How to avoid emotional trading as much as possible!
Everyone has emotions. If you trade with high leverage, your face will turn red when the market fluctuates 1% upward, and your face will turn pale when the market fluctuates 1% downward. This is human nature, because you know what you are betting on.
Few people can keep their emotions stable in heavy-position trading. Characters like Akagi Shigeru only appear in comics and are basically impossible to encounter in real life.
If your position makes you feel uncomfortable from the moment you enter the market, then it is impossible to avoid emotionality in the subsequent holding process, and your decision-making will not be consistent with your analysis.
Experienced traders can sort out their trading records and see the success rate of their heavy-position trading.
Generally, there are only two results:
1. Extremely high success rate◇More than 80% of heavy positions are profitable, because he chose to increase positions or resist orders when facing uncertainty.
2. The success rate is less than 50%. Most of the time, they run away after making a little profit or cut losses at a slight fluctuation.
The first one is needless to say. If it happens a few times, you will go bankrupt sooner or later.
The second type of bankruptcy is slower, but the result is the same, it is just a blunt knife cutting meat. If the position does not make you feel comfortable, you will not be able to play your true level. Emotional problems ultimately come down to position problems. Don't play trades that you can't afford to lose, unless you don't want to win at all, but are just addicted to dopamine.