What is the most important thing in trading?
First of all, the most important thing is of course risk management, because this is to ensure that you can survive in the market. You must survive first before you have the opportunity to consider profit.
Secondly, it is your psychological quality, whether you can control your emotions, whether you can stay rational at any time, whether you have strong self-control, etc., which is also very important.
The third is your trading strategy and execution ability, because a set of proven trading strategies is the basis of our profit, and strict implementation of our trading strategies is also a must. Even in the face of market pressure, we must adhere to the discipline of execution.
Finally, I think a little learning ability is needed, which is needed in any industry, because facing an unfamiliar market environment, entering the market at a loss will definitely pay tuition fees. It is very important to know how to learn, self-review and analysis.
I am Brother Ming, who has been in the trading market for more than ten years. If you have any problems on the trading road, you can find Brother Ming!