MysteryMan-

Bollinger Bands Practical Tips: Spot Buy and Sell Points at a Glance!
Tip 1: When the three Bollinger lines are upward, buy at the middle band and sell at the upper band.
Tip 2: When the three Bollinger lines are downward, buy at the lower band and sell at the middle band.
Tip 3: When the three Bollinger lines are flat, buy at the lower band and sell at the upper band.
Tip 4: When the three lines open downward, the stock or futures may decline.
Tip 5: When the three lines open upward, the stock or futures may rise.
Tip 6: When the three lines converge, wait and observe for the next direction.

A diagram to understand trading essentials: support lines and resistance lines:
Resistance level: The price level where selling pressure encounters resistance during an upward move, making it difficult for the price to continue rising Support level: The price level where buying interest appears during a downward move, halting the decline and stabilizing the price
Four Main Formation Factors
1. Moving Average System
Uptrend: Moving averages (MA5, MA10, MA20) act as support
Downtrend: Moving averages act as resistance
Practical: When the price retraces to key moving averages, rebounds or faces r

Afraid of stop loss? You’re not afraid of getting liquidated or holding on, so what are you afraid of stop loss?
Think about it, what is Get Liquidated? It means the account is completely zeroed out, the hard-earned principal is turned to ashes, and the ultimate failure of being deprived of any chance to turn things around. What about holding positions? It's watching losses snowball out of control, being unable to sleep at night, living in fear, praying that the market will show mercy and allow you to "break even," but the result is often exhausting the margin or being forced to cut positions