The 6 most important things in trading:
1. Trading cognition: Have a correct understanding of trading. There is no absolute right or wrong in the trading world.
2. Fund management: that is, risk control and fund growth. Risk control is the red line and lifeline of trading. Newbies who are new to trading can set a stop loss of 2% of the total space. Funds are the basis and foundation for the continuation of trading.
3. Trading system: It involves the trading preferences of traders. You must find a practical tool that suits you, and then use trading logic to build all these things into a system, and finally evaluate the trading system. Any system has good and bad, and it must be adjusted and improved.
4. Trading behavior: It is a personal habit. You must cultivate yourself into a person with trading behavior and trading literacy.
5. Data statistics: Statistics and analysis of your own trading win rate, profit and loss ratio, fund management method, retracement ratio, fund curve, etc., and then adjust the parameters and rules in the transaction.
6. Psychological and mental construction: Discover and pay attention to mental problems
Another very important quality is persistence.
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