For me, this wave is done again. Tomorrow, a new journey will be started.Before there is a clear signal:Are you ready for tomorrow's transaction? How to arrange your position? Is there a high throw plan when the market rises? Is there a plan to cover the position when the market falls?
An excellent trader will make full preparations before the market opens to deal with various possible market conditions. Instead of trading aimlessly, they will make trading strategies according to risk parameters. They are well prepared because they have made a trading plan and everything is under control. They make action plans every day, so no matter how the market changes, they know how to deal with it.For me, this wave is done again. Tomorrow, a new journey will be started.In my eyes, the market will not end, but just begin.
Judging from the K-line chart, a new Yinxian line is actually a false Yinxian line. As I said yesterday, there is a great possibility of opening higher today, but opening higher does not mean that we can catch up. The trend of K-line on October 8 is still vivid, and investors should keep it in mind. There may not be many people chasing up today, but after a baptism of rising and falling, the process is still uncomfortable.Are you ready for tomorrow's transaction? How to arrange your position? Is there a high throw plan when the market rises? Is there a plan to cover the position when the market falls?Finally, I make some model deduction for the future market trend. I maintain my previous view that the market needs quantity to be released before it can choose its direction. Although the volume can be released today, it is mainly the result of the main selling, not the buying volume. If the volume can surpass today in the later period and the market index closes higher than today's highest point (3494.87 points), this may become a new starting point.