- Build warehouses in batches
In the volatile market, the best way to operate is to choose wet storage to enter the market in batches. Take the 10% standard position as an example, enter 5% of the previous conditional operation position, and choose to enter the market at the resistance support position for the remaining 5%. The advantage of building positions in batches is to lift the average price and get closer to the ideal position.
- Stop loss setting
The volatile market generally needs to go through multiple trading days to organize the market, and the test of the resistance support position will also be tested many times. Of course, false breakthroughs are also very common, so the stop loss position should preferably overflow outward at the resistance support position 2 This at least avoids the embarrassment of breaking the stop loss due to false breakthroughs, and can also prevent large losses without stop loss in the breakthrough market. Especially the latter, after the shock time is too long, the possibility of breaking out of the unilateral is greater.
- Profit target
Take gold , which is often operated, for example, the volatile market generally fluctuates within 10 US dollars within a day. If the entry position is at the 2nd position, then basically a single order wins 4-5 US dollars in profit and can basically be out of the game. Or after reducing the position, leave it to break the position. If the direction is correct, the profit and loss ratio of the order will be very large.
- Resistance Support
The key to the volatile market is to grasp the position of resistance and support. As for how to find the resistance and support of the gold price , you can generally refer to the previous high and low points, and you can also refer to the 61.8% position of the golden section line.
- Operating position
The volatile market will not operate strictly according to the resistance support you have found. In many cases, it is only a close position. Therefore, in terms of operation, it is best to open a position at 2 points above the support position and open a position at 2 points below the resistance position. , so as not to miss the market.