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Simplified play|Selection of entry timing (correct buying point)
Earlier we talked about the concepts of first principles (supply and demand), the principle of volume and price, key points, etc., and choosing the right buying point is based on these theories. So, make sure you understand these to understand what you're going to talk about today. Let's talk about an important idea first. ...
Simplified play|The principle and method of setting the stop loss point
After talking about the buying point, we will talk about the setting of the stop loss point, because these two actions are one and cannot be separated. A major principle of stop-loss setting is that it must be set before placing an order. In other words, before you enter a trade, you need to know very well if you are wrong...
Chapter 2 of "Trading to "Simple": Thinking Biases and Misunderstandings in Trading
"The best way to get something is to make yourself worthy of it!" ——Charlie Munger 2.1 The Dark Effect Many of you may have heard such a story. In 1995, MacArthur Wheeler (hereinafter referred to as Wheeler), a big middle-aged man in the United States, robbed in broad daylight...
Trading to "Simple" Chapter 3: The Mindset of Trading Winners
Investing excellence requires a second level of thinking: a more complex and insightful mindset that is different from the average person. The first level of thinking says: The company will have the prospect of sluggish growth and increased inflation, let's throw away the stock. The second level of thinking says: the company's prospects are terrible...
Chapter 4 of "Trading to "Simplicity": The Underlying Logic of the Trading System
"People who can see through the essence of things in a second are destined to have completely different fates from those who spend a lifetime not seeing the essence of things clearly. ——"The Godfather" 4.1 The concretization of the thinking pattern I talked about the thinking mode of the trading winner earlier, but the thinking mode is very abstract...
How to take profit
The trading system should be a closed loop, and the last link of the system is to "exit" the transaction. There are two purposes to achieve by exiting a transaction: 1. Control losses (stop loss) 2. Profit pockets (take profit) In other words, we must exit the transaction in time when we make mistakes, and will...
Chapter 1 of "Trading to "Simple": The root of pain in trading
"When you struggle, struggle, force yourself to make a trade, you are wrong, you are uncoordinated. The best deals don't require any effort. —Jack D. Schwager (author of "Financial Geeks" and other books) 1.1 Recognizing the root cause of pain in trading At the end of December 2019, I...
Chapter 5 of "Trading to Simple": Building a Trading Winner Mentality
"Successful transactions are 80% psychological, and 20% are method. ——Mark Douglas 5.1 Personality Traits of a Successful Trader Many people believe that a successful trader must have a perfect set of methods. As with doing anything else, the method is important, but if not...
What does "free five" mean for stock trading fees?
"In case of free five" is a preferential policy in stock trading, usually provided by brokerages to investors to attract more customers. The transaction fee "in case of five free of charge" means that in stock trading, the brokerage firm charges a transaction fee of 1/10,000 of the transaction amount, and exempts each transaction with a minimum of 5 yuan...
New trading rules for the "comprehensive registration system"
On February 17, 2023, the China Securities Regulatory Commission and the exchange issued rules for the full implementation of the stock issuance registration system, which will come into force on the date of promulgation. The 20th is the first trading day after the full implementation of the stock issuance registration system, and the China Securities Regulatory Commission launched the "comprehensive registration system, reform to the future" investor education...
The technical information of the official account of "Ice Cold Shares" is collated
Author @冰寒大玩家 (Money Never Sleeps, The King of Escape from the Top, Demon Stocks, Short-Term, King of Trends) This article is compiled according to the article of the official account of "Ice Cold Says Stocks", and the following is the text: 250-day line tactics Many people are afraid of starting the early chase and repeatedly miss good stocks, and have been waiting for the return...
Commonly used shortcut keys for Tongdaxin software
Tongdaxin Software provides Shanghai and Shenzhen, Hong Kong stocks and US stock market conditions, supports self-selection, ranking, sector and various technical indicators, is highly professional and free, is a must-have stock trading artifact for many shareholders. Using Tongdaxin shortcut keys to operate the interface can save a lot of time, then, you...
N-word reverse draw board
The scientific name of the N-word board is the reverse draw board, just looking at this letter is very vivid: there is a daily limit - a later pullback - after the adjustment, there is a daily limit recovery, and some people call it the daily limit stock three-negative line adjustment buying method. In fact, you only need to evenly distribute 10% of your positions to four reverse draw boards, so that your total market value should be...
Dropped out of school and speculated in stocks, and after being reborn, he was 150 times more god in 14 months! Core mental methods and classic quotations
Name: Dropped out of school to speculate in stocks Real name: Unknown Alias: Retreat Born: 1994 Place of origin: Chenzhou, Hunan Province 50,000 yuan on February 6, 2017 to 3.02 million on April 2, 2018, fully documented 14 months to achieve 150 times profit, and then gradually retired to 30 million. Retreat is one of the few things that can be done for traders...
The impact of offshore RMB exchange rates on international trade
Offshore RMB (CNH) refers to the RMB circulating and traded in overseas markets, compared with the RMB in China (CNY), the offshore RMB is more used for international trade and investment activities, as well as overseas RMB...