In spot trading, flexibility is the premise of profit. Homeopathic trading is the foundation of success. For an intraday short-term trader, how to do a good job in intraday band trading of futures? You must do the following to experience many battles and risk your life.
Stop loss: One reason why trading is so difficult is that loss is an inevitable part of trading, but most people can't accept it. They may avoid losses, so they can't stop losses resolutely; Or afraid of losing money, so I dare not boldly open a position; Or angered by loss, so I can't stay calm; Or worry about losses, so you can't focus on the current transaction. Ultra-short-term trading forces a trader to face more than 100 losses every day, so it can help him become a "real warrior" faster-dare to face a bleak life and dare to bleed. Trading is not an affair, not an entertainment, but a job of "adding blood at the tip of the knife and repaying kindness with revenge". If you want to chop people up, you have to accept the loss. After the baptism of tens of thousands of transactions, ultra-short-term traders can accept the loss more quickly and regard it as the cost of the transaction-the cost is inevitable, but it can be controlled and must be controlled.
Control the loss-stop loss resolutely and accept the loss calmly, which is the cornerstone of successful trading, but you must reach a certain correct rate on this cornerstone to make money. In order to ensure the correct rate, ultra-short-term traders must insist on homeopathic trading. For him, grasping the reversal is absolutely wrong and meaningless. In order to buy at the lowest point in the falling process, a trader may have to make several mistakes before finally catching the lowest point, because there is only one lowest point, and there are indeed many "looks like" lows in the falling process.