Trading itself is not particularly difficult, but it is an extremely meticulous task, which is why I say that individuals with a rigorous and serious personality may be more likely to profit than those who are clever and flexible.

I often tell the traders in my team that they must be fully focused and pay attention to every detail when trading, as a small mistake can lead to significant losses. Therefore, everyone in the team is quite meticulous and serious.

In the past few days, I have reviewed my own trading operations and would like to share 9 operational details that are easily overlooked by many. These are the details I insist on doing daily, and I hope they can be helpful to you.

Skill 1: Stock trading technique, I only review the market after the trading session ends.

Many of us retail investors are not professional traders, and we do not have a complete trading system. Our psychological state is also not very stable, so we are easily influenced by market fluctuations.

When we watch the market, our attention is entirely focused on the minor ups and downs of the market. Even a small correction can make us feel very nervous. At such times, our operations become chaotic. We close positions early that we originally favored, and we impulsively open positions in markets we have not studied, only to get trapped.

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Looking back after the market has closed, we feel as if we were bewitched, and our trades are a mess.

Therefore, I suggest that people with poor self-control reduce the number of times they watch the market, or even avoid watching it altogether.

My personal habit is to review the market after the trading session ends because it does not involve the current market fluctuations, which will not affect my mood. This allows me to execute my trading plan rationally.

For example, ...For instance, in the stock market, I use the grid trading method to buy the ETF of the CSI 300 index.

My conditions for opening a position are as follows: I enter the market when the stock price falls to a low level, tests the support level, and forms a reversal candlestick; I add to my position when the price falls and forms a new reversal candlestick; after entering, I use the previous high as the target profit level for closing the position.

According to our trading plan:

(1) After the CSI 300 index experienced a significant decline and tested the support level of 3.760, we began to closely monitor the market. On October 12th, the market closed with a bullish candle, meeting our criteria for opening a position. The next day, after the market opened lower, we opened a long position.

(2) After executing the trading plan for the day, I no longer watch the market and only review it after the close. Every day after the market closes, I observe whether the market has reached a position to add to the position or to close the position. After opening the position, the market slightly consolidated and then fell sharply.

(3) On November 1st, after the market closed, I observed that a bullish morning star pattern had formed, which met the criteria for adding to the position. The next day, after the market opened lower, I added to the position. After adding to the position, I no longer observed price changes during the trading day and continued to only observe the trend after the market closed.

(4) When the market tested the previous high of 3.931 on November 15th, it met the criteria for closing the position. The next day, after the market opened, I closed the position. I then waited for the market to fall back and form a reversal candlestick to open a new position.

By observing and analyzing after the market closes each time and executing the trading plan the next day, it greatly helps the mindset. This technique is the result of my years of practice; it may seem ordinary but is very effective.

Technique 2: Use limit orders more often, and use market orders sparingly.

The operation of placing limit orders is the one I use the most in trading, mainly for two purposes: one is to reduce impulsive trading, and the other is to get a better execution price.When you engage in order placement trading, once your orders are set, you don't need to constantly monitor the market; you just need to occasionally check if the orders have been executed. When placing orders, we can also set stop-loss and take-profit levels simultaneously, which is very energy-efficient.

Many people enjoy watching the market closely during trading, panicking at the slightest loss, and getting nervous and fearful of a pullback at the slightest profit. Trading every day feels like going to war, causing a lot of stress and even sweating.

It is impossible to trade well under such mental conditions. That's why I often say that it's important to maintain a certain distance from the market. In terms of physical actions, this means reducing the time and frequency of monitoring the market, keeping your mindset stable, which is more conducive to making objective judgments.

Moreover, order placement trading usually enters the market after a price correction, which gives it a more advantageous entry price compared to spot trading in the actual trading process.

Do not underestimate the price advantage of order entry; a better opening price allows the order to become profitable more quickly. Traders can gain a psychological advantage sooner and can increase the profit-to-loss ratio, which is very helpful for subsequent trade execution.

Although this is a very small detail, the benefits over many years of practice are undeniable. Our success is built up from many tiny details.

Technique 3: When holding a floating profit, use technical pullbacks for short-term trades.

Most trends operate in a manner of oscillating upward or downward. During the oscillating decline, the profit from the position will decrease, and this is when our psychological pressure can be significant, worrying about whether the market will reverse and whether to continue holding the position. At this point, we can take advantage of the technical pullbacks in the market to make short-term orders in the opposite direction.

