When you enter the market, the market may not immediately follow the direction you judge. At this time, you need to give the market a period of time. The market may be retracement confirmation, or it may be washing the market. The market will take time to unfold. Before the marke

(This article is compiled by the official account Yuesheng Guide (yslc688), for reference only and does not constitute operational advice. If you operate by yourself, pay attention to position control and risk at your own risk.) The real risk of

does not come from the market, but from our trading

Control trading risks The first level: Entering

High entry points can keep traders away from risks. A good entry point will not appear from time to time. It may require the hunter to wait for a day, a week or even half a year. Therefore, no matter how optimistic you are to a target, you must be patient and wait until the market gives you a clear signal.

1. Sometimes, if you see the market in the future, but you don’t have the patience to wait for the market to give you an entry signal, you will still lose, but you will lose miserably. (Jesse once missed a large profit on cotton because he didn't have the patience to wait for the market signal.)

2. Sometimes, when you are optimistic about a target, in order to wait for the most accurate and certain entry signal, you may have to watch it rise for a while. You must let your prey get closer and closer!

3. This entry signal must be given by the market! It is not internal news, not by analysts, stock reviews, relatives, or friends! It is not that the stock price is very low, the PE is very low, and the valuation is very low.

Control trading risks Second level: Trading volume

Speaking of trading volume, what will public traders do?

1. I only have that little money, and every time I buy anything, I will have a full position in and out.

2. In order to prevent risks, I never had enough positions and bought more than a dozen to diversify my investment.

controls trading risks third level: Appear

enters the market and also invests positions. The rest is to wait for the result and appear. Regardless of the good or bad results, you will appear when it is time to appear!

1. Stop loss exit

When you enter the market, the market may not be running immediately in the direction you judge. At this time, you need to give the market a period of time. The market may be pulling back and confirming, or it may be washing the market. , The market development takes time. Before the market proves that you are wrong, you must hold it patiently!

But one day, the market does tell you that if you do the wrong direction, you must show the courage to cut off your arm and get out bravely! At this time, don’t have any fantasies!

Stop loss setting tips:

Stop loss amplitude has different settings amplitudes depending on the degree of risk tolerance, general trend, and experience. But the maximum loss cannot exceed 10% of your principal, and you must not cross this line! And be careful to use the stop loss market. For example, when you have already been out of the stop loss for three consecutive transactions, you need to stop trading. Regardless of the market, you must stop first, because there is already something wrong with your trading. It may be that the trend has gone bad, it may be that your judgment of the buying point is wrong, it may be that your current mentality is very bad, but no matter what the reason is, you must analyze it slowly after you stop trading. Stop trading is your first measure to get out of danger!

2. Take profit and exit

There is no banquet that will last forever. No matter how rich a stock has brought you, there will be a day of breaking up. Don’t believe in those nonsense words that will never sell when you die. Simply put, when a stock can no longer bring us profits, it is the time to break up. You must avoid profit-taking and use your technology and experience to make appropriate regulation, that is, constantly adjust your profit-taking standard line. The moving average we are familiar with is actually a figurative expression of a trend, which works to stop profit and does not have any support or resistance. If a trader does not know how to draw a trend line, he can use the moving average to stop profit, but the best thing is still the trend line he draws himself, so that he can keep making the trend line close to the market trend according to market changes. This will make the most profit and be eliminated in time.

Similarly, like entering the market, the exit signal must be given by the market, that is, the original trend has reversed under the action of external forces! Never guess the bottom and top of the market. The selling signal must be clear, not an indicator, not a dead cross, nor is it a hanging line! Let me emphasize here: the dead cross and hanging line of the indicator are also very clear signals, right? As long as it matches your system rules and maintains consistency, don’t think it’s very low when you use the indicator. You can become a master with bare hands and empty fists, and you can still become a master with a knife and a sword

When we grasp and control the above three variables, profit is a natural product. In the long run, your trading win will definitely be greatly improved, at least I am!

The practical significance of pulling up at the end of the trading session:

The role of the operation of the tail-track

late trading is a summary of the long-shou fighting for one day, so the closing index and closing price have always been valued by market participants. The opening is the prelude, the intraday is the process, and the closing is the conclusion. The importance of the late trading is that it is in a special position that inherits the past and starts the future, which can not only review the previous market, but also predict the future market. It can be seen that its position in operation is very important.

