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交易心理
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Dong Mingzhu once said, life needs to grow through struggle, and this saying is quite profound. The trading world is no different: If you walk in water fearing to wet your shoes, wrapping yourself up tightly like a zongzi, have you not lost the convenience of walking? When trading contracts, if you fear liquidation, you may adopt a light position strategy without hesitation; when trading, if you worry about significant losses, you only choose low leverage. You think you have cleverly avoided risks, but in fact, you may have fallen into another kind of blindness - perhaps you do not truly understand the crux of the problem, yet stubbornly insist like a fool, is this your current trading situation? #交易心理
Dong Mingzhu once said, life needs to grow through struggle, and this saying is quite profound.

The trading world is no different:

If you walk in water fearing to wet your shoes, wrapping yourself up tightly like a zongzi, have you not lost the convenience of walking?

When trading contracts, if you fear liquidation, you may adopt a light position strategy without hesitation; when trading, if you worry about significant losses, you only choose low leverage.

You think you have cleverly avoided risks, but in fact, you may have fallen into another kind of blindness - perhaps you do not truly understand the crux of the problem, yet stubbornly insist like a fool, is this your current trading situation? #交易心理
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Lost money in cryptocurrency trading? Don't worry, I'll teach you how to fight back in a few minutes! #交易心理 Teach you how to make money In the cryptocurrency trading industry, those who can make a fortune are all tough guys! They have experienced liquidation and huge losses, but they can always get up, sum up their experience, and have a steady mentality like an old dog. Cryptocurrency trading is like gambling, which is very exciting. There is no limit on the rise and fall, which makes people's dream of getting rich overnight within reach, but losing money is also common. If you want to gain a foothold in the cryptocurrency circle, you must first learn how to keep your principal. Don't get carried away after making a few 100% gains. A 100% loss can bring you back to the pre-liberation era. You must have a clear operation plan, how much to earn, how much to lose, when to stop profit, how to increase positions, how to stop loss, you must know it in your mind, don't be blinded by greed or fear. Follow the trend, don't always think about making small money by making a difference. You have to be patient, wait for the trend to be clear, find the leading coin, keep holding it, and don't get off easily. Over-trading is a taboo. The handling fees can drain you dry, and it is easy to miss the real big market. Psychological quality is very important! Cryptocurrency trading is a struggle with your own heart. You have to have a big picture, don't be nervous about the rise and fall of hundreds or thousands of dollars. You have to think about making big money, and don't take those small fluctuations seriously. The way of trading is your secret to making money. You have to understand the rules of the market and find your own trading logic. Don't be led by emotions such as hope, fear, and greed. You have to have your own stop loss point and your own investment plan, and don't be disturbed by short-term fluctuations. Finally, making money from cryptocurrency trading does not depend on what technology you use, but on whether you can be self-disciplined and patient. Sometimes trading is not about wisdom, but who can be patient and who can wait. Remember these, you may be able to find a chance to turn over in the currency circle! For the next layout direction, I will lead everyone to aim at the profit opportunities of copycats, especially those projects with great potential. There is no problem with the expected space of more than 10 times. If you want to make a lot of money in the bull market, like + leave a message, and I will lead you to layout the entire bull market. #灰度提交Horizen信托文件 #币安Alpha公布第6批项目 #比特币战略储备 $BTC $ETH $XRP
Lost money in cryptocurrency trading? Don't worry, I'll teach you how to fight back in a few minutes!

#交易心理

Teach you how to make money

In the cryptocurrency trading industry, those who can make a fortune are all tough guys! They have experienced liquidation and huge losses, but they can always get up, sum up their experience, and have a steady mentality like an old dog. Cryptocurrency trading is like gambling, which is very exciting. There is no limit on the rise and fall, which makes people's dream of getting rich overnight within reach, but losing money is also common.

If you want to gain a foothold in the cryptocurrency circle, you must first learn how to keep your principal. Don't get carried away after making a few 100% gains. A 100% loss can bring you back to the pre-liberation era. You must have a clear operation plan, how much to earn, how much to lose, when to stop profit, how to increase positions, how to stop loss, you must know it in your mind, don't be blinded by greed or fear.

Follow the trend, don't always think about making small money by making a difference. You have to be patient, wait for the trend to be clear, find the leading coin, keep holding it, and don't get off easily. Over-trading is a taboo. The handling fees can drain you dry, and it is easy to miss the real big market.

Psychological quality is very important! Cryptocurrency trading is a struggle with your own heart. You have to have a big picture, don't be nervous about the rise and fall of hundreds or thousands of dollars. You have to think about making big money, and don't take those small fluctuations seriously.

