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order chasing is a frequently used method of making orders, but because it is a transaction made when the price fluctuates violently, there is a great risk. If the operation is improper, then it is easy to cause losses in a very short time. How can you control the risk of losses by pursuing documents? This article provides you with the following single principle.
[1] when to collect documents. As mentioned above, chasing documents is a transaction made when the price fluctuates violently. Then the basic principle is to chase the order when the price starts to fluctuate violently. But how do we judge when prices start to fluctuate violently. There are mainly two situations: when 1. When the bit is broken. Break refers to the break of all K-line combinations. Including penetration, pressure position, support position, arc combination, channel, etc. 2. Before and after the opening time of European and US markets. Because before and after the opening of the European market and the US market, prices generally fluctuate a lot. So when the European market and the U.S. market can pay attention to the price changes before and after the opening, find the right price to pursue the order. [2] the profit closing principle of pursuing documents. generally speaking, once the gold price breaks, it will continue to move at least $3-5 in the direction of breaking, so if we chase for orders, our goal is to close positions after making a profit of $3-5. [3] operation skills of chasing documents. 1. Profit closing, not greedy. Generally speaking, when the price fluctuates violently, when you make a order, the price will change in the course of one second of the transaction. For example, once London gold breaks, the price will continue to move at least $3-5 in the direction of breaking, so if we chase orders, our goal is to close positions after making a profit of $3-5. . 3. Another good way to learn how to hang up and track down orders is to hang up orders. Even if the price changes within one second, your orders will still be closed at the price you originally made.
