The concept of no stop loss is not qualified to enter the foreign exchange market. Not knowing the stop loss means not learning technical analysis well, and not executing the stop loss means not operating yet. The only magic weapon to avoid lock-up is to cut the meat and stop the loss. A K-line stop loss method in the foreign exchange market is a magic weapon to avoid lock-up.

The first lesson of the stock market is not to buy but to stop loss, and so is the foreign exchange market. The concept of no stop loss is not qualified to enter the stock market. Not knowing the stop loss means not learning technical analysis well, and not executing the stop loss means not operating yet.

The rule of the foreign exchange market is that the winner is less than 10%, and the secret of this 10% winner is to know that he is wrong and run faster than anyone else. How fast? Stop loss when you lose a k line. In other words, the low point of the entry K line is the stop loss point.

This K line may be a 5-minute line or a 30-minute line in the session. The longest is the K-line point of the daily line.

In other words, if you buy it, you can only get rid of the rising cost immediately, and you can't even go back to the file. If you fall below this K line after buying, it means that there is something wrong with your entry point, so you should leave quickly and wait for the next entry opportunity. At the beginning of this operation, you will always place an order to stop loss, but you will break through some concepts and experience some tricks in your continuous order.

Slowly, you will choose the entry point carefully. Unless you are 80% sure that you won't do it easily, you will succeed if you practice at this level. You will reduce a lot of unnecessary entry points, and you won't hang orders indiscriminately. Once this trick of seizing the opportunity to enter the market becomes a habit. Your entry point is often the rising point. At this time, it is not easy to stop loss again, only the problem of winning is left.

The only magic weapon to avoid lock-up is to cut the meat and stop the loss. A K-line stop loss method is a magic weapon to avoid lock-up.