The way of trading is your secret to making money. You have to understand the rules of the market and find your own trading logic. Don't be led by emotions such as hope, fear, and greed. You have to have your own stop loss point and your own investment plan, and don't be disturbed by short-term fluctuations.

Finally, making money from cryptocurrency trading does not depend on what technology you use, but on whether you can be self-disciplined and patient. Sometimes trading is not about wisdom, but who can be patient and who can wait. Remember these, you may be able to find a chance to turn over in the currency circle!

For the next layout direction, I will lead everyone to aim at the profit opportunities of copycats, especially those projects with great potential. There is no problem with the expected space of more than 10 times. If you want to make a lot of money in the bull market, like + leave a message, and I will lead you to layout the entire bull market.
#灰度提交Horizen信托文件 #币安Alpha公布第6批项目 #比特币战略储备
$BTC $ETH $XRP
中国虎Ola Concepcion NRFy:
你好
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Skills of Successful Traders in Emotion Management: 1. Managing Emotions: Successful traders control their emotions, ensuring decisions are based on logic rather than impulse. They use self-awareness to identify and restrain impulsive behaviors, such as maintaining calm and focus through deep breathing exercises and meditation techniques. 2. Lifelong Education: Continuous learning and improvement is an important habit of successful traders. They are committed to constantly learning to stay ahead of market trends and refine their trading strategies. 3. Keeping a Trading Journal: Recording each trade helps reflect on decisions and improve future strategies. Through the trading journal, traders can identify the emotions and reasons for entry that led to losses, thus avoiding repeated mistakes. 4. Risk Control: Implementing robust risk management strategies protects trading capital and ensures sustainability. By controlling the risk of each trade within a certain percentage of account funds, traders can reduce the impact of emotions on decisions. 5. Accepting Losses: Successful traders view each loss as a cost of trading, set reasonable stop losses, and focus on long-term results, understanding that the profit and loss of a single trade do not represent overall performance. 6. Reducing External Distractions: Avoid excessive focus on market fluctuations and reduce information overload, choosing a suitable time frame for trading and filtering reliable information sources. 7. Using Simulated Trading Practice: Familiarizing oneself with strategies through a simulated account increases confidence in executing plans and adjusts emotional responses to losses without financial pressure. 8. Establishing a Calm Trading Ritual: Clearly define the day's goals before trading, assess market conditions, and avoid emotionally driven trades before the release of significant economic data. 9. Training the Mindset to Cope with Losses: View losses as learning opportunities rather than failures, and pause trading after a loss to reassess strategies. 10. Managing the Mindset After Profit: Avoid complacency, adhere to risk management after making profits, prevent relaxation of vigilance, and lock in profits after achieving partial goals to alleviate psychological pressure. #情绪管理 #交易心理 #商业思维
Skills of Successful Traders in Emotion Management:

1. Managing Emotions: Successful traders control their emotions, ensuring decisions are based on logic rather than impulse. They use self-awareness to identify and restrain impulsive behaviors, such as maintaining calm and focus through deep breathing exercises and meditation techniques.

2. Lifelong Education: Continuous learning and improvement is an important habit of successful traders. They are committed to constantly learning to stay ahead of market trends and refine their trading strategies.

3. Keeping a Trading Journal: Recording each trade helps reflect on decisions and improve future strategies. Through the trading journal, traders can identify the emotions and reasons for entry that led to losses, thus avoiding repeated mistakes.

4. Risk Control: Implementing robust risk management strategies protects trading capital and ensures sustainability. By controlling the risk of each trade within a certain percentage of account funds, traders can reduce the impact of emotions on decisions.

5. Accepting Losses: Successful traders view each loss as a cost of trading, set reasonable stop losses, and focus on long-term results, understanding that the profit and loss of a single trade do not represent overall performance.

6. Reducing External Distractions: Avoid excessive focus on market fluctuations and reduce information overload, choosing a suitable time frame for trading and filtering reliable information sources.

7. Using Simulated Trading Practice: Familiarizing oneself with strategies through a simulated account increases confidence in executing plans and adjusts emotional responses to losses without financial pressure.

8. Establishing a Calm Trading Ritual: Clearly define the day's goals before trading, assess market conditions, and avoid emotionally driven trades before the release of significant economic data.

9. Training the Mindset to Cope with Losses: View losses as learning opportunities rather than failures, and pause trading after a loss to reassess strategies.

10. Managing the Mindset After Profit: Avoid complacency, adhere to risk management after making profits, prevent relaxation of vigilance, and lock in profits after achieving partial goals to alleviate psychological pressure.

