After three years of foreign exchange trading, it finally turned $20000 into $2 million

My trading system is very simple, tangent, trend line and moving average. To put it simply, with the naked eye. Visual trade.
For foreign exchange and other varieties, there is no special limit on the trading time frame period. It only involves in a trend variety, and follows the trend, from short to long, and from long to long. Generally, 4-hour structure frame chart is the main way to get in and out, but the trend of research and judgment is sure to be seen daily, weekly and monthly.
The larger the time frame, the more important the resistance and support. In the larger time frame, look for the key point of 4-hour intervention.
The trading frequency is not determined by ourselves, but given by the market. Strictly follow the opportunities given by the trading system, because the entry point must be the key point. Of course, it is not difficult to strictly set the entry point and stop loss point.
If stop setting makes it difficult for you, then you have a problem getting in. Through these years of trading, technology is not the most important!
It can be said that the most important fund management for leveraged trading is emotional management and scientific. The ability to decide the position size according to the risk reward ratio, extreme value of volatility and target value of trading varieties is not important. Because there is unconditional stop loss, only those who are not willing to accept losses value right and wrong.
To survive, stop loss ability is the key. As long as you live for a long time, you can learn more in the market and succeed.
When it comes to technology, my advantages lie in wave thinking and analysis of price fluctuation structure. In addition, almost all of us have the same idea.
Of course, to make money steadily, one technology is enough. For example, it's good to break through, build a warehouse, and have a high winning rate. It's great to keep consistent execution.
Many friends seem to be inclined to die on the trading time frame, trading frequency, stop loss space, and how many orders to place at a time. In fact, otherwise, these are living, not rigid.
Everyone makes decisions based on the opportunities, the risks you are willing to take and the expected profits. Everyone's personality is not the same, the time frame is not the same. You just need to trade your comfortable time frame. There is no difference between good and bad. The key is to keep the execution consistent within this time frame.
The only thing that is dead is to set the stop price and stop unconditionally.
Stop loss firmly and don't try to move the stop loss position. Even if you are lucky, you can't escape next time. The market will punish those who think they are smart.
Only those who deal with mistakes quickly and successfully can win vitality and brilliance.
The other is to adhere to their own trading system, where there is a signal to execute, where there is a profit, and where there is no signal to sell, they stick to it.
Trading what is the most difficult, stop loss difficult, adhere to a profitable position difficult.
It's useless to have the right idea. Only by transforming it into the right trading habit and melting it into the blood of a speculator can we succeed.
After cutting meat and sticking to it for many times, you will have a different level of trading, because cutting meat and sticking to it are very comfortable for you.
Everyone's personality is different, the time frame of operation is different. I'm looking at the wave band trend, looking for a 4-hour intervention point. I have a friend who does short-term according to 5-minute bulls, and the profit is higher than me.
Other people's desserts may make us poison.
Play whatever time frame makes you comfortable… Wrong will never let you fail, failure is their own greed and emotional, overweight positions, no stop loss.
In this battle of life and death, patience is as important as stop loss. Wait patiently for the key points.
To put it simply, we don't need to make forward-looking judgment on many varieties. If we can't see the trend, it means that there is no trend. All we have to do is wait for the trend to go on its own. Frankly speaking, I don't know where it is going to run. Just watch, don't participate, and don't gamble on the direction. We just wait for the trend to appear and establish itself, proving the strength, Just looking for something to buy.
In fact, what really matters is our courage and confidence at the door, as well as our determination to fight after mistakes.
So the uncertainty does not come from the market, but from our inability to control ourselves. Control your emotions and learn to gamble with chance.
The key to winning is not in the tools used, but in endurance.
The simpler the indicator of speculation, the better. General trend line and moving average is good.
Mastering the wave structure theory can open your mind and pattern. You can take a look at Eliot's wave theory when you have time. This theory is not to count the waves, but to cultivate this way of thinking.
I've read no less than 100 books on foreign exchange. Now I can hardly remember the particularly powerful experience and lessons in my mind.
Because it comes down to those two sentences, cut off losses and let profits run. This is a matter of personal trading habits, mentality and realm. After a long fight, I know it's all. Easier said than done.
As for the trading system, only 50% success rate is enough. Then comes the issue of consistent execution.
The result of market is the combination of human nature. When we have correct cognition and good trading habits, we can make full use of the human weakness of other market participants.
When you have enough experience, other people are very painful to do things, but you are very comfortable to do them. From this point of view, trading is in line with your character and trading habits for you.
Good behavior, good trading habits, successful results, positive feedback cycle, strengthen your trading behavior and habits…. In the end, it's all natural.
More mechanization, less fantasy. Follow the trend system, stop loss and stop winning.
Many friends are obsessed with superficial things like technology or capital management. In fact, we have only one enemy.
No matter how good strategy and technology you have, execution is the most important factor to make you live in this game. Another is patience, the most common and greatest quality in the world.
This period of time, let me have a more personal experience“ Only when you have the ability to be quiet can you have the ability to grow up. "
Impetuous to pursue some flashy things, or can't control their inner fear or greed, the result is a journey without victory or a game of abandoning youth.
Traders, but also dare to face themselves, accurate positioning. It is the highest sign of psychological maturity to know oneself objectively and correctly and to control oneself consciously with reason.
There are two situations in life: prosperity and adversity. Prosperity can be used for career development; Adversity can be used to temper the will.
Some of the darkness, only their own through;
Some pain can only be experienced by oneself;
Some lonely, but also their own taste. However, through the dark, we must be able to feel the temperature of the sun;
Out of pain, we can reach the height of growth;
Farewell to loneliness, we can also harvest the depth of the soul!
In fact, I always want to say more, but I don't know what to say. My predecessors have already said that, but I can't express it more clearly. I'm very ashamed.
Even if it is said, it still needs to be verified by practice. This is a long process of self growth, and no one can help.
In the end, it should be a state of no self and no move. Everything is a conditioned trading action that follows the market and habits.