Recently practicing short-term trades, all of them are f😭king losing money.
The biggest misconception is trading trend-following positions. Actually, in this market, there is no trend now; neither upward nor downward has strength. Trend-following positions are inherently difficult, with narrow fluctuations, making it easy to hit stop-loss. Today, I switched to buying low and selling high. When the position is right, I buy and sell decisively, without waiting for clear signals. The win rate immediately improves.
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Recently practicing short-term trades, all of them are f😭king losing money.
The biggest misconception is trading trend-following positions. Actually, in this market, there is no trend now; neither upward nor downward has strength. Trend-following positions are inherently difficult, with narrow fluctuations, making it easy to hit stop-loss.
Today, I switched to buying low and selling high. When the position is right, I buy and sell decisively, without waiting for clear signals. The win rate immediately improves.