The market characteristics of the late trading rise are generally manifested as: large orders accumulate rapidly in a short period of time; accompanied by large trading volume; the moving average does not change much; there are obvious traces of deliberate operations by the main force. As shown in Figure 1-1, the time-sharing trend chart of Ningbo Fubon (600768) on July 5, 2011. The last 5 minutes of the last trading session quickly reached the daily limit, the trading volume increased sharply, and large orders appeared several times the intraday trading volume. This is a typical main behavior.

The purpose of the main force pulling up in the late trading

(I) The main force is forced to grab the stock

The main force is forced to grab the stock in order to quickly build positions. The market performance is: the foodie's paying orders do not deliberately raise the stock price, but the selling orders are too small, and the stock price is forced to rise. This situation is rare. Generally, funds suddenly receive good news, such as major matters will be announced the next day, and they are forced to grab the stock at the end of the trading day.

(II) The fraud line when the main force shipped

The main force pulled out the space for stock price to swing in the late trading, preparing for the next day's fluctuation of shipments or suppression of shipments. This purpose is more common. After the sharp pull in the late trading session, it is easy to achieve a large positive line on the K-line chart. Although it is sometimes just a small positive line or a negative line, the pull-up in the late trading session also perfectly modify the K-line chart, reducing the stock price's decline on the day, avoiding the daily K-line becoming a panicking bald, barefoot big negative line, or creating the illusion that the daily K-line has a supportive effect with the lower shadow. Therefore, in many cases, although the positive line pulled out at the end of the trading session is very beautiful on the daily K-line, its actual appearance may be that the stock price falls throughout the day, and only a false positive line was created at the end of the trading session, which is what we often call "scam line".

Most of this happens when the main product has not been fully shipped or the strength is not good. It needs to be quickly raised and then shipped the next day.

(III) The main force uses graphs to wash the market

When most retail investors in the market are shouting "The wolf is coming" to the end of the market, the main force will do the opposite, using a small amount of funds to pull out the washing space, and suppress it significantly the next day, which can effectively scare away those short-term floating chips that are restless in the trading session.

The stock has risen to a certain level, and there are too many profitable orders and need to wash the market to clean up floating stocks. What if the main force wants to panic at this time and does not want to kill too deeply to avoid being snatched from cheap chips? Naturally, it is to pull up first and then kill down, but if it is pulled up during the trading session, since the profit-making market has already made a lot of profits, it will continue to sell during the pull-up process, and normal pull-up is thankless. At this time, if the main force chooses to pull up in the late trading, and opens low and closes the next day, or even directly kills a limit down, the stock price will not fall deeply and the effect will be good. As shown in Figure 1-8, Tibet Development (000752) hit the daily limit at the end of February 24, 2009, and then began a significant wash-up.

Figure 1-9 is its daily chart. At that time, the market was in a major adjustment for several consecutive weeks. After the main force rose, it also took advantage of the trend to break out several mid-yin lines. With the help of the decadence of the general trend, the panic market was shaken out, but the overall decline of the stock was not deep, which was not much different from the stock price on February 17 when the market began to adjust.

(IV) The main force builds momentum for the later pull-up

At some point, the market environment is not ideal, the market confidence is insufficient, the trend of individual stocks is consolidated throughout the day, and the long and short balance are balanced. The main players have already eaten up enough chips and do not want to give the cheap chips to others. They must be eager to start the market and quickly leave the cost zone. Then they will deliberately rise up at the end of the market, which can artificially create a big positive line on the daily K-line chart, showing confidence in going long.

As shown in Figure 1-4, Rizhaogang (600017) hit the daily limit at the end of November 5, 2008. This kind of late-market rise occurred in the early stages of individual stocks' pull-up, because the market was weak and lacked popularity at that time, and the main force needed to quickly start the market.

From the market, we can judge this way. If the stock price hovers at a high level all day and finally hits the daily limit, it shows that the main force has a strong determination to go long. If the stock price hovers at the second-highest level all day, the market rises or retches at the end of the day, and the buying is full of popularity, it means that it may open higher or continue to rise tomorrow, and short-term capital buying will pour in to push the stock price to a higher price or even the daily limit.

It should be noted that the main force in this kind of situation deliberately draws pictures, which is completely contrary to the "scam line during shipment" we discussed earlier. Its purpose is to artificially increase the stock price, create a long atmosphere, and "break out a bloody road" in a complex environment, attract the market's followers , and build momentum for the later pull-up. For example, Huaxi Village (000936), as shown in Figure 1-6, rose rapidly in the late trading session on June 26, 2009.

