Category: Money tips Release Date: 2006-01-09
1. So simple KISS Keep It Simple Stupid, simple to the point where no brain.
2. Ready to shorting when the momentum to do less long, not so many people crowded inside the market.
3. Price trend shows that the main trend is sideways, you can do the reverse operation several times, that is, when the market fell onto the bottom of the range to buy, rose to high range when you sell. Which direction will break it? Not sure. One thing is sure, once the closing price falls outside the range, there may be considerable fluctuations. If the market is still in the original range up and down, then stay in the sidelines when the market direction at any one breakthrough, which immediately Yue Shen.
4. The next resistance zone is in front of high-priced areas. In addition to buy over the warehouse, up on the way to establish two sub-pyramid-shaped positions.
5. Simply discipline, down to earth attitude and objective. Rather because of the wrong reasons to do things, nor with the "right reasons" is something wrong.
6. Long-term study of the historic seasonal price tendencies.
7. Is strictly prohibited and objective trend-tracking system to comply with trading rules.
8. "Market is only one side, not the bull side, nor is it short on the side, but on the side." - Li Womo.
9. The long-term goal of the operating system are: within the acceptable risk and how to seek capital appreciation, as well as how the funds withdrawn. The use of operational strategies to achieve these goals.
10. Emphasized that abide by the simple, basic, good financial management is very important doctrine.
11. The most important features: strict self-discipline; rely on their own; feet on the ground; seeking truth from facts.
12. In establishing the size and position on the frequency of transactions should be lower than the general standard.
13. Operations and excessive fees will increase at a loss. The operator will live with the mental and emotional state should have the situation completely opposite. Because of their favorable trend encountered, from beginning to end the operator should remain calm and favorable attitude, sitting position to make money, do not easily go to move it.
14. Solely on the length of time the decision to hold a long position is wrong. As long as the market in your favor, regardless of how long it should continue to hold down position. Let (1). Tube credit brokers; (2). Used by the operating system; (3). Graphical analysis of objective, to tell you when the market began to go against you.
15. A: to develop skills and strategies needed to get;
B: hit big fluctuations, take a position to make money and hold;
C: a set of system or technical means, can the loss out of control before, and quickly close out positions.
16. From the beginning not to make big money, but a substantial amount of money invested.
