1, select the market. Assess whether the volatility of the current market is sufficient (considering the handling fee). If the fluctuation is insufficient and you rush into the market, even if you are lucky and have no loss, you will end up paying the handling fee for nothing at most.
2, according to your objective conditions and expertise, choose to participate in the upper and lower levels:
A, the basic fluctuation of minutes is poor, 1 ~ 3 o'clock space, requiring extremely low handling fee, fast runway and quick response, requiring a winning rate of more than 80%, keeping busy all day, relying on natural response, conditioned reflex, and hands-on without thinking (exaggeration);
B, secondary fluctuation. The range varies according to the market, and the Hang Seng Index is about 10 ~ 30 points. Enter the market about ten times a day (not necessarily every time), and the winning rate is required to be above 60 ~ 70%;
C, intraday band. If you operate it two or three times a day and operate it properly, 50% of the winning rate will have a surplus (Hang Seng Index, fluctuation level and handling fee can be relatively ignored. The internal market depends on the size of the market), but more skills are needed to screen the timing of entering the market.
3. Find the cut-in point (mainly B and C above). There are only two kinds of entry points for the master:
First, the value price. This is the right place to enter the market, and you can usually stop to go there, and you can walk through it slowly. But it needs foresight;
B, silly price. Fool earlier than others, wake up faster than others and have good hands.
No matter what kind of entry point, if you enter the market correctly, usually the price will soon be out of your cost zone. Otherwise, there is probably a problem.
4. Have a correct exit strategy. In day trading, unless you make a mistake or stop loss, you must never let the market decide when you leave. You should plan your departure in advance. It is very important that intraday trading does not have the time and cost to wait for the market to send out the departure signal.
5. Overweight. You can't increase the price at will. The more the market develops, the smaller the position of the master. Overweight is more difficult than new orders entering the market for the first time, and there are more factors to consider. At the same time, the price is usually no longer so favorable. Involving risk assessment and risk control, overweight will complicate the situation and adversely affect the whole transaction. Place only one bet at a time, and place a bet when you are most sure. Opportunities are infinite, and you don't need to earn all your money back at once.
The above is the whole content of the problems that foreign exchange professional traders need to pay attention to in daily short-term trading.