How to tell if the late trading pull-up is an opportunity or a trap?

Individual stocks that quickly pull up in the late trading need to be comprehensively analyzed in combination with stock prices and K-line patterns.

1. If a stock is running in a slow rising channel, and the stock price suddenly rises at the end of the trading day, it is conducive to the accelerated rise of the trend and K-line pattern. It is in the early stage of the rise, you can track and pay attention appropriately, otherwise you should wait and see.

The above chart is the K-line and time-sharing trend chart of 002619 Julong Pipe Industry on August 16, 2016. The stock price has been running in a slow rising channel. At the end of August 16, Julong Pipe Industry suddenly pulled the stock price from -1.28% to the red market. A cross star K-line closed throughout the day, and the volume narrowed significantly, sending a bullish signal. In the next half month, the stock price rose by nearly 50%.

2. Individual stocks that fluctuate at high levels often experience rapid increase in stock prices at the end of the trading day. Such stocks should be vigilant, especially during the trading hours of each day, which basically maintains a volatile downward trend. At the close, large buying markets actively push up the stock price, leaving the daily K-line in a fluctuating or bullish pattern, covering up the traces of the main force's shipment.

The above chart is the K-line and time-sharing trend chart of Monvalli on August 8, 2016. The stock price started on July 27, with a large volume rising rapidly, closing two crosses at a relatively high level. Judging from the August 8th time-sharing chart, the early trading plunged rapidly and fell 3%. It was suppressed by the time-sharing moving average and fluctuated at a low level. It ran around the time-sharing moving average in the afternoon. As the closing approached, the main force suddenly pulled the stock price by nearly 1.5%, closing a K-line with a long lower shadow throughout the day, giving people the illusion of strong support below. In fact, it was to cover up the main force's intention to ship, and the stock price fell back to the start position the next month.

3. The stock price is instantly raised at the end of the trading day, and it is necessary to distinguish between two differences: a rapid pull and an infinite rise. [a] The probability of a high pull-up of volume is that the main force is fighting against each other. From the trading stage, we can see that many large orders and integer orders are buying large numbers. In this case, 80% of the ten major traders deliberately show off their strength to retail investors to show them, and lure the trend of the trend; [b] The infinite rise is a sudden stimulus, and the off-market funds are eager to enter, and the stocks can easily reach the daily limit without increasing volume often show two meanings: one is that the main force is reluctant to sell, and the other is that the chips are highly concentrated. In this case, the infinite pull-up, especially the daily limit, can definitely be higher in the future.

[Explanation of case of emergency pulling in the late trading:]

The trend and trading volume of the whole day are very normal, but the stock price rose rapidly within half an hour of the closing of the late trading. Or the whole day transaction is relatively active, with a significant downward trend, but there is a sharp pull-up move at the end of the trading session.This is usually manipulated by funds. Let's see their intention:

1. For the next day's "high opening"

2. Protect the market

a. If the stock price trades several boldly at the bottom of the day, but the stock price does not fluctuate significantly, it is likely to be the exchange of chips between the main players. This is the market maker's protection behavior of retrieving the stock price back to the normal price;

b. If the stock price is boldly suppressed to a low level during the session, but there is no obvious sign of backhand longing, it indicates that the market maker is reducing its position or boldly starting to escape; after a weak stock price falls briefly, it is a situation of shock and washing the market.

3. The market makers who are preparing to raise

to complete the establishment of positions will often choose to suddenly raise the stock price in the late trading session, and will continue to quickly rise to the daily limit on the second day, not giving investors regular opportunities. This is also the reason why everyone often sees that individual stocks obviously hit the daily limit in the late trading session, but are inexplicably very strong the next day.

4. Accounting

The fund must calculate the net value in each quarter. The last day at the end of the quarter is the net value calculation day. In order to increase its market value, the fund usually raises its own stocks at the end of the quarter.

When listed companies are in annual accounting and settlement, in order to see the company's books profits better and obtain support from investors or banks, they will often arrange specific trading behaviors to boost the stock price at a specific time.

However, generally, after these two situations, the stock price will automatically be restored to its original position.

