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Three prerequisites for short-term trading:

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popYOUNG wrote a column · Oct 12, 2021 03:42
Any novice, when entering the market, the short-term day is a stage that must go through. For ordinary novices, they will become a stable mid-to-long-term winner only after repeatedly experiencing the short-term "baptism" in the day.

Intraday trading is a less risky trading method. Intraday trading is a stage for small capital traders to increase the trading experience in a short time and gain a leap in experience. Intraday trading is the best training ground for novice traders. Generally speaking, An excellent day trader may not be able to do well in day trading, but an excellent day trader can quickly figure out the objective laws of day trend trading.
If you can't make a profit immediately after entering the market in short-term trading within the day, you should be prepared to leave the market quickly, do not increase the position, do not cover the position, do not carry it against the trend, and do not hold the position overnight.

It is precisely because of the short-term holding time, low risk of market volatility and rapid profitability of intraday short-term trading, this trading method is quite popular among newcomers who have just entered the futures market.
Three prerequisites for short-term trading:
1. Selection of trading varieties. Not all trading varieties are suitable for short-term, only those commodities with strong liquidity and high volatility can make us profit quickly.

2. The determination of the trading cycle.

§ 1-minute trading cycle: use small blogs to expand, fast forward and fast exit.

§ 3-minute trading cycle: small swing trading.

§ 15-minute trading cycle: intraday trend trading.
3. Intraday short-term trading does not mean high-frequency trading. Keep in mind the truth that doing more will make more mistakes.

Any trading system must include entry, exit, take profit and take profit, and position management. The short-term trading system is no exception.
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