#情绪管理 #交易心理 #商业思维
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Last night indeed showed a downtrend, Tradingbox once again seized this opportunity. How did those fare who didn't close their long positions at the high yesterday? And those who opened short positions at the high yesterday, how did they do? #比特币 #交易心理
Last night indeed showed a downtrend, Tradingbox once again seized this opportunity. How did those fare who didn't close their long positions at the high yesterday? And those who opened short positions at the high yesterday, how did they do?
#比特币 #交易心理
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Bearish
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Trading is an amplifier of emotions, and you will be scared by your own weaknesses The panic of sudden plummeting The all-in heavy positions The difficulty of trading Is precisely because we are human, and as humans, we have emotions Emotions significantly affect us in trading, but emotions are also the source of creativity Some say that truly excellent traders are emotionless, but I think that's not entirely true Excellent traders have the ability to combat emotions, a mechanism to self-manage under emotions This is also part of the trading system Every trader knows that good trading requires a system But most people cannot tolerate a system that incurs losses When losses occur, they keep modifying the reference, until eventually even the key parts that were once profitable are modified Then the trading curve will gradually decline in an unstable spiral Even the legendary hedge fund manager Simons has said, "If you don't have a long enough time to follow your system, let it work and profit, then no trading system will work" You must know that this old man is a money-printing machine on Wall Street, a person who solved trading with mathematics Speaking of this old man, his Medallion Fund's return rate is almost unmatched, and it's based on continuously evolving quantitative models Such a system is akin to being emotionless, but the downside is that it cannot manage large funds, as this kind of cheat-like arbitrage has limited capacity in the market Therefore, a truly successful system needs to be consistently operated, it needs to be allowed to fail, the key lies in executing with iron discipline after a failure Only with a sufficiently long history backtest can one discern the patterns that arise Finding your trading advantage in historical searches, maintaining the advantages, while the disadvantages must be dealt with disciplined responses In the end, a good system is definitely not the one with the highest win rate What determines profitability is the magnitude and frequency of losses and wins, not just the win rate The key is whether you can consistently and sustainably operate your trading system All emotional consequences leading to serious outcomes are also due to the lack of a strictly enforced system #情绪管理 #交易心理 #人性的弱点
Trading is an amplifier of emotions, and you will be scared by your own weaknesses
The panic of sudden plummeting
The all-in heavy positions

The difficulty of trading
Is precisely because we are human, and as humans, we have emotions
Emotions significantly affect us in trading, but emotions are also the source of creativity

Some say that truly excellent traders are emotionless, but I think that's not entirely true
Excellent traders have the ability to combat emotions, a mechanism to self-manage under emotions
This is also part of the trading system

Every trader knows that good trading requires a system
But most people cannot tolerate a system that incurs losses
When losses occur, they keep modifying the reference, until eventually even the key parts that were once profitable are modified
Then the trading curve will gradually decline in an unstable spiral

Even the legendary hedge fund manager Simons has said, "If you don't have a long enough time to follow your system, let it work and profit, then no trading system will work"
You must know that this old man is a money-printing machine on Wall Street, a person who solved trading with mathematics
Speaking of this old man, his Medallion Fund's return rate is almost unmatched, and it's based on continuously evolving quantitative models
Such a system is akin to being emotionless, but the downside is that it cannot manage large funds, as this kind of cheat-like arbitrage has limited capacity in the market

Therefore, a truly successful system needs to be consistently operated, it needs to be allowed to fail, the key lies in executing with iron discipline after a failure
Only with a sufficiently long history backtest can one discern the patterns that arise
Finding your trading advantage in historical searches, maintaining the advantages, while the disadvantages must be dealt with disciplined responses