For example, when holding a long position with a floating profit, near the market's resistance level, and in conjunction with the pattern of the candlestick, make a short-term short position. After entering the short position, if the market falls, the short position generates profit, and the profit from the long position decreases, but the overall profit does not shrink significantly. After the market falls, near the turning point where the market starts up again for the second time, close the short position and continue to hold the long position.

Doing this can first alleviate the psychological pressure during the oscillating decline, and second, it can increase profits.Holding a long position with a market fluctuating upwards, when the price tests the resistance zone near 1.161, there is an expectation of a deep correction, and after forming a reversal candlestick, a short position is entered with a stop loss set above the reversal candlestick.

At this time, hold both long and short orders simultaneously. As the market breaks downward and falls, the floating profit in the account does not decrease due to the profit from the short position.

After the market stabilizes after a downward correction, when a second upward breakout pattern is formed, close the short position and continue to hold the long position.

Note:

(1) Operating both long and short positions simultaneously has certain execution difficulties and is not recommended for novice traders.

(2) Do not focus on too many varieties at the same time. Operating both long and short positions is a "fine work" in trading. Too many varieties can easily lead to mistakes in operation.

(3) The technical correction points need to be grasped very accurately, and the position of the correction order should be less than the floating profit of the previous position.

Technique 4: Set the candlestick interface on the trading software to be simple and uniform in color, which is very helpful for technical analysis.

Candlestick charts are something we have to deal with every day, and we have to look at them every day. According to color psychology, clear and gentle colors can increase readability and ease of reading, enhance intuitive interaction, and improve recognizability.

Moreover, if what we see every day is clear and clear colors, the brain will send signals to our endocrine system, releasing hormones of gentle emotions, which is also conducive to stabilizing our mentality.As technical analysts, we are tasked with identifying numerous patterns daily, so the readability of these patterns greatly affects the speed at which we make decisions.

In the same market trend, the left side of the chart is cluttered with various candlesticks in indistinguishable colors, making it a dizzying sight. On the right, however, the graph is simple and clear, allowing one to easily discern the patterns. The black moving average is very conspicuous on the chart, offering high readability and recognizability.

Many people overlook the settings of their charts. Whenever I post a chart, everyone asks, "What software do you use? It's so clear." In fact, we all use the same software; it's just that I take the time to set it up more clearly. I have a habit of adjusting the chart colors to a light black and white scheme, adding only the indicators I frequently use. You can do the same; it's very effective.

Tip 5: Be an independent trader.

Trading is a serious and personal matter.

The money in our accounts is hard-earned, not picked up from the ground. We must be responsible for every penny we have.

When uncertain about something, many people instinctively seek help from others or discuss it with them to gain a sense of affirmation, which in turn bolsters their confidence in their decisions. However, this is a big no-no in trading.

This is because everyone has different judgments on direction, entry and exit points, position sizing, and the indicators and timeframes they use. They all have their own criteria. Once a discussion begins, the insecurity in human nature is triggered, leading to doubts about one's trading strategy. This can result in indecision and losses in trading.

In the book "The Crowd: A Study of the Popular Mind," there is a saying that when people are in a group, their intelligence is severely diminished. To gain acceptance, individuals are willing to abandon right and wrong, trading their intelligence for the sense of security that comes with belonging.

Therefore, when trading, avoid falling into this mental trap. Try to find a relatively quiet environment where you can think independently, develop, test, and adjust your strategies on your own, and finally execute them independently.As for the feeling of loneliness, it is certainly there, but in the face of making money, this faint sense of loneliness is nothing. You will understand when you reach the point of real profitability.

Tip 6: Do not disclose your positions to others.

As mentioned earlier, traders should be solitary and responsible for their own orders. Once you reveal your positions to others, it can easily lead to problems.

Many people enjoy criticizing others' trades, which is an unchangeable human nature flaw. So, once you publish your positions, there will inevitably be opinions of agreement or disagreement, which will definitely affect your trading.

For example, you were originally bullish, and your entry point was very clear, but at this time, 100 people tell you that the future will definitely be bearish. Would your hand be as firm when placing the order?

Or, suppose you are in a floating profit position, and the market reverses. You are already a bit uneasy, fearing the shrinkage of profits. At this time, 100 people tell you to close the position quickly to avoid having no profit at all. Can you resist not closing the position?

Moreover, many people have vanity in their positions. First, they feel embarrassed if they are wrong, and second, they feel poor if their positions are small. So, to prove themselves very capable and impressive, it can lead to trading distortions.

