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    A few issues to consider during the day

    1. Select the market. Evaluate whether the current level of volatility in the market is sufficient (taking into account the handling fee). If you enter the market rashly due to insufficient volatility, even if you are lucky and do not lose money, you will at most end up with a free handling fee; 2. According to your objective conditions and specialties, choose the volatility level of participation.

    The basic fluctuation difference within a minute, 1 to 3 points of space, requires extremely low handling fees, the runway is fast enough, the response is fast, the winning rate is required to be more than 80%, the day is busy, relying on natural reactions, conditioned reflexes, hands-on without thinking (exaggerated);

    B. Secondary fluctuations. The amplitude varies depending on different markets, and the Hang Seng Index is about 10 to 30 points. There are about ten opportunities to enter the market every day (not necessarily each time you enter the market), and the winning rate is required to be more than 60 to 70%;

    C. Intra-day band. Two or three times a day, if the operation is correct, the winning rate of 50% has already made a surplus (the range of this fluctuation level of the Hang Seng Index, the handling fee is relatively negligible. The internal trading depends on the size of the market), but it requires higher skills for filtering the timing of entering the market.

    3. Find a good entry point (mainly referring to the above b and c). There are no more than two entry points for experts:

    A. Great value price. This position enters the market correctly, and you can usually stop and stop locally, one slow, two look and three pass. But you need foresight;

    b. The price of bohemian. Be stupid earlier than others, wake up faster than others, and be nimble enough.

    No matter what type of entry point, if you enter the market correctly, usually the price will leave your cost zone quickly. Otherwise there is likely to be a problem.

    4. Have the right exit strategy. In day trading, unless you make a mistake or stop loss, you should never let the market decide when you will leave the market. You need to plan your exit in advance. There is no time or cost in day trading to wait for the market to signal an exit, which is quite important.

    5. Up the ante. I have already said that you cannot up the ante at will. Let me stress again that I am against up the ante in day trading, whether you make money up the ante or spread out the losses up the ante. The more the market develops, the smaller the position of the master. Up the ante is more difficult than the first entry of a new order, there are many factors to consider, and at the same time, the price is usually no longer so favorable. When it comes to threat and risk assessment and risk control issues, up the ante can complicate the situation and adversely affect the overall trade. Place only one bet at a time, and place your bets when you are most confident. Opportunities are limitless, and there is no need to make all the money at once.

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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.