How do forex traders are stable and profitable?

The turmoil in the foreign exchange market and the reefs have created a surge in the ups and downs of the exchanges, which has brought infinite vitality to foreign exchange investment. So, how do forex traders achieve stable profits? Theory is the most important part of actual combat. The theory of foreign exchange entry error leads you to make losses again and again regardless of the wrong decision. Therefore, in order to do a good job of foreign exchange, you must have a solid theoretical foundation. How to place an order, in what position, what direction is the order? This question is very important. I don't know if you are looking at this problem and how to do it. First of all, we have to come to a technical analysis before the order (no premise of data). Selected object (currency: such as Pound US), what is its current long-term trend, what is the medium-term trend, and what is the short-term trend? It is very easy to see these three questions. I think everyone will know that this is not to say these three questions. But there is an important question that must be said, that is, the definition of the trend, its formation, this does not know how everyone defines. For it, my definition is that a trend is a direction formed by a mainstream bias in which price changes are agreed within a particular cycle. The change in the direction of price represents the transformation of long-short power and the embodiment of the participants' ideology. The trend is here, we have done this, can we place an order, it is far from being able, it just gives us a general direction. Since it is still not certain that there are still important issues that have not been resolved? Yes, now it’s the second important question before the order is placed: the reference cycle. Before you start placing an order, you must give yourself a position, you are a day trader (ultra-short-term), or a short-term trader (holding overnight, two to three days), mid-line traders, etc! After the positioning is determined, the reference period should be selected for its own positioning. Here's an example: for example, ultra-short line: This method does not take a long time, so of course, it will not use a long period as the main reference standard. Generally, fifteen minutes is selected as the main reference period, and one hour is the trend direction period, and five minutes is the approach reference period. This approach is to use small obedience to the large cycle resonance approach. Take advantage of the trend and do not make a contrarian order. The main direction is one hour, and the main reference cycle direction must be consistent with the long direction cycle. If you want to get a good entry point, look for the resonance of the approach cycle. Trends and Reference Cycles Two important order issues have been resolved here. The remaining issues that are not considered too heavy are the position and profitability calculations and the stop loss. Positions believe that many people know that more than 20% of the order position is considered a heavy position. This is a universal understanding, and here I want to give you a new understanding. The position problem involves statistics and is an important part of fund management. The number of positions in the order, this combination of the accuracy and profit-loss ratio of your own operating system. I don't know if you know what you are calling the operating system. I have not mentioned much in my first theoretical paper. Here is a question about the profit-loss ratio: what is the ratio of profit to loss, the literal solution is the ratio of profit and loss, the detailed point is the ratio between the profit and risk brought by your system every day, and my 3 to 1, the profit is 3, and the loss is 1. This is a short-term system, usually overnight. The short-to-earth system has a profit-loss ratio of 1 to 2.5, a profit of 1, and a loss of 2.5. Two different systems have two different profit-and-loss ratios. The ratio of profit and loss also determines the accuracy of the system. The lower the profit-loss ratio, the higher the accuracy of the system. When you say it and go back to the system, stop it first. Discuss the last question: stop loss. At the same time as the order is placed, the stop loss must follow. 12 next page last page