continues to quote the beginning of yesterday's article because I feel that this passage is particularly suitable for this week's market.
People who take drugs think they can control it at first, but the feeling after taking drugs makes people linger, so they are naturally addicted. Once they take drugs, if they don’t quit drugs, they will inevitably go to the extreme of destruction. The same is true for trading in
. Ultra-short-term trading is like taking drugs. It makes money the first time, which is wonderful; it makes money the second time, which is very addictive; it makes money the third time, and you will feel that you can conquer the market and you can make money as long as you buy it. In this way, your inflated mentality is soon from the road to destruction.
Chan Theory trading mainly involves fixing one's own trading level, and this level is related to one's own pattern and mentality tolerance. You have to withstand corresponding fluctuations when you do, and you will get the reward of what level you do.
Shanghai Index 5F level 0-5 is 5F level a+A, the 1F level trend starting from 5 is currently 1F level category trend , Next need to pay attention:
5F level:
1, forming the third type of buying point upwards
2, forming the third type of selling point downwards
3, continuing the central oscillation
4, central damage point
1F level:
1, forming a standard center
2, class trend small to large end upwards
00, technology stocks rebound on the market drove the entire oversold concept, last night The stock market is not good. After the opening of the morning, it can be found that A-shares did not absolutely follow the peripheral market. Although they opened low, the low opening is not large. The ChiNext is obviously stronger than the Shanghai Composite Index, and the sub-structure position conversion is so the focus today is on the ChiNext + technology stocks
operation plan: I put some short positions in the Dow Jones Industrial Average last night, and the external epidemic worsened, and the focus will continue to be on the Dow Jones Industrial Average. At the same time, the spring market ends around the Qingming Festival every year. Tomorrow is the last trading day of the Qingming Festival holiday. Regardless of the market, it is recommended to reduce positions or short positions, and I will talk about it after the holiday.
statement
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[Disclaimer] Investment is risky, so be cautious when entering the market. This article is a study and discussion from the perspective of Chan Theory. All remarks are for reference only and are not used as any suggestion basis for investors' trading. Operations based on this are at your own risk.