Why do you lose more when you know more about trading, and lose more when you know less? This is because the more you know, the less you will analyze based on fundamentals, which will increase the proportion of news or macro reference directions, and it is easy to cultivate pattern thinking. If you know less, the fundamentals are bad, you will fight hard, keep adding positions, and firmly believe that you can win by pretending to be dead, so you will lose more.
If you just want to make money simply, you don’t need to understand economics, let alone the interest rate hike and rate cut cycle. If you understand a candlestick chart, you can easily make money. It’s not that complicated.
Trading is a process of constantly building positions based on the fundamental profit and loss ratio and using the winning rate to guarantee the profit. Understanding stop loss and profit and loss ratio is just the beginning of trading.
Are you losing money because you know more or less? For investors who are new to the market, it is necessary to grasp the relationship between fundamentals and news, and cultivate pattern thinking ability. However, if you just want to make money simply, it is enough to observe the candlestick chart. After all, trading is not that complicated. I hope every investor can continue to improve and succeed in trading.