The way to trade, don't rush or get impatient

1. Always be patient

The market is not always a suitable market, and even if it looks good, it will operate according to its own rules. Similarly, due to the retracement period, you may not be able to make money in the short term.

Even so, be patient and don't lose your mind and start to forget your rules. 90% of the position explosions are not caused by misjudgment of the market, but by losing patience, increasing positions, and deformation of operations after executing orders.

2. Survival is more important than anything else

Always remember that money can't be earned, but the balance in our account is limited. As long as there is money in the account, there are unlimited possibilities. But if you want to fight on impulse, it is no longer a transaction, but a gamble, and your destiny is no longer in your hands.

Always be conservative and then conservative again. A foreign currency account of $1,000 is actually the same as a foreign currency account of $100,000. When you can make $2,000 with a $1,000 account, you can increase the amount. You are not lucky to exchange one thousand for one thousand, but you can't help but put all the money into your account.

3. We must dare to accept losses

I have seen many people lose their minds after losing money, operate randomly, fail to abide by their own trading system, and cause more losses. Exchanges should dare to accept losses. It is normal to lose money. Give yourself a bottom line. How much you lose indicates that the trading system should be revoked and redone, otherwise it will be strictly in accordance with the system.

If you are wrong, admit the loss and close the position. Never think that "If I keep increasing the number of hands, I don't believe in this evil", "As long as this order is carried down, I will operate rationally", which is the standard mentality of gamblers.

In short, as long as you use your heart, control your emotions, and try to stay rational, you are likely to make a profit in the foreign exchange market. I hope that all newcomers can patiently exercise their trading level, do not have a gambling mentality, and become a winner with stable profits. #以太坊ETF批准预期 #美国大选如何影响加密产业？ #山寨季何时到来？ #美联储何时降息？ #德国政府转移比特币 $BTC $ETH $BNB