In the end, a good system is definitely not the one with the highest win rate
What determines profitability is the magnitude and frequency of losses and wins, not just the win rate
The key is whether you can consistently and sustainably operate your trading system
All emotional consequences leading to serious outcomes are also due to the lack of a strictly enforced system
#情绪管理 #交易心理 #人性的弱点
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What stage do we think the current bull market has reached, and how should we operate next? First of all, regarding contracts, because it involves relatively precise points and the market trends change too quickly, I will publish all the first-hand information and timely news in the Wealth Code. All fans are welcome to join the group to check. Click to enter >> [币安王牌KOL专属群(王不爱)](https://www.binance.com/zh-CN/service-group-landing?channelToken=yCyFzW865uL-iO9FqS9Rhg) So what operational suggestions are there for the spot market? Actually, I have mentioned in the videos over the past two weeks that when Bitcoin reaches a new high and gets close to $100,000, you can take profits on your spot holdings in waves, after all, securing profits is yours. Holding tokens all day and enduring their volatility every day is not real money earned by you. Why do I say this? We need to clarify the essence of the secondary market or finance—asset issuance. In stocks, this is called an IPO listing; their essence is essentially the same, only one issues stock securities, and the other issues cryptocurrencies. Once you understand the essence of finance, you will know that the project parties, market makers, and others you face are essentially following a logic of selling. So what is a bull market for them? It is for selling! So how do they sell? It is to sell after the token price rises. Thus, the logic for project parties and retail investors trading tokens to make money is the same: it is to sell during the rise. You need to understand this logic; holding on too tightly means running slower than others. The target of the project party's sales could be you, and you might end up being the one who gets harvested. Therefore, if you don't want to be harvested, you must gradually take profits during the waves; it is better to sell high than to be stuck. Think about how you felt during the recent downturn; that can give you some understanding. At that time, did you feel regret, thinking about why you didn't sell during the big rise a couple of days ago, and why it crashed today? As the saying goes, a fall into a pit brings a lesson. Since you've already experienced this inner pain, you need to remember that feeling and not let it happen again. #交易心理
What stage do we think the current bull market has reached, and how should we operate next?
First of all, regarding contracts, because it involves relatively precise points and the market trends change too quickly, I will publish all the first-hand information and timely news in the Wealth Code.
All fans are welcome to join the group to check. Click to enter >> 币安王牌KOL专属群(王不爱)

So what operational suggestions are there for the spot market?
Actually, I have mentioned in the videos over the past two weeks that when Bitcoin reaches a new high and gets close to $100,000, you can take profits on your spot holdings in waves, after all, securing profits is yours. Holding tokens all day and enduring their volatility every day is not real money earned by you.
Why do I say this?
We need to clarify the essence of the secondary market or finance—asset issuance. In stocks, this is called an IPO listing; their essence is essentially the same, only one issues stock securities, and the other issues cryptocurrencies. Once you understand the essence of finance, you will know that the project parties, market makers, and others you face are essentially following a logic of selling.
So what is a bull market for them? It is for selling! So how do they sell? It is to sell after the token price rises.
Thus, the logic for project parties and retail investors trading tokens to make money is the same: it is to sell during the rise. You need to understand this logic; holding on too tightly means running slower than others. The target of the project party's sales could be you, and you might end up being the one who gets harvested.

Therefore, if you don't want to be harvested, you must gradually take profits during the waves; it is better to sell high than to be stuck. Think about how you felt during the recent downturn; that can give you some understanding. At that time, did you feel regret, thinking about why you didn't sell during the big rise a couple of days ago, and why it crashed today?
As the saying goes, a fall into a pit brings a lesson. Since you've already experienced this inner pain, you need to remember that feeling and not let it happen again. #交易心理
向阳花Sunny:
感谢分享
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In the world of cryptocurrency, every fluctuation could be a new opportunity. Have you ever been forced to exit during a shakeout because you entered too early, or faced losses during a pullback after a breakout? Price fluctuations are the language of the market; set your stop-loss levels, give the market some space, and wait patiently. The core of trading lies in controlling emotions; don’t let fear affect your judgment. The hardest part is not the technique, but the iron discipline and strong execution. Unity of knowledge and action, strictly following your own rules, is the key to remaining undefeated in the market. I just fully bought BTC, the current price is 97469.7, and I expect the subsequent target price to break 100,000. #加密市场 #交易心理 $BTC If you are also passionate about the crypto market, feel free to like, follow, and share to explore more opportunities with me! #比特币战略储备 #加密市场反弹 #USUAL走势分析
In the world of cryptocurrency, every fluctuation could be a new opportunity. Have you ever been forced to exit during a shakeout because you entered too early, or faced losses during a pullback after a breakout? Price fluctuations are the language of the market; set your stop-loss levels, give the market some space, and wait patiently. The core of trading lies in controlling emotions; don’t let fear affect your judgment. The hardest part is not the technique, but the iron discipline and strong execution. Unity of knowledge and action, strictly following your own rules, is the key to remaining undefeated in the market.

