If you want to be a member of 10, or even a member of 20, you should be prepared to work hard, because the road to successful trading will not be smooth sailing, and it is bound to be bumpy, hard and lonely!
No matter which product or market you make, having your own trading system is the key to success!
The trading system includes five aspects: trading plan, fund management, risk control, mentality adjustment and trading experience, each of which is very important.
Forming your own trading system requires systematic learning. Learn how to conduct fundamental analysis and technical analysis, with emphasis on technical analysis. Read all foreign trading books, especially those classics that have been tested for decades or even hundreds of years. Don't read books written by people in China. Theory and practice need at least one or two years to gradually form their own methods, and then gradually form a trading system that suits them.
What do you mean by daily homework? It is necessary to look at the external market and financial news before the opening in the morning. External markets include US stock market, US dollar index, CRB index, US crude oil, US gold, and the news of the corresponding external market varieties and corresponding varieties that you are concerned about.
If you do intraday trading, you should mark the trading time.
Trading methods include intraday trading, band trading and trend trading. It is suggested to start with medium and long-term band trading and trend trading, because day trading requires higher psychological quality of traders and faster information processing ability.
Dear friend, I wish you success!