No one can predict the future market; the only thing you can rely on is the rules — consistent trading rules that put you on the side of the great numbers in this probability game.
Profit is not made by predicting the market's win rate but by relying on 'minimizing losses when you are wrong and maximizing profits when you are right.' This is also the biggest difference between practitioners and analysts.
😁
The purpose of buying is not to lose money but to make a profit and to profit as much as possible. When the trend is in your favor, you must be greedy and let profits run; when the trend is against you, stop fantasizing and cut your losses.
😁
When is the market direction clear? It is never clear! Any market situation is a gamble with your own chips, even though many friends never think they are gambling, only believing the odds are good, which doesn't count as gambling. In fact, no one knows how tomorrow will go; trading is placing a bet with a certain cost for uncertain profits, but when the risk is controllable, the future is worth betting on.