I just fully bought BTC, the current price is 97469.7, and I expect the subsequent target price to break 100,000. #加密市场 #交易心理 $BTC

If you are also passionate about the crypto market, feel free to like, follow, and share to explore more opportunities with me! #比特币战略储备 #加密市场反弹 #USUAL走势分析
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Since the liquidation on January 3, Lao Yang has disappeared for a week and a half. During this period, I carefully reviewed the problems that occurred in the previous trading system and readjusted the quantitative strategy. I was optimistic about the swing strategy before, and only went long but not short. In principle, there was no problem. However, a big mistake I made was "going long against the trend." I learned a long time ago that trading should go with the trend, that there will be multiple small cycles within a large cycle, and so on. Where are the previous strategic issues: 1. I am optimistic that the big cycle will rise, so I go long in the swing band. But I ignored the small period of decline, and what I was doing was a contract. Once the market was smashed and the pin was inserted, I would lose completely. The price of the previously optimistic currency has also begun to rise) 2. I love to carry orders too much, and the small cycle will fall, but I also think that the big cycle will rise, and I am unwilling to cut the meat, which leads to the final liquidation of the position. 3. Too many targets were opened. Although the contract value of each target is small, the overall volume is large. In the subsequent trading system, I will temporarily eliminate the swing strategy and focus on short-term and medium-term trading without taking orders. You will probably follow the following options: 1. Respect the short-term trend and stop losses in time 2. Because this time it returns to the medium and short term, if the trading signal is suitable, we will consider opening a short order. 3. Do a good job in cost control, avoid opening too many bids, and only focus on the leading ones. 4. In special circumstances, manual intervention will be performed. For example, in the third point, the leader will be manually selected (it needs to be done in combination with the news), and the strategy will be fine-tuned in real time. That’s it for now. If I have more thoughts about the trading system, I will add more later. #交易心理 #交易技术
Since the liquidation on January 3, Lao Yang has disappeared for a week and a half. During this period, I carefully reviewed the problems that occurred in the previous trading system and readjusted the quantitative strategy.
I was optimistic about the swing strategy before, and only went long but not short. In principle, there was no problem. However, a big mistake I made was "going long against the trend."

I learned a long time ago that trading should go with the trend, that there will be multiple small cycles within a large cycle, and so on.

Where are the previous strategic issues:
1. I am optimistic that the big cycle will rise, so I go long in the swing band. But I ignored the small period of decline, and what I was doing was a contract. Once the market was smashed and the pin was inserted, I would lose completely. The price of the previously optimistic currency has also begun to rise)
2. I love to carry orders too much, and the small cycle will fall, but I also think that the big cycle will rise, and I am unwilling to cut the meat, which leads to the final liquidation of the position.
3. Too many targets were opened. Although the contract value of each target is small, the overall volume is large.

In the subsequent trading system, I will temporarily eliminate the swing strategy and focus on short-term and medium-term trading without taking orders. You will probably follow the following options:
1. Respect the short-term trend and stop losses in time
2. Because this time it returns to the medium and short term, if the trading signal is suitable, we will consider opening a short order.
3. Do a good job in cost control, avoid opening too many bids, and only focus on the leading ones.
4. In special circumstances, manual intervention will be performed. For example, in the third point, the leader will be manually selected (it needs to be done in combination with the news), and the strategy will be fine-tuned in real time.

That’s it for now. If I have more thoughts about the trading system, I will add more later.
#交易心理 #交易技术
My Futures Portfolio
0 / 200
Minimum 10USDT
Copy trader have earned in last 7 days
-170.47
USDT
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-16.67%
AUM
$852.15
Win Rate
65.38%
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#交易心理 Zhao Yi once said: "Learning language is difficult when you are young, but it is only half-finished. When you are old, you will realize that it is not achieved by force. One-third of the people and seven-thirds of the heaven." When we are young, we work hard to learn a certain skill, but we are still not proficient enough. Therefore, we will blame ourselves for not putting in the effort to study. However, when people get older, they realize that in many cases, the proportion of manpower is often very small. It is only 30% human affairs and 70% God's will. Perhaps God's will is the invisible hand hidden behind our backs. There are some things that we need to do our best and believe that "God rewards hard work". However, for some things, it is better for us to stop the loss in time. If we can't do it, let ourselves choose another path. $BTC $ETH $ORDI
#交易心理
Zhao Yi once said: "Learning language is difficult when you are young, but it is only half-finished. When you are old, you will realize that it is not achieved by force. One-third of the people and seven-thirds of the heaven."

When we are young, we work hard to learn a certain skill, but we are still not proficient enough. Therefore, we will blame ourselves for not putting in the effort to study.

However, when people get older, they realize that in many cases, the proportion of manpower is often very small. It is only 30% human affairs and 70% God's will. Perhaps God's will is the invisible hand hidden behind our backs.

There are some things that we need to do our best and believe that "God rewards hard work". However, for some things, it is better for us to stop the loss in time. If we can't do it, let ourselves choose another path.
$BTC $ETH $ORDI
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Bullish
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It is very difficult to judge the general direction, and the real opportunities to make big money are also in the general direction. I didn't miss the general direction, so I stayed at the table. But we don’t need and can’t catch all the small trends and small bands in the middle. You can’t make all the money in the market. Ten opportunities, 100%. If you can earn 20%, you are already very good. If you can earn 40%, you are already a top expert. Anyone who can earn 100% is a liar #交易技术 #交易心理
It is very difficult to judge the general direction, and the real opportunities to make big money are also in the general direction.

