Trading
is a process of honing the mind
is a process of overcoming human greed
1. Absolute safety management of positions
2. Abandon the desire for quick profits
3. Dullness to the passage of time
Set low-desire goals, and the market will reward you generously.
Set absolutely achievable goals:
With a principal of 5000u, you only need to be satisfied with earning 20u in a day.
With a principal of 10000u, you only need to be satisfied with earning 40u in a day.
With a principal of 20000u, you only need to be satisfied with earning 80u in a day.
With a principal of 30000u, you only need to be satisfied with earning 100u in a day.
With a principal of 50000u, you only need to be satisfied with earning 150u in a day.
With a principal of 80000u, you only need to be satisfied with earning 200u in a day.
You will find that on average, completing the above goals in a month is almost 100% achievable, and the excess profit you earn is a gift from the market. You will not feel any pressure about opening positions or recovering costs psychologically.
Regardless of which trading method you use, during this process, you must explore a model that suits your long-term stable profit. And execute it absolutely.
Compound interest is something that takes long-term persistence to see results; 99% of people will fail on the path of seeking instant results.
Continuing to live on is the only way to have the possibility of living better.