Ask Yourself Three Questions Before Trading

Many people ask, can I buy air conditioners from people selling them? Whether you can buy it or not depends on what your goals are. If you are an investor, and what you value is the company's value and growth, then you have to study the company's fundamentals. If you are a speculator, and you are doing fluctuating spreads, then it depends on which period of fluctuation you want to take, and how many days is it? Is it weeks or months? Find the corresponding cycle and look at the current situation. Will it go as you expected? You can't guess what will happen based on wishful thinking, but let the market tell you, look at it from the monthly and weekly lines.

Do you think he's ready to take off? I can't see it anyway. As for Ritu, who is currently attacking, can he capture this mountain? No one knows, and it doesn’t matter if you don’t know. You only need to answer these three questions. If you capture it, how far can you go? What are the chances that it will be reworked after it is captured? If you were reworked, where would you escape?

Have you ever been rafting? That's how trading is. Placing an order is like floating down from a mountain. Where your boat will float is actually determined by the market and you can't control it. The trading system is like your kayak, you have to control it to avoid sailing and hitting the rocks. Anyone who knows how to play knows that it is very satisfying to follow the current and float far and safe. Those who think they are very skilled have to fight against the current, which is both hard and dangerous. However, they do not think that they always blame the boat, the water flow in the river, or other people's boats for crowding them. A person with self-awareness can stop when the current is too strong and beyond his control. No one requires you to carry it through. Learning to give up is also a kind of wisdom. There are some people who are even more funny. They jumped in without even having a boat. They drowned half to death and climbed up and said that it was damn dangerous to drift and they had to go with the flow of the transaction.

Through these three questions, you can get the approximate winning rate of this transaction and whether it is a good deal, that is, the profit-loss ratio. As for whether to buy or not to buy, I believe you already have the answer.