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kaito666 Private ID: 102316041
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    Stop loss mentality before trading
    ⑴ Calculate the most reasonable stop loss position
    Risk control has always been the first element of trading. Don't set stop losses based on greed, and don't set stop losses too narrow because you want to trade more positions. You need to strategically set stop losses so that your trades have just the right amount of room to fluctuate.
    ⑵ Accept potential losses
    You need to mentally accept the fact that any deal is likely to fail. No matter how good a trading signal looks or how confident you are, it can still end up failing. If you actually accept this fact, then you won't risk more and won't do anything to try to avoid losses; such as leaving the break-even point too early, or maybe even trading without a stop loss.
    ⑶ Accept the fact that transactions take time to run
    Before you participate in a trade, you must first mentally accept the fact that you may lose money, then you won't try to avoid it during the trade, you won't adjust your stop loss, or otherwise interfere with your trade. Just accept any fluctuations before the market finally reaches your profit target. If you're trying to respond to every bit of fluctuation in the market, then you're going to need a very strong heart, which is obviously unrealistic.
    Position attitude during trading
    ⑴ Let the market prove you wrong
    There is a pre-set level range on the chart. If the price exceeds it, it means that your subjective wishes are not recognized by the market. At this point, no matter how confident you are in trading, you should come forward and understand the market's instructions.
    ⑵ Retracement...
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    I wish I had wings, fly and fly, and come to the hospital. Go play with those sick kids and keep them happy in the last moments of their lives. Fly, fly, I've arrived at the orphanage, and I'll use my voice to tell them that as long as we are strong, the whole world is our stage. I wish I had wings to comfort those whose hearts have been hurt. Go spend time with those who are lonely. Finally, I hope the epidemic will be brought under control and world peace. Happy Christmas Eve and Merry Christmas everyone
    Translated
    Step 1: read the news
    Start by picking a handful of companies that you wish to analyse (read the previous lesson for an overview of how to shorten your list down to this level). Then start looking through the financial press for an overview of what's happening with those companies right now.
    Step 2: consider different scenarios
    From the information you have collected above, you can now start creating imaginary scenarios that you would be able to use as trading opportunities.
    Step 3: weigh up the odds
    Once you have made a list of these potential scenarios, categorise them by likelihood:
    Highly likely – the market has priced in the product being as impressive as markets already expect. This is already priced into the share with the 25% recent increase.
    Possible – the product's launch could be brought forward. This outcome has not been fully priced in.
    Unlikely – the product is not as revolutionary as thought. Although this outcome is not priced in, some traders may be holding positions in expectation of this.
    Very unlikely – the product is cancelled. The market is not expecting this at all so it has not been priced into the share at all.
    Step 4: technical analysis
    In this event that any of the above scenarios do materialise, go straight to your price charts and use technical analysis to find entry and exit points for the long or short trade you have chosen.
    ❤️ Happy 9th birthday to moomoo 🎂❤️
    From joining this family until now, I have learned a lot of investment and financial management knowledge and slowly enriched my experience. I have met many Moo friends, which is a very happy thing and has given me many suggestions.
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    Happy birthday moomoo 🎂
    People mess around in the stock market; it's actually very difficult to make money from it, and it's not impossible to go from losing money to making money easily. Nightmares come true in a short period of time, all of which can happen at any moment, so when you really understand '7 losses, 2 draws, 1 profit', from your dream experience to reality, your funds may have evaporated.
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    $The Glimpse (VRAR.US)$ It took off tonight
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    $Exela Technologies (XELA.US)$ Fly to the moon tonight
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