1, for beginners, proper study is very important. The profit of frying crude oil starts at 20 points at a time, which is not suitable for novice greedy trading. Proper practice should exercise your judgment and decision-making ability. Get familiar with the habit of crude oil, and then pursue big profits.
2. Before trading, you can look at the 4-hour chart to determine the trend and direction; Look at the 1 hour chart again, pay attention to the trend of the transition period and judge the trend of the next period. The transition period is even more important, it links the past with the future.
3, 15 minute chart, suitable for short-term trading, generally more suitable for novice practice and practicality. Look at the trend of 15 minutes to place an order, and it is no problem to make a profit of 20 points at a time.
4. The shorter the time period, the faster the reaction and the higher the sensitivity; 5 minutes is suitable for ultra-short-term, flexible and unstable, but it can predict the trend and trend of the market outlook. You can choose a good point to enter and close the position. Especially when the price runs near the support or resistance, we can judge the market outlook. (5 minutes is only suitable for ultra-short-term operation, and novice operation is not recommended. ) 5. The moving average also deviates, and the indicator is more important. If the moving average is up in the hourly chart, but down in the 15 minute chart, it implies that a reversal is coming. If the moving average 15 minutes, the chart goes down, but the price wants to go up, the price will go down sooner or later, such as being bounced back by the fulcrum. At this moment, you have a choice, and you'd better be prepared. The short-term EMA deviation can better reflect the market outlook than the long-term EMA deviation. The deviation of the moving average on the 15 minute chart is more important than that on the hourly chart. Deviation means that the moving average is opposite to the price fluctuation direction.
6. Stop loss is very important when frying crude oil. Stop loss can control risks, and stop loss can protect capital by 20-30 points. If you do 10 times, you may make three mistakes, and the loss of the three times should be kept within 20-30 points, and your profit is far greater than the small loss. The more profitable you are, the more careless you are, and the more you have to stop loss. If you don't know how to control risks and the market is more accurate, then you have no chance to make money.
7. If you are not very objective and calm, it is suggested to separate analysis from operation.