I didn't miss the general direction, so I stayed at the table.

But we don’t need and can’t catch all the small trends and small bands in the middle. You can’t make all the money in the market.

Ten opportunities, 100%. If you can earn 20%, you are already very good. If you can earn 40%, you are already a top expert. Anyone who can earn 100% is a liar
#交易技术 #交易心理
--
Bullish
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Why do people fight to the death when they lose money, but run away when they make a little money? Let's take a look together!! #交易心理 Let's first look at an experiment that economists did in a domestic factory more than ten years ago. The subjects of the experiment were divided into two groups of workers. At the beginning, they told one group of workers that if they could complete the specified production tasks this month, they could get a bonus of 1,000 yuan, while the other group of workers were told that they would have a bonus of 1,000 yuan this week, but if they failed to complete the task, the money would be deducted. The results of multiple experiments were surprisingly consistent. The efficiency of the second group of workers was much better than that of the first group. The explanation given by psychology for this phenomenon is called loss aversion. 1,000 yuan is a gain for the first group of workers, but a loss for the second group of workers. Compared with the same amount of gains, human nature is more disgusted with losses. Any loss in life will bring pain, and we instinctively resist this pain, so we are unwilling to stop losses, at least hoping to get back our original investment. Besides, the joy of receiving a salary of 1,000 yuan is far less painful than losing 1,000 yuan on the street. In the process of our actual trading, our emotions after opening a position are anchored on the account principal. Once a floating loss occurs, we will instinctively hate it. This emotion will make us hold on to the end, and even increase the position with floating losses in an attempt to recover the principal. When our account has floating profits, we will instinctively think that the money is already ours. This emotion will prompt us to lock in the money and run away after making a little profit. In addition to research in the psychological and medical fields, it also provides a physiological explanation for loss aversion. There is a part of the brain called the amygdala, which is an important structure of emotion and memory. Animals with damaged amygdala on both sides lack the recognition and response to fear events. Once a person may face losses, the amygdala in the brain will become active, and people with damaged amygdala or naturally insensitive people are more likely to succeed in trading.
Why do people fight to the death when they lose money, but run away when they make a little money? Let's take a look together!!

#交易心理

Let's first look at an experiment that economists did in a domestic factory more than ten years ago.
The subjects of the experiment were divided into two groups of workers. At the beginning, they told one group of workers that if they could complete the specified production tasks this month, they could get a bonus of 1,000 yuan, while the other group of workers were told that they would have a bonus of 1,000 yuan this week, but if they failed to complete the task, the money would be deducted. The results of multiple experiments were surprisingly consistent. The efficiency of the second group of workers was much better than that of the first group. The explanation given by psychology for this phenomenon is called loss aversion.
1,000 yuan is a gain for the first group of workers, but a loss for the second group of workers. Compared with the same amount of gains, human nature is more disgusted with losses.
Any loss in life will bring pain, and we instinctively resist this pain, so we are unwilling to stop losses, at least hoping to get back our original investment. Besides, the joy of receiving a salary of 1,000 yuan is far less painful than losing 1,000 yuan on the street.
In the process of our actual trading, our emotions after opening a position are anchored on the account principal. Once a floating loss occurs, we will instinctively hate it. This emotion will make us hold on to the end, and even increase the position with floating losses in an attempt to recover the principal. When our account has floating profits, we will instinctively think that the money is already ours. This emotion will prompt us to lock in the money and run away after making a little profit.
In addition to research in the psychological and medical fields, it also provides a physiological explanation for loss aversion. There is a part of the brain called the amygdala, which is an important structure of emotion and memory. Animals with damaged amygdala on both sides lack the recognition and response to fear events. Once a person may face losses, the amygdala in the brain will become active, and people with damaged amygdala or naturally insensitive people are more likely to succeed in trading.
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🔥Why is position management the most important thing in trading?This year marks my 11th year of trading, and I have communicated with thousands of netizens. I found that more than 90% of my friends asked me questions about indicators, trading techniques, and identification of various trading methods, but few people cared about position management.In fact, position management determines your trading results to a large extent, so today I will talk about these points in detail:1: Why is position management not taken seriously?2: How does position management affect trading results?3: How to manage positions?Let’s talk about the first point first: Why is position management not taken seriously?

🔥Why is position management the most important thing in trading?

