Today is the 77th day of my dynamic posting, and I haven't missed a single day. Each post is not done half-heartedly, but rather with careful preparation. If you think I am a serious person, you can follow me, and I hope the content every day can help you. The world is big, and I am small, so please follow me to make it easier to find.


Learn to master the magical Fibonacci trading method. The rise and fall of the market follows a pattern, and the key is hidden in mathematics. The golden ratio's divisions can accurately predict support and resistance levels in the market. The practical application consists of three steps: first, choose the high and low points; second, draw the maximum limits; third, wait for key signal levels. 61.8 is the strongest reversal, 38.2 is the boundary for short-term bullish and bearish, breaking through 23.6 indicates trend acceleration, and 161.8 extension captures the continuation of the market. Have you learned it?
Why do we always want to wait a little longer when losses occur, even though we have set a stop-loss? Why do we always run away early when it’s not even time to take profits? Today, I will reveal the biggest psychological disposition effect of traders. What is the disposition effect? In trading, simply put, it is the instinctive fear of losing the money we have gained, leading us to secure our profits, while in the face of losses, people tend to fantasize about a market reversal. As a result, they end up holding onto their losses, which only gets worse, and this is the fundamental reason why you always cut profits short and let losses run. If you want to break this situation, I can help you.
1. Opening a position must include a stop loss. Whether it's based on a percentage or a specific point, you need to set a specific stop loss point. If the stop loss line is broken, act immediately. Remember, what you are losing is just the cost of trial and error; do not hesitate.
2. Let profits run. Set a trailing stop for profitable positions, taking as much as possible. If the floating profit exceeds 10%, immediately move the stop loss to the cost price, which protects the cost while allowing profits to run.
3. Look for a risk-reward ratio; a single profitable trade can offset three losses, and that is your trading advantage. Remember, the difference between top traders and ordinary people lies in whether they can be as vigilant with profitable trades as they are with losing ones, and as decisive with losing trades as they are with profitable ones.
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