From mid-March to now, every time the price surged, there were people shouting "100,000" and "this is a bull market", but every time it fell, and this time is no exception. Many people still expect a breakthrough, but the advice we have repeatedly given in the past two days is to pay attention to the high risks. If you want to break through, wait until it breaks through. Why rush?
In trading, can you predict the trend in advance? Only when you truly realize that the trend is uncertain and no one knows what the next move will be.
K
Only when you know the direction of the line, you can be considered to have truly entered the palace of trading. Trends cannot be judged, and we can only try and make mistakes. Only after the market comes out can we be sure that this is the trend. In the trading process, no one can predict it. If we talk about trends or fluctuations without considering the cycle, it is meaningless, because large-scale fluctuations may be small-scale trends, and also small-scale opportunities. That is why I say that we should refer to different cycles.
So, how do you judge whether you are following the trend or going against it? The most direct way is to check your positions. If the profits of your positions continue to increase, you are following the trend. You should let the profits run freely so that you can get the trend. If the losses of your positions continue to increase, don't deceive yourself and say that you are still following the trend. Losses are the fact and you should stop losses in time. Your attitude towards your positions determines whether your transactions can be profitable. Trading is actually very simple. If you follow the trend, you will prosper, and if you go against the trend, you will fail.
In fact, our members can flexibly switch from short to long and from long to short in many cases, and change direction at the most appropriate time, so as to win the profit of two-way transactions. There are many such cases. During this transition, I will not discuss the market with you, because the market is full of uncertainty and no one can say whether it will rise or fall. I do not participate in the discussion, which is the most calm way to deal with it. I know where I will enter and exit the market, and how to deal with the loss after entering the market? I have my own way to deal with trading uncertainty, or you can say that this is my trading system. It allows me to perceive in advance, and then act and change. We are all followers of trends, not predictors.
Many people can make a single operation thrilling. Why is this? The reason is that they are eager to obtain huge profits in a short period of time, use heavy positions to trade, aggravate emotions, and take the success or failure of a single order too seriously. This behavior is extremely undesirable. The ultimate goal of trading is to achieve long-term stable profits. Trading is a process of gaining and losing. No matter who you are or what method you use, there will be times when you lose. The alternation of gains and losses is a natural phenomenon. Today you make money and I lose money, tomorrow I make money and he loses money. Millions of people are competing with each other in the market. Again, try to make as much money as possible when you make money, and try to lose as little as possible when you lose money.
At the same time, you also need to pay attention to each order you open. Is it the order you should open or is it just because you want to open an order? Is it the signal given by the trading system that prompts me to do so, or is it the emotion that drives me to do so? Many times, operations are based on emotions, not facts and rules. When the turning point appears and the trend just starts, you are hesitant and turn a blind eye. When the market trend is clear and everyone sees it, you are afraid of missing out and afraid of losing money.
FOMO
We entered the market to chase the rise, but encountered a pullback and stopped out. There is nothing wrong with our method itself. The problem is our speculative mentality. We are afraid of making mistakes and afraid of stop losses. The best time to enter the market is the detonation point. We can get out of the trend without retracement and shock. Adjust your mentality and don't get entangled. When the turning point appears, enter the market to try and make mistakes, grasp the time node, accept the shock calmly, and wait for the trend to form. Therefore, the essence of trading is trial and error. Use your own proven trading system to wait for the entry signal in the market. If it meets the requirements, operate. After entering the market, set the stop loss according to the system requirements, follow the trend to protect the principal loss, and move the stop loss. Stop if you are wrong, hold on if you are right, and practice repeatedly, and the winning rate and profit will naturally come.
