​Trading Road: How to find the right trading product

The most likely misunderstanding that most novice traders are to blindly follow the trend. They tend to choose trading products that are sought after by everyone and seem to be successful, thinking that since everyone is doing it, it must be profitable. However, they ignore the core principle of trading symbol selection: based on individual in-depth testing and understanding, rather than blindly following others’ footsteps.

Each trading symbol has its unique characteristics and market trends and cannot be generalized. Therefore, finding and determining the trading type that suits you is the primary and critical step to successful profitability. Today, we will reveal the essential steps for selecting futures varieties, helping you accurately position among the many choices and discover the varieties that best suit your trading strategy.

1. Understand the value of each jump

First, we need to pay attention to the “value per jump”, that is, the amount of actual account profit and loss when the market jumps. For beginners, it is recommended to choose varieties with lower value per jump (such as 1 jump 10 yuan) because the margin and handling fees of these varieties are relatively low, which will help you survive in the market. Remember, trading is a marathon, not a sprint. Only by maintaining long-term survival can you have a chance to make stable profits.

2. Pay attention to trading volume

Trading volume is an important indicator for judging whether a product is suitable for intraday trading. The larger the trading volume, the better the liquidity of the market and the more suitable for intraday trading. Intraday trading emphasizes fast in and out to avoid overnight risks. Therefore, chooseProducts with large trading volume can make you more relaxed in trading.

3. Analyze intraday fluctuations

The profit margin of intraday trading often depends on the daytime fluctuations of the varieties. The greater the volatility, the higher the profit margin, and it is easier to find opportunities to enter and exit. For traders with impetuous personalities, choosing a product with high fluctuations can help them get a sense of satisfaction in a short period of time. But at the same time, it should be noted that varieties with large fluctuations also mean higher risks, so they need to operate more carefully.

IV. Find varieties of trend patterns

The product of trend rules is a blessing for traders. They tend to rebound at the support level and retrace at the pressure level, showing a predictability. Such a product makes it easier for traders to formulate and execute strategies. Therefore, when choosing varieties, you must pay attention to whether their trends are regular.

Five. Pay attention to the sense of rhythm

The rhythm of intraday trading is very important. Some varieties show a clear rhythm in day trading, such as continuous stop-profit or continuous stop-loss. Choosing products with a strong sense of rhythm can allow you to better grasp the pulse of the market and improve the success rate of transactions.

VI. Simplify the number of trading products

Don’t try to focus on too many trading symbols at the same time. People’s energy is limited, too many varieties will distract you and make it difficult to form an effective trading strategy. It is recommended that novices choose one or several varieties for in-depth research and testing until you can master their trends and rules.

7. Pay attention to the handling fee

Intraday trading requires special attention to the impact of handling fees. Choosing products with lower handling fees can reduce transaction costs and improve profitability. Therefore, when choosing a variety, you must carefully compare the handling fees of each variety.

8. Replay and simulation verification

Last but not least, verify your choices by reviewing and mocking transactions. Record the results and feelings of each transaction and analyze which varieties are more suitable for your trading style and strategy. Only after repeated practice and verification can you find a trading product that is truly suitable for you.

In short, the selection of trading symbols is a complex and long process. But as long as you follow the above steps and remain patient and determined, I believe you will be able to find the “Holy Grail” that will make you feel like a fish in the trading world.