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The images can't be uploaded, so let me share some points I want to make here. A few days ago, the market was extremely volatile. The upper zones 2 and 3 are very important areas, both experiencing 0 pullback. I had two orders that hit stop loss at 500 points. Fortunately, I had set stop losses. In July, my previous orders had already achieved more than 10 consecutive wins (based on 300-400 points stop loss). However, I hit stop loss twice in a row in zones 2 and 3, and there was one order that also hit stop loss after testing zone 2 on a 15-minute chart. This made me realize the importance of stop loss. We set stop losses to avoid such extreme market conditions. After hitting the stop loss, I actually felt quite good and relieved.
1. There is no 100% market trend; what we need to do is always look for positions that have an 80-90% probability of a pullback, and our stop loss is to avoid the 10% chance that will happen.
2, you must not lose confidence just because of consecutive stop losses. I remember the morning before yesterday, I was worried that some people might lose confidence, so I specifically made a voice call and talked with them for nearly two hours, encouraging everyone to continue to stick to the trading plan. Such extreme market conditions occur only once or twice in one or two months, and having a good stop loss is the best protection. I also emphasized that area 4 can continue to be traded, and the market will not be as urgent as it was the day before yesterday. It's similar to the 92300-92600 range, where the market has changed direction. Even if it continues to rise sharply later, it will do so in a fluctuating upward manner. The market will oscillate here for a long time, so the upcoming market conditions will not be so scary. Everything will return to normal, and the stop loss order has already made back the profit from one order.
Above all, key levels for placing orders, stop loss, execution ability, and patience are all indispensable indicators.