Recently, the market is becoming more and more difficult to control, and I don't know whether to go short or go long. Either they can't keep up with the pace of the market, or they're frustrated that they can't get out of it, or FOMO is catching up with the duvet. I don't know the reason why I should do it. After careful thought, I still haven't established an operation strategy that suits me. There are various operating strategies, and what is right for others may not be right for you. I personally think that either left-hand trading or right-side trading is the main one. Just set your own trading strategy and execute it according to the strategy. If left-hand trading is the main focus, wait patiently for lows and opportunities. In actual operation, when judgments are inaccurate, strict implementation of stop-loss can reduce losses. However, if you mainly trade on the right side, don't worry about going short for a while, and wait until the trend is clear before operating. Regardless of the method, there is no such thing as right or wrong. The most important thing is to practice and operate in whichever way suits you. Operation without a trading strategy is easy to be punched in the face by the market. I think I'm still a stock market nob, and I have a lot to learn. My method of learning is to find videos that suit my trading style, which also allowed me to find the right mentors for me to follow. Recently, I have been following his Reading Notes channel to learn the interpretation of Wall Street stock master Jesse Livermore's legendary experience in the stock market. I have benefited greatly and been very helpful in how to establish my own trading strategy. If you are also confused about how to set up a trading strategy, you can also search the Internet for relevant information. Maybe you can also find a mentor I can follow.
Mr RayLiang : Great article, very worth referring to!