................................. to lose foreign exchange. The stop loss has been set and must be resolutely implemented. Otherwise, you will die.
Third, intraday trading is the mainstay. Because it is a small fund, in order to accumulate funds quickly, it is necessary to focus on intraday trading, that is, ultra-short-term or short-term or these advantages of foreign exchange will be wasted, including leverage, T+0 and so on. Intra-day trading requires heavy trading, such as more than 70% positions, but full trading is not recommended, for reasons to be discussed later. Don't tell me, I play long-term, what band, short-term and how to play long-term. If you play long-term and trade all positions for 2 trading days, can you bear this adjustment?
4. Never trade heavy positions overnight. Since it's intraday, it's the discipline of intraday trading to never make heavy positions overnight and close positions before closing. Especially if there is no profit and loss statement on that day, you can't stay overnight. Don't have any illusions. Think about it. If there is any important news tomorrow, the market will go against you.
For example, if you go up and down as soon as you open the market, you will lose at least 50% at this opening, and you will not even have a chance to stop. If the daily limit is three times in a row, it will be completely dead. Not to mention that this situation is not common, even if the probability is 1%, you will die once. Don't hold more than 20% of overnight trading positions, even if there is a big profit. Always be in awe of the market.
5. Establish your own trading system. Short-term trading must have a trading system that looks at pictures. The trading system has been established, and the key is implementation. I had a blog post earlier, called the ultimate secret of long-term profit in the market. There are two articles:
1 People's hearts are empty and unpredictable.
2 Abide by the system and never violate it.
In fact, these two items are very difficult to do, and I sometimes violate them, but if I violate these two markets, it will teach me a lesson and I will lose. So I almost always follow the map now, so the winning rate can reach over 90%. This short-term trading system is mainly based on four time periods, namely daily line, 60 minutes, 15 minutes and 3 minutes. We will talk about this trading system later.
6. Write a trading diary every day after the transaction is completed. After trading every day, it is recommended to keep a trading diary. Record every specific transaction, and then analyze why it is wrong to open a position in this place. Do you just look at the 3-minute map instead of the 60-minute map? Is it true that 60 minutes is an extension of the pen, but you robbed the rebound for 3 minutes, and you lost?
Why is it wrong to close the position in this place? Is it too early? Are you scared by some fluctuations below the operational level? I am afraid that the profit will be spit out, so I will accept it as soon as possible. Why is this place profitable? Is this technical bit a standard trading point model? Will it be clear when this technology trading point appears in the future? These transaction diaries must be kept. You can draw if you don't have time. This will greatly improve your trading ability.
Seven, you should be crazy about this job. I have always regarded speculating in foreign exchange as my job, so I must be crazy about this job, otherwise, you can't do it well. Think about who you play with and who you bet with in the market. These people have higher education than you, and their capital is n times that of you.
These people are specially trained, they have inside information, they have plenty of time, and they make a living by it. These people can see through your mind almost at a glance, and even these people can analyze your specific operations through the data provided by foreign exchange companies. If you deal with such a group of people and want to beat them, do you think you can succeed just for fun?