#TradersLeague

I have never believed in the judgment of specific points in trading

In the past, I thought those who drew charts and provided support and resistance levels

were just charlatans

If the market were so easy to predict

then it wouldn't be called a market

These past few days I've been reflecting on my trading system

and found that there are too many limitations

One of them is the grasp of specific points

completely relying on luck

or rather

having no concept of specific points at all

just relying on the perception of volume and price turning points

or the market feeling at that moment

This has serious flaws

and directly leads to the determination of stop-loss and take-profit

entirely dependent on one's state of mind

Today I spent a whole day studying drawing tools

and I feel that the determination of specific points still has some rationale

It's not that a specific point will definitely be reached

but rather that based on these trend lines, one can roughly estimate

that the trend will likely be constrained within a certain range

So, here it is, sharing a research outcome

Around 9 PM tonight

104950

Setting a flag

No explanation

This research has employed all the analytical skills I've learned throughout my life

If it's wrong, we will continue to improve

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