To manage your trading mentality well, you must first become your own "psychological coach" rather than the market's "emotional slave". Imagine that the market is like a grumpy child, jumping up to the sky with excitement one moment and rolling on the ground crying the next. Your task is to stay calm and not be "emotionally out of control" by it.
First, don’t let fear and greed “kidnap” you. When the market goes up, don’t get so excited that you dance and think, “I’ll buy a yacht tomorrow.” When the market goes down, don’t get so scared that you can’t sleep at night, as if “the sky is falling.” Remind yourself: market fluctuations are normal, just like weather changes, there will always be sunny days and cloudy days.
Secondly, learn to unplug the plug at the right time. If the market makes your heart beat faster and your blood pressure rise, turn off the screen, take a walk, and have a cup of tea. Trading is not an endless "tense marathon". Taking a break at the right time can keep a clear mind.
Furthermore, **set reasonable goals and risk tolerance**. Just like when eating a buffet, don't be greedy. Know how much you can eat so that you can be satisfied without getting bloated. Set a profit target and stop loss point to ensure that each transaction is within a controllable range. Don't fantasize about "getting rich overnight" and don't give up because of a mistake.
Finally, **keep learning and reflecting**. Trading is a process of continuous improvement. Failure is not terrible, but not learning from it. Just like playing video games, every "Game Over" is an opportunity to start over. Next time you will be more skilled and calmer.
In general, to manage trading psychology well is to make yourself a "calm person" in the market, not be led by emotions, and maintain rationality and clear thinking. No matter how strong the market is, you must be the one who walks with an umbrella, not the little piece of paper that is blown away. #TON #Ripple于诉讼中取得部分胜利 #Ronin跨链桥安全漏洞