Is complex, and short-term traders should learn to hit the nail on the head.
Today, I will introduce the basics of short-term trading, hoping to help you.
(1) Happy trading.
If you don’t think short-term trading is easy and painful, don’t do it.
The so-called day trading is day trading, it is in and out on the same day, and does not stay overnight.
(2) Understand some technical analysis.
Three points for ability, seven points for feeling.
The key is to understand a little bit.
If you learn too much and understand too much, you can do formal technical analysis, you don’t have to do short-term trading.
Ten-minute charts draw trend lines, use very short-term averages, and explain the behavior of prices and volume, just fine.
The other is to look at market indices, listen to fundamental news, and participate by feeling it.
(3) Probability is a key factor in short-term trading.
How to Win short-term deals?
We earn one dollar when we win and lose half a dollar when we lose.
You win 50 times out of 100, you make 50 dollars, you lose 50 times, you lose 25 dollars, you make 25 dollars.
So once you get in, the direction is right, let it continue to achieve its goal;
If the direction is not right, immediately go out, there is no psychological factor to consider whether to go or stay.
(4) the short term should be homeopathic.
The situation is wrong. No deal for any length of time.
If the situation is not determined to continue, it is like sailing against the current, will only lose money.
(5) Short-term trading is all about psychology, emotions and feelings.
You have to make sure that you are happy that day and can focus on the transaction without distractions;
At the same time, you should have a strong feeling that there will be volatility in today’s market to make money.
The dollar tumbled and oil prices rose to a four-week high as the emergency authorisation of COVID-19 oral drugs returned risk taking sentiment.
Please pay attention to the specific operation, the market is changing rapidly, investment needs to be cautious, the operation strategy is for reference only.