This year marks my 11th year of trading, and I have communicated with thousands of netizens. I found that more than 90% of my friends asked me questions about indicators, trading techniques, and identification of various trading methods, but few people cared about position management.In fact, position management determines your trading results to a large extent, so today I will talk about these points in detail:1: Why is position management not taken seriously?2: How does position management affect trading results?3: How to manage positions?Let’s talk about the first point first: Why is position management not taken seriously?
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The market is full of stories of getting rich quick, but the success of a trader lies in his ability to accumulate wealth gradually, not how much money he makes at one time. You have to trade as objectively as possible. #交易心理
The market is full of stories of getting rich quick, but the success of a trader lies in his ability to accumulate wealth gradually, not how much money he makes at one time. You have to trade as objectively as possible. #交易心理
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🤔What does it feel like when a trader has an epiphany? (Part 2)Do you really think that one epiphany is enough for trading? NO, NO, NO... I think that as a trader, especially a wild one, progress is made in the spiral process of continuous stupid comments and sudden epiphanies, ------ for example, like me In this way, each period will have a different feeling - making transactions is the fairest way for ordinary people to cross social classes - when I was in college and had not yet entered the market, I witnessed a neighbor in my hometown who used to collect rags. After speculating in futures, he flipped three tile-roofed houses to build a single-family villa, bought an imported car, and later became a friend of the county party secretary and opened a restaurant. I am the chosen one------I worked after graduation, had income, and entered the foreign exchange market. In one month, I made more than 9,000 dollars from 100 dollars. You can't gamble ----- Before you even step into the 10,000 dollar position, your position will be liquidated within 2 days, just because of the idea of ​​doubling it. Cannot gamble +1-----100 knives deposit, stud liquidation. Cannot gamble +2-----100 dollars deposit, stud liquidation. Can't gamble +N-----I lost half a year's salary. . . Resisting orders or adding positions with floating losses and spreading the cost are doomed to a dead end - depositing 1,000 dollars, resisting orders and adding positions with floating losses several times to revive the dead, but in the end the position is still liquidated, and the orders you have opened are continuous like dominoes. Do you have the experience of collapsing, breaking down, and being unable to open a hand until the last 0.01? The world is spinning. You must set a stop loss when opening an order - it is very uncomfortable to stop the loss, but after resolutely stopping the loss, the frequency of liquidation is greatly reduced. You can't make money in a volatile market. Even if you make money in the past, you will be rewarded by the trend later. To make money, you have to rely on the trend ------- The volatile market, high altitude and low price, seems simple, but in fact it is dangerous. It will blunt your understanding of the market. Perception of risk: As soon as you relax your vigilance, the trend will come and swallow up the meager profits earned in the volatile market. The only thing you can control is the loss, you can't control how much you can make - fix the loss you can bear, leave when you reach it, and think about whether you are suitable before trading. If you fail, your family's care and support are the strongest backing - when doing transactions, don't do it behind your family's back, and don't lose your care for your family. Life is not just about transactions. When you are burdened with hundreds of thousands of debts, although your family will It was uncomfortable but didn't put any more pressure on me. After understanding the cycle of trends and the relationship between large cycles and small cycles, it is nothing more than the cyclical operation of resonance and non-resonance. After only trading in the resonance market, the losses will gradually become smaller and the profits will gradually increase.You need a trading system, stick to principles, do simple things repeatedly, accumulate a little and make a big thing - you can form your own system and strategy, start to make profits, and your confidence will also increase greatly. . . . . . Trading is still going on, and past failures and successes are all valuable experiences. The key is to summarize, discard the bad ones, and internalize the good ones. Wish you good luck to yourself and everyone else! #交易心理 #合约锦标赛

🤔What does it feel like when a trader has an epiphany? (Part 2)

