Investment skills of spot crude oil II. Independence. The profit and loss of the last transaction has nothing to do with the next transaction. You can't influence the decisive entry and exit of the next transaction because of the profit and loss of the last transaction or the price of entry and exit.
Spot crude oil investment skills three. Objectivity. To make short-term intraday trading, the most intolerable thing is to "subjectively" determine whether the market is up or down in advance. Short-term speculators subjectively think that they can only go long or short today, which is a wrong thinking.
The correct way is to ignore these, regardless of fundamentals, news, main force, price level, profit and loss of positions and deviation of technical indicators. You can only "closely follow" the price fluctuation of the disk at that time wholeheartedly and objectively to make the order.
Spot crude oil investment skills four, profit and loss equivalence. "Break-even" means that because short-term speculators are "micro-differentiated transactions", the amount of money earned and lost by speculators in each transaction is roughly equal. The reason why speculators can make money is to win by "probability". Assuming that there are as many gains as losses every time, there are 100 transactions on that day, of which 70 are gains and 30 are losses, then the day is earned. Speculators only calculate the profit and loss of the general ledger every day. Of course, you'd better control the loss of each transaction within the profit of the previous transaction.
Spot crude oil investment skills 5. Don't add positions or positions when you lose money. When many investors hold loss orders, they do not take the principle of "active" immediate withdrawal, but continue to overweight with funds, which is an irrational practice.
Spot crude oil investment skills VI. Stop loss trading. It is also possible that you made a bad deal at the beginning of the day, always losing money, and even a few transactions are losing money. Then when you lose a predetermined amount, resolutely close your position, close your position and leave the market, and immediately stop any trading on the same day. This principle can help you never lose money continuously in one day.