Many people say that a real master trader is one who does not predict, but only follows the market.

It sounds very mysterious, but in reality you can only listen to it.

Because whether it is technical analysis or fundamental analysis, what we analyze is history, but what we grasp is the future, so we must predict. Moreover, the market can only be roughly predicted and cannot be accurately predicted.

It’s just that many people don’t correctly understand what prediction is, don’t know the nature of prediction, let alone how to make objective and effective predictions.

Trading is a game of probability. No matter what method anyone uses, whether he is long or short, he may make a mistake. That means being clear about any point of view and being able to accept prediction errors and the risks they may bring.

We have no control over whether things go up or down, but we have the final say on what to do when things go up, what to do when things go down, what to do when things go right, and how to deal with things when things go wrong.

Predictions that test different response options should be called plans. This is something that we really should and deserve to invest a lot of time and energy in every day. #TRB #BTC #BAKE