Do you really think that one epiphany is enough for trading? NO, NO, NO... I think that as a trader, especially a wild one, progress is made in the spiral process of continuous stupid comments and sudden epiphanies, ------ for example, like me In this way, each period will have a different feeling - making transactions is the fairest way for ordinary people to cross social classes - when I was in college and had not yet entered the market, I witnessed a neighbor in my hometown who used to collect rags. After speculating in futures, he flipped three tile-roofed houses to build a single-family villa, bought an imported car, and later became a friend of the county party secretary and opened a restaurant. I am the chosen one------I worked after graduation, had income, and entered the foreign exchange market. In one month, I made more than 9,000 dollars from 100 dollars. You can't gamble ----- Before you even step into the 10,000 dollar position, your position will be liquidated within 2 days, just because of the idea of ​​doubling it. Cannot gamble +1-----100 knives deposit, stud liquidation. Cannot gamble +2-----100 dollars deposit, stud liquidation. Can't gamble +N-----I lost half a year's salary. . . Resisting orders or adding positions with floating losses and spreading the cost are doomed to a dead end - depositing 1,000 dollars, resisting orders and adding positions with floating losses several times to revive the dead, but in the end the position is still liquidated, and the orders you have opened are continuous like dominoes. Do you have the experience of collapsing, breaking down, and being unable to open a hand until the last 0.01? The world is spinning. You must set a stop loss when opening an order - it is very uncomfortable to stop the loss, but after resolutely stopping the loss, the frequency of liquidation is greatly reduced. You can't make money in a volatile market. Even if you make money in the past, you will be rewarded by the trend later. To make money, you have to rely on the trend ------- The volatile market, high altitude and low price, seems simple, but in fact it is dangerous. It will blunt your understanding of the market. Perception of risk: As soon as you relax your vigilance, the trend will come and swallow up the meager profits earned in the volatile market. The only thing you can control is the loss, you can't control how much you can make - fix the loss you can bear, leave when you reach it, and think about whether you are suitable before trading. If you fail, your family's care and support are the strongest backing - when doing transactions, don't do it behind your family's back, and don't lose your care for your family. Life is not just about transactions. When you are burdened with hundreds of thousands of debts, although your family will It was uncomfortable but didn't put any more pressure on me. After understanding the cycle of trends and the relationship between large cycles and small cycles, it is nothing more than the cyclical operation of resonance and non-resonance. After only trading in the resonance market, the losses will gradually become smaller and the profits will gradually increase.You need a trading system, stick to principles, do simple things repeatedly, accumulate a little and make a big thing - you can form your own system and strategy, start to make profits, and your confidence will also increase greatly. . . . . . Trading is still going on, and past failures and successes are all valuable experiences. The key is to summarize, discard the bad ones, and internalize the good ones. Wish you good luck to yourself and everyone else! #交易心理 #合约锦标赛
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Bearish
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To become a successful trader, you must first become a capable loser. It sounds incredible, but it's true. Loss is a trader's ticket to success. Many people have always believed that the threshold for speculative markets is very low, so low that they can intervene without any preparation. However, the market requires everyone who wants to draw from it to pay a certain amount of tuition. We as traders unfortunately have to lose money to pay for our education. But along with the losses comes an experience of growth, which, if used correctly, will eventually produce fewer and fewer losses and more and more profits. #交易心理 #BTC
To become a successful trader, you must first become a capable loser.
It sounds incredible, but it's true.

Loss is a trader's ticket to success.
Many people have always believed that the threshold for speculative markets is very low, so low that they can intervene without any preparation.
However, the market requires everyone who wants to draw from it to pay a certain amount of tuition.
We as traders unfortunately have to lose money to pay for our education.

But along with the losses comes an experience of growth, which, if used correctly, will eventually produce fewer and fewer losses and more and more profits. #交易心理 #BTC
See original
During the bull market, the utilization rate of limited funds is very important! For example, if you want to make a short-term intraday transaction, if the price obviously does not change as expected within 10 to 15 minutes, then it is best to close the transaction; If you are doing a swing trade and expect the price to continue for several days, but a week goes by and the price is still moving sideways. This indicates that the price has not confirmed your judgment and the safe thing to do is to get out quickly. Beware of black swans! #交易心理 #资金成本下降
During the bull market, the utilization rate of limited funds is very important!

For example, if you want to make a short-term intraday transaction, if the price obviously does not change as expected within 10 to 15 minutes, then it is best to close the transaction;

If you are doing a swing trade and expect the price to continue for several days, but a week goes by and the price is still moving sideways. This indicates that the price has not confirmed your judgment and the safe thing to do is to get out quickly.

Beware of black swans!

#交易心理 #资金成本下降
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Bearish
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Trading rules do not come out of thin air. A trader's trading rules include his trading wisdom and the path to trade-offs. There are many opportunities and desires in the market, but traders who strictly abide by trading rules remain motionless, just waiting. He is waiting for his rules to be triggered, and he is waiting for the market trend he needs. This is also the difference between a master and a loser. Junior traders rely on feeling when trading. Top traders rely on rules to trade. #交易心理 #BTC #内容挖矿
Trading rules do not come out of thin air. A trader's trading rules include his trading wisdom and the path to trade-offs.

There are many opportunities and desires in the market, but traders who strictly abide by trading rules remain motionless, just waiting. He is waiting for his rules to be triggered, and he is waiting for the market trend he needs. This is also the difference between a master and a loser.

Junior traders rely on feeling when trading.
Top traders rely on rules to trade.
#交易心理 #BTC #内容挖矿