First minute stock selection and warning formula:

TYP:=(HIGH+LOW+CLOSE)/3;

CCI:=(TYP-MA(TYP,14))/(0.015*AVEDEV(TYP,14));

CCI correction 1:=EMA(EMA(EMA(CCI,2),2),2);

CCI correction 2:=EMA(EMA(EMA(EMA(CCI,3),2),2);

CCI correction 2:=EMA(EMA(EMA(EMA(CCI,3),2),2);

X:=(CROSS(CCI correction 1,CCI correction 2) OR (CCI correction 1 =CCI ​​correction 2))

AND CCI correction 1=-101 AND CCI correction 1=ref(CCI correction 1,1)

AND ref(CCI correction 1,1)-101

RSV:=(CLOSE-LLV(LOW,9))/(HHV(HIGH,9)-LLV(LOW,9))*100;

K:=SMA(RSV,3,1);

D:=SMA(K,3,1);

J:=3*K-2*D;

K1:= EMA(EMA(EMA(EMA(K,2),2),2);

D1:= EMA(EMA(EMA(EMA(D,2),2),2);

J1:= EMA(EMA(EMA(EMA(J,2),2),2);

Y:= J1 ref(J1,1);

X AND Y;

The formula code is copied and caused some format errors. If it cannot be imported successfully, you can ask me to get the source code!

If you want to know more about the current operation skills and formula codes of the A-share stage, or if you have any doubts, you can follow the official account Yuesheng Guide (yslc688). More future market operations and stock technical analysis methods are waiting for you to learn, and there will be a steady stream of practical things!

Remember these sixteen words, you will never lose stock trading in your life

Whether it is the stock released by the banker, the stock introduced by a good friend, or the one you choose yourself, as long as you insist on "the stock is there, the stock is there, the stock is increasing, the stock is decreasing, the stock is decreasing, the stock is decreasing, the stock is decreasing, the stock is decreasing, the stock is decreasing, the stock is decreasing, the stock is decreasing, the stock is decreasing, the stock is decreasing, the stock is decreasing, the stock is departing, the stock is departing, the stock is departing, the stock is departing, the stock is departing, the stock is departing, the stock is departing, the stock is departing, the stock is departing, the stock is departing, the stock is departing, the stock is departing, the stock is departing, the stock is departing, the stock is departing, the stock is departing, the stock is departing, the stock is departing, the stock is departing, the stock is departing, the stock is departing, the stock is departing, the stock is departing, the stock is departing, the stock is departing, the stock is departing, the stock is departing, the stock is departing, the stock is departing, the stock is departing, the stock is departing, the stock is departing, the stock is de

The so-called "potential" can be an upward channel, an moving average system, or a certain indicator, because your trading cannot be based on feelings without substantial basis, right? Of course, this refers to most traders, because most traders pursue technical speculative arbitrage, and some students who trade based on fundamental valuations and other transactions do not have to get into a stubborn position.

has "momentum", what is "momentum"? For example, the stock price is running on the rising channel or the moving average bull arrangement.

has "momentum", "momentum is in", what is "momentum is in stocks"? For example, when the stock price is running on an upward trend of an upward channel or a moving average long arrangement, you can hold stocks and go long. If you are not investing in stocks, do you want to invest in the upward trend? Of course, this is when ordinary retail investors are not profitable in our A-share market.

So, what is the increase in stocks? This is simple. The upward momentum is becoming more and more obvious, the rhythm is getting stronger and stronger, and the rising channel begins to have a slow angle like climbing. As the angle increases, it starts to look like walking, and then it runs into the main rise. . . This is a process of increasing potential. As the initial momentum becomes less obvious, the operator is becoming more and more bold, and the number of chips is being placed, which means that the stocks are increasing.

What is the trend reduction and stock decline? What is the trend reduction?

For example, the stock in the rising channel runs from 45° to 60°, then reaches 75°, and finally enters a vertical pull-up of 90°, and then turns to 75°, 60°. , this is the obvious momentum reduction, and the holdings of shares will of course decrease as the momentum weakens. The so-called trend moves in stocks, when the upward trend weakens to fall below the upward trend, it no longer constitutes the most basic condition for holding stocks, that is, the trend moves in stocks, so of course, the trend moves in stocks.

With these sixteen words, after the momentum turns long, he intervenes decisively, and after the momentum turns short, he appears decisively. Don’t clearly break the position, and still talk about increasing positions and adding positions. Going long frantically, don’t clearly establish an upward trend, and still be bearish and short. It can easily reach the level of a speculative expert who cuts off losses and allows profits to run.

Statement: This content is provided by Yuesheng Strategy and does not mean that the Investment Express recognizes its investment views.