🌟The Meaning of Discipline in the Long Term

. Trading gives us the opportunity to have unlimited freedom, most of the rules are created by us. It means that there are very few barriers so we can freely express ourselves, so it is also a double-edged sword if we do not establish a psychological system and commit to those principles on the inside. in your own method

. This psychological system must be formed from within, because unlike society, the market does not provide us with these things. The market gives us a system of signals to indicate upcoming opportunities, and that's it. Depending on each individual's perspective, there are no official regulations that apply to everyone.

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#16#kyluat #consistency #hype #system #longterm

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🌟Trading Psychology - Number 1

If you engage in a risky activity, you must of course be someone who has Status accepting the inherently risky nature of that activity. There is a huge psychological gap between these two types of ATTITUDES:

. You are the one who takes risks with the psychology of hope or fear, because you bet on trading orders, causing the principles of discipline to continuously be broken when trading.

. You truly ACCEPT the risks inherent in each trade, to achieve consistency in your trading work.

Trying to avoid something that is unavoidable will have disastrous effects on your ability to trade successfully, so find ways to adapt to it accordingly.

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15 #thaido #trangthai #tamly #risk #system

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🌟Technical Analysis & Fundamental Analysis

. If you can explain WHY by explaining Market Psychology on key points of the price chart, then you truly understand what Technical Analysis and Fundamental Analysis are.

. Technical Analysis shows that prices can be moved by traders' irrational temporary feelings of hope or fear rather than by fundamental factors related to long-term supply and demand fluctuations. Basic

. Long-term predictions are difficult to exploit, even if they are accurate. In contrast, technical analysis not only bridges this reality gap, but it also stands ready to help traders take advantage of unlimited market opportunities.

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14 #TA #FA #psychology #market #MarkDouglas

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🌟Relation between the Market and Trading Methods

. Trading is about choosing the right time. We can predict the upcoming movement of the market quite easily, but choosing the right time to buy or sell is very difficult.

. Every trading method aims to determine the right time to trade, but it can still be difficult to grasp. There are times when we choose a bad time but still trade successfully just because we are patient and don't use high leverage.

P/s: Follow according to Trend & Entry according to Bias

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13 #market #phuongphap #timing #xacsuat #map

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🌟How Bookies Make Market Prices

. Amateur traders easily get caught up in too many orders, the time frame is too short, the volume size is too large, etc. In retrospect, it all comes from bad qualities such as lack of confidence in abilities (fear of missing out), greed (only seeing benefits but not losses), anger (when you lose, you're bitter, trying to get over it), infatuation ( knew it was wrong but still tried to keep the order). So a trader with sustainable profits is usually quite mature in terms of emotions and personality.

. The bookie aka#Builderalways wins because they rely on probability & time - "I'm not afraid of you winning, I'm just afraid of you not playing" - 98% of#Tradersare amateurs, the top 2% are excellent and the rest are all are true#business#man aka #Investor, they look at the price line to find investment entries#follow#trend, they have#thesislogic, method system & capital division strategy to select very clear opportunities clarity & discipline.

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12 #MM #price #manipulate #probability #time

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🌟Trading vs Holding

. Trading is more about analysis using the most recent & most prominent link data:

"Since it WAS & IS..., it WILL be possible..."

. Holding is more about predicting by correlation based on context and assumptions:

"If it WILL..., then it CAN..."

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11 #trading #holding #invest #forecast #analysis

Tgram Channel - @TradingHacksWK

🌟A Trader's Build-Up Journey

"Don't try to be a successful person, try to be a person of value" - Albert Einstein

. Approaching Trading with a research mindset to discover an understanding of the psychology & market principles behind price movements, instead of just focusing on wins and losses will help you look like a price trader A real ruler rather than a gambler.

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10 #buildup #journey #value #phases #success

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🌟Trading Methods

. In Trading, everything only works at the moment, nothing is always right & transactions always have probability. Doesn't every trading method & system always have a stop loss point?

. Proficient in using a system or a trading method is not just about doing the same as the crowd following a mechanical formula, but thinking differently when you use it in a transformative way while still adhering to the principles. its basic principles, fine-tune every smallest detail of the system, the difference comes from there.

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09 #phuongphap #hethong #tuduy #nguyentac #chitiet

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🌟Correlation Between Trading Methods and the Market

. In essence, the state of the market is not the same at different times, the consistency must be in the trader's own actions.

. As traders, we must learn to think in terms of probabilities and throw away all the skills we have acquired in almost every other aspect of our lives. There is something in our way of thinking that is completely inconsistent with the characteristics expressed in the market.

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08 #system #method #market #truth #true

Tgram Channel - @TradingHackWK

🌟Trend is Friend

. A common mistake in trading is thinking: "The price is high and it is difficult to increase further; the price is low and it is difficult to decrease further." This is the cause of bottom fishing, top fishing and counter-trend trading by many traders in the market.

. In an uptrend, a downtrend will bring inexperienced traders into the market with short positions and then increase further. On the contrary, in a downtrend, the rising wave will trap traders following the buying trend and the market will then decrease

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07 #trend #price #crowd #friend #mistake

Tgram Channel - @TradingHacksWK

🌟Value & Price Area

. Price is a measure, a relative expression of Value. In reality, Price and Value have a significant difference due to many different factors such as supply and demand, speculation, news, etc. Price is short term, Value is long term. Prices often change, Values ​​are often stable

💰Value = price range + volume + time

. Trading is finding opportunities to enter orders when observing valuable price zones, called price congestion zones of the market. Because there accumulates a large volume of liquidity created by the continuous position protection of both buyers and sellers within a certain price range & for a long enough period of time. Therefore, when the price moves strongly to one side and there is confirmation of escaping the price congestion zone, it is called liquidity imbalance, this is the first signal showing the will of which side is prevailing in the market.

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06 #value #price #volume #time #compression

Tgram Channel - @TradingHacksWK

🌟Market Trend & Market Bias

. Trend (market trend) is the confluence or consensus of small time frames with larger time frames to show a clear overall direction of the price line => find direction for trading plans pandemic

. Bias (market bias) are the closest signs showing which direction the#realtimemarket is supporting or leaning towards at the current Price Level. From there, we can follow a continuing trend or detect an early reversal => find an entry to enter an order with the trend.

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03 #market #trend #bias #signal #timing

Tgram channel - @TradingHacksWK

🌟Trading Is A Business

With a long-term strategy to increase an individual's capital curve over time, a#trading#system is a must have

. Consistent method
. The expected probability is a positive sum

So,#tradingis NOT an act of finding instant fortune based on uncontrolled fluctuations, leading to excessive emotions over unexpected large losses or profits in just a few trades, Trading is a process.

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02 #business #xacsuat #process #strategy #phuongphap

Tgram Channel - @TradingHacksWK

🌟Trading vs Gambling

. Trading is looking at the cards first (seeing the signal), then betting money

. Gambling is betting money first (no signal), then looking at the cards

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01 #gambling #trading #predict #signal #JessLivermore

Tgram Channel - @TradingHacksWK