1: transaction flow chart and precautions. 2; Fund management and countermeasures. 3. Exponential top-bottom analysis method. 4. Top and bottom analysis methods of each currency. 5. Trading system compound interest statistics. (control the short position mentality) 6. Signal distribution of trading system. (controlling the waiting mentality) a) From the perspective of people who participate in the foreign exchange market, the essence of the foreign exchange market game is a multi-party game; B) From the participants' goals, "the essence of the foreign exchange market game is a two-sided game", that is, the game between short sellers and bulls; C) Foreign exchange games are very similar in nature to chess. Some people say that the foreign exchange market is like chess, that's right. D) Long and short sides struggle and struggle at "different time levels", just as there are no two identical chess games, so is the foreign exchange market. There was no exactly the same exchange rate trend before, only "similar game principle and profit model"; The first step of establishing the whole process of trading system: "Define the basis of trading system". A) After talking about the nature of the foreign exchange market, we should know the basis of establishing a trading system; B) The basis of establishing a trading system is: "In the overall uncertain environment of foreign exchange market game, find and separate the deterministic factors of exchange rate movement", that is, to establish its own "scientific trading concept and correct trading methodology"; The overall process of establishing a trading system Step 2: "Building a trading system". A) It is necessary to clarify the purpose of the trading system: "overcoming the weakness of human nature is conducive to the integration of knowledge and practice"; B) Clarify the characteristics of the trading system: "integrity and clarity"; C) The trading system changes with time and the external environment of the foreign exchange market, "it should be able to modify and adjust its parameters"; D) Some basic subsystems of the trading system: "market judgment, sector trend, risk management and human nature control"; Establish the overall process of the trading system Step 3: "Check the trading system" A) Check the trading system including "statistical test, extrapolation test and actual test"; B) Transaction costs should be considered; C) The echo effect caused by the amount of opening funds should be considered; D) The influence of small probability events (statistically heavy tails) on the trading system should be considered; The fourth step of establishing the overall process of the trading system: "execute the trading system" a) daily operations should be subjective and objective, "trading should be based on, and desires should be eliminated"; B) analog operation is essential. Even if you don't trade, you still need to "look at the market carefully, trade again carefully, try to figure out the main ideas of long and short, use more brains and practice more", and finally achieve the systematic trading of "integration of knowledge and practice", that is, trade according to a trading system. The time and energy of system traders are mainly focused on the development of trading systems. In the foreign exchange market, for system traders who adopt trend-oriented strategy, the elements and importance of successfully developing a trading system can be designed as follows: the range is10%; Buy some, 5%; Selling point,10%; Stop loss, 20%; Fund management, 40%; Understanding, insight, adaptation and innovation of the system, 15%. It can be seen that fund management is the most important factor. Whether it is an index formula, a trading formula or a trading system, its life comes from trading strategies. Trading strategy is an operating principle and general idea formed on the basis of in-depth study of the basic principles, non-random characteristics and regularity of foreign exchange market operation. We often see that many big money managers and traders don't make up any formulas. They are successful because they have a systematic and in-depth grasp of trading strategies. Of course, if they have good software and put their own strategies into the formula, they will save a lot of time and energy (in this respect, you have been able to compile some practical indicators, which is excellent). However, everything has advantages and disadvantages, and being too mechanical will damage insight, creativity and adaptability. Bottom line: the formation of a trading system should not only have the characteristics of market universality, but also have the personality characteristics of everyone. People with different trading methods (including personal operation characteristics) should be different for different markets (stocks, futures, options and spread trading). Trading strategies should also be prioritized, so that the whole trading system is clear. Regardless of the analysis strategy before trading, from the beginning of trading, the trading system should finally firmly grasp three points (a buying point and two selling points, a profit target point and a risk control point), win in a probabilistic way in an uncertain market (become shorter and stronger), and obtain total profits. Go beyond it.