Focusing on long-term trends
1. By focusing on longer-term trends, you can avoid being distracted by the daily market noise and maintain a balanced view of prices and trend direction. (Main trends, possible supports and resistances)
2. In a downward trend formed by the general trend, almost every small technical rebound, especially a one-week or more rebound, is immediately regarded as a new uptrend. In fact, this is just a small rebound in the entire downtrend. In fact, this is a great opportunity to sell rather than buy!
3. Take a longer view and use weekly or monthly lines. Reducing reliance on very short-term technical research can help speculators avoid buying high and selling low. Short-term strength is likely to be nothing more than a technical rebound in the main trend of persistent bears.
4. In the long-term short trend, when the rebound is close to 50% of the previous decline, it is a great opportunity to short.
5. Homeopathic long-term investors:
(1) Act consistently and in harmony with each other.
(2) Weekly and monthly charts;
(3) Seasonal studies;
Focusing on long-term sound technical systems and trading strategies.
6. When conducting speculative operations, it is essential to maintain patience, discipline, and vision.
7. Patience. Wait until you have a near-100% chance of success, and check your assumptions over and over again, regardless of past or present graphics.
8. Murphy's Law:
(1) Establish protective stop-loss orders for all positions at all times.
(2) Set a ceiling on the amount of contracts accumulated in each account, and do not exceed this amount under any circumstances.
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Disclaimer: The content of this article does not represent the views of the Institute of Foreign Exchange. The content is for reference only and does not constitute investment advice. Investors operate accordingly at their own risk.
