Trading Checklist - Is Trading Mode Ready?

OptionProMax
2022-06-28

Regarding the topic of trading mode, if you want to talk about it in detail, it will not be finished at all. This article briefly talks about some common content. The content is not necessarily complete, but I hope it can arouse everyone's thinking and further improve their own trading.


This article is only a record of personal investment thinking, and does not constitute any investment advice. The pattern is different and the position is different. It is for reference only.


People often complain that a certain stock of theirs has been sold again, or that a certain stock has not been bought and has made a profit of 100 million. Many people will feel very sorry when they see this situation. In fact, the essence of it is that the money does not belong to them. . Your trading mode or original intention of trading determines that this operation will end like this.


Before each operation, I think everyone has a reason to support the next operation, and will not buy and sell without reason. Therefore, if you often regret your actions, you might as well spend 30 seconds before each action to briefly record the reason for the action, so that even if you regret it later, you can know why you acted like this. , at least to know where the problem is.


Closer to home, in fact, different trading conditions often require different operating modes, but because everyone’s trading experience is different, the income gap in different quotations is often very large. So I talked about a topic before, the issue of trading rhythm, in fact, the essence is to find your own trading mode. There are many trading modes. The purpose of this article is to expand the circle of competence after you find the mode that you are best at. After all, everyone wants to make their abilities stronger.


In the previous article, I wrote a trading checklist - do your own section division. The purpose of this post is to let everyone accumulate more targets, so that when the market comes, you can participate faster. The purpose of this article is more about techniques, accumulating more moves, accumulating more trading experience, and applying different modes in different market conditions.


There are three common market conditions, rising, falling, and sideways. There are also many types of rises, rapid rises and shock rises. In different markets, different strategies are often required. Of course, if you are optimistic about a stock, it is all the same, so your thinking directly determines your operation in different market conditions, and this is also the root cause of the final sale or loss of money.


In actual trading, many people do not make such detailed divisions, and I do the same, so I have been doing some reviews recently, and then I will sort them out. Because I like to do trend trading, I prefer unilateral market, and I know the unilateral market, such as the very good bulk market in the first few days of this year, I am most familiar with wti futures, other I really don’t understand the target of the U.S. stock market at all, so the whole market is basically missed. The only thing I know about $ Occidental Petroleum (OXY.US) is an afterthought, because I really don’t know much about this one.


For the falling market, I rarely go to the bottom of the market now, because I have experienced the tragedy of buying the bottom and increasing the position and falling at the beginning of the stock market. Fortunately, there was little money at that time, so I will remember not to buy the bottom after that, because once the crash comes, it will be irrational. Falls tend to destroy prices. At this time, bottom-hunting, if you do it right, you will get very high profits, and if you do it wrong, the price will be very high. Don't always envy how much money others make by bargain-hunting. This is a reward for the brave. For example, many people envy the people who bought the bottom of Weilai for $1. In fact, many of these people started bargain-hunting from $5 or $3 to $2. . Even if it starts to buy the bottom at 2 USD, it will be nearly halved when it falls to about 1 USD, which is unacceptable for many people.


For example, in the early days of the market, you can choose to do ETFs. For example, in the recent wave of Hong Kong stocks, because you were just busy, you directly bought twice as long as the Hang Seng Technology Index $South and doubled as long as Hang Seng Technology (07226. HK)$, this is a relatively lazy approach. Anyway, Chinese stocks have been doing well recently. Buying such ETFs, on the one hand, the heavily held stocks are relatively scattered, and they will benefit to some extent when they rise. , can make up for the defect of less volatility of the index to a certain extent, and sometimes it is indeed a good choice. For example, the Nasdaq ETF (SQQQ.US) has a similar reason. It has continued to fall some time ago. $South is twice shorting the Nasdaq Index (07568.HK) and $ProShares is three times shorting the Nasdaq Index ETF (SQQQ.US). After all, this type of ETF is directly done. , you don't need to keep staring, and it's not an option, so you don't need to worry about time value. And the combination of these two targets is about equal to shorting the Nasdaq within 23 hours, which is very convenient.


For example, I like to do trend trading. If you want to do a relatively stable trend, you need to participate after the trend is formed. If you want to earn more, then you need to participate as soon as possible before the trend is formed. Striking a balance between more reliability and higher yields requires constant practice. For example, combining more other data, such as the macro environment, market trends, potential positive and negative events, and similar historical trends can all assist judgment to a certain extent.


This article is the last of this series. There are many things that need more practice to have more insights. When I have more ideas, I will share with you. There is no need to rush investment, just move forward slowly.


$Tesla Motors(TSLA)$ 

$Nasdaq100 Bull 3X ETF(TQQQ)$ 

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Comments

  • Ice678
    2022-06-29
    Ice678
    Learning from you, thanks
  • zp1989
    2022-06-29
    zp1989
    good read
  • MojoStellar
    2022-06-29
    MojoStellar
    thanks for sharing
  • BurnellStella
    2022-06-29
    BurnellStella
    Thanks for sharing, your post is great.
  • GeraldLee
    2022-06-29
    GeraldLee
    공유 해 주셔서 감사합니다!
  • Wil17
    2022-06-29
    Wil17
    Wat is next move
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