This is the most normal way to expand the profit-loss ratio. If the stop loss is too small, it is easy to be hit by the market, and expanding the stop loss will reduce the frequency. For example, if you make a normal loss stop loss and earn more than 3 points, you will find an opportunity to stop loss and make a profit. Then it becomes a stop loss of 5 points and earns a stop loss profit of 15 points or more. Limit opening conditions If your opening signal is too easy to trigger, you will definitely stop frequently. At this time, slightly increase the filtering conditions and limit the number of times of opening. Avoid emotional transactions. Don't lose your cool because of stop loss and short-term losses, and start impulsive trading. It must be done.
To do short-term foreign exchange trading, you must follow the short-term trend, return to the support position to place an order, don't blindly place an order, end the short-term trend, and the stop loss position must be effective; This may be because many friends don't understand how to define validity. What is a stop loss point? This is a turning point in the evolution of the market, that is, if the market foundation you expect is not established, it can affect the loss, which is an effective loss. Secondly, setting strict admission conditions and putting an end to opening positions at will is to restrain trading impulse and control trading frequency.
If your trading method is correct, frequent stop loss may also be necessary. If your method is correct, but you can't accept frequent stops, then adjust it according to my 1 and 2 until its winning rate and profit and loss are better than yours. This is the sentence in the transaction, the origin of establishing your own trading system. Find a buying point at the secondary level in a short time of one hour, and the stop loss point should be set below or above the next support level or pressure level! The advantage of short-term is that if the high trend is determined to be in the same direction as the short-term list, even if the fluctuation range is large enough to stop the loss, the short-term stop loss can be temporarily changed to the middle line! At this point, the stop loss point has a double meaning, that is, the stop loss can take profit again!