1. Have keen market insight and sufficient viewing time.
2. Being able to promptly identify the short-term hotspots in the market. In fact, there are always a few stocks that ignore the overall market trend and emerge from outstanding short-term trends, while driving the entire sector. Our short-term trading target is to choose stocks that are widely concerned by the market, but most people are still hesitant and afraid to intervene.
3. When selecting stocks from popular sectors, it is important to participate in the leading stocks with the strongest trend, rather than participating in stocks that are rising or following the trend for the sake of financial security.
4. The most important thing in ultra short term trading is to set a stop loss point. Remember that short-term trading is speculation, and once speculation fails, you must have the courage to cut losses and exit. This is an iron discipline. When you decide to engage in short-term trading of stocks, you should have the principle and mindset of "fast in and fast out, run if you win, and run if you don't win".
5. Setting a target position is even more important when doing ultra short term trading. Sell on Dayang Online. In principle, if you make a profit of 3% or 5% at 3 or 5 o'clock, you will be eliminated. Can you make more with less! If one day you suddenly pull out a bullish candlestick of more than 5%, it is precisely when you need to be eliminated the most.
6. The principle of being eliminated in the super short term is that once a stock's rise reverses, it will be eliminated. If the stock price falls below the 5-day line or is lower than the closing price of the previous two days (the 2-day moving average is flat) or the previous three days (the 3-day moving average is flat), it will be eliminated. This is a better way. If you want to run at a better price, you can first determine that the daily chart is not very good, and when the 30 minute line falls below the 30 minute 10 minute moving average during the trading session, it is considered as an exit signal.