I have seen many people on the internet who are very high-profile in announcing their positions. Without exception, after a period of loud noise, they suddenly disappear.

Because human nature is like this: afraid of being ridiculed when wrong, and wanting to show off when right. But in trading, everyone is equal; you cannot be right all the time, everyone will be wrong, and right or wrong is just a matter of probability.

So often people ask me: "Brother Ba, what do you think about my order?"I usually say: I won't judge your single transaction, but it really depends on your overall trading strategy, whether it has been tested and refined, and proven to be sustainable and profitable. If so, just stick to it and don't need to ask others.

Moreover, as a cultured trader, let's not casually comment on others' positions. None of us has the ability to predict the future, and sometimes a thoughtless remark of yours might inadvertently affect others' gains and losses.

Skill 7: You can execute trades on your mobile phone, but try to use a computer for market analysis and to formulate trading plans.

Nowadays, everyone likes to trade on their mobile phone because it's convenient, but if you really want to do a good job of technical analysis, a computer is necessary.

The k-line charts on the computer are larger, which is more conducive to analysis.

When the k-line chart zoom level is the same, the number of k-lines visible on the PC end is 4-5 times that of the mobile phone, allowing us to analyze from a more global perspective.

On the mobile end, it's easy to only observe a very small area and form a wrong analysis. The smaller the angle of observation, the smaller the pattern, the more likely trading is to get into a rut, and you may not even realize it when you make a mistake.

The software features on the computer are more abundant.

For example, we can compare and analyze multiple periods of charts side by side, quickly switch periods, draw lines for analysis more conveniently, and zoom in and out of k-line sizes more conveniently. These features are all helpful for analysis and trading.

The mobile end is like the scenery seen from the ground, while the computer end is like the scenery seen from the top of a building; there is still a very big difference between the two.Of course, the portability of mobile devices is much higher, allowing for trading anytime and anywhere. Therefore, it is recommended that everyone use a PC for market analysis and to formulate trading plans, and then execute trades on mobile devices, complementing the strengths of both.

There is also a significant advantage to this approach: we can separate planning from execution. We can analyze comprehensively, calmly, and objectively on the chart, and strictly execute on the mobile device. This also helps us to carry out our plans effectively.

Skill 8: Keep your desk tidy.

I spent some time in a trading room before, where it was always filled with smoke, everyone's mood was irritable, and the desks were often cluttered with bottles and cans, all sorts of miscellaneous items.

I have a certain sense of ritual when it comes to trading. There shouldn't be too many items on the desk. It's best to have paper, a pen, and a cup of coffee or tea, so as not to distract my trading attention and to facilitate note-taking at any time.

Sometimes, you can also place a stress-relief tool on the desk. When encountering unfavorable trading situations, you can squeeze this tool to remind yourself to calm down. It's a great psychological hint.

Additionally, during trading, I put my phone outside the room, so the entire room is filled with only quiet computers and books, which helps me quickly enter a calm thinking mode without any distractions.

Trading is an activity that requires a high level of concentration. Therefore, a cluttered desk can make your thoughts more chaotic and your mood more irritable. With many noises affecting your attention, it's difficult to trade well.

This point is often overlooked by others. A quiet, clean, and noise-free environment can help you enter the state more quickly and is very conducive to profitability.

Skill 9: Don't take the market too seriously; the more you disregard it, the more it favors you.Just like in a romantic relationship, if you act more like a fawning admirer, eagerly pursuing a girl without improving your own qualities, it will increasingly repel her.

The market is the same; if you don't establish your own trading strategy and rush into trades on a whim, the market will only look on coldly, slap you in the face, and take your money.

Our most important task is to study our own trading strategies, rather than focusing all our attention on the next moves of the market.

The more frequently you monitor market changes and your current positions' profits and losses, the greater its impact on your emotions, to the point where it can even manipulate them.

A recent popular term is "PUA" (Pick-up Artist), and I've found that many traders are being "PUA'd" by the market. No matter how the market torments or abuses you, you still love it and are full of expectations for it.

There's no need for this. We should maintain a certain distance from the market, earnestly study our own trading strategies, formulate comprehensive trading plans, and strictly implement them. By remaining indifferent to the market's ups and downs and not being affected by short-term gains and losses, but only looking at the long-term future, the market will have no power over you.

Today, we'll discuss these nine techniques. Although they are subtle points, they are often overlooked. Trading is a victory composed of many small details, and we should grasp every detail.