Why do you always lose money after speculating in currencies for so long?

Mentality is the most important magic weapon for investment friends to win, and it is more valuable than the profit of a transaction. After a series of failed operations, the mentality of placing orders is greatly affected. The first thing we need to do is to adjust our mentality. Otherwise, rushing to enter again or hesitating to enter will be a loss for us. Because friends who are in a hurry to enter the market are more likely to make mistakes than usual, and those who are hesitant to enter the market will miss many good opportunities. Missing when you should make money is equivalent to losing money. Therefore, a good mentality during the investment process will enable investors to get twice the result with half the effort, otherwise they will suffer continuous losses. So, as investors, what mentality should we adopt when investing in the currency circle?

Don’t be greedy, don’t speculate on trends, don’t have illusions, don’t make rash advances, and seek stability:

Greedy psychology is a taboo in currency investment; there must be logical analysis, regular analysis of market trends, and market psychology analysis, rather than gambling or guessing; do not have too many illusions about the market and profits, because the currency market It is very realistic. If you want to earn more or less, you must maintain a normal mentality, especially during the learning stage. Don't be greedy for too much and work steadily to gain greater benefits from investment. I have encountered many greedy customers who do not set a take-profit. They will make a certain amount of profit in the early stage of the transaction, but they cannot stop their greed and do not set a take-profit, which ultimately makes them lose money.

Learn how to preserve your principal:

As the saying goes, it is easier to start a business than to keep it. As long as you keep your principal and maintain a good attitude and spirit when investing in the currency circle, it is only a matter of time before you invest and make money. In the spot market, we must keep three firsts in mind: safety first, capital preservation first, and survival first. The most important thing in investing is to preserve the principal first, and then think about profits after preserving the principal.

If you are in a bad mood or in poor condition, stop watching the market and restore your condition first:

Everyone will have joys, sorrows and joys, and people's emotions will affect their status and their investment analysis behavior in the currency circle. Therefore, when you are not in a good mood, you need to adjust yourself immediately and take a break from reading the market to avoid increasing operational errors. To do this, you must maintain a good mental state so that you will have full energy to pursue success.When placing orders, investors must not place orders with emotions. Placing orders with emotions will only increase their own mistakes, and the impact of emotions is great.

Don’t be eager for quick success and be far-sighted:

Everyone knows that haste makes waste. If you want to make quick money with small bets and big returns, and get rich overnight, this investment concept is wrong when you get started. Cryptocurrency investment is an international market and a permanent market, so it is not a casino or a cash machine. We must strive for victory in a stable manner, be optimistic about market changes, and take one step at a time. Therefore, when investing, you need to have a far-sighted vision, clear goals, and a solid foundation, and accumulate learning experience step by step. In fact, learning and improvement in the currency investment market will be faster than learning and improvement in the stock or gold and crude oil markets.

The mind is as calm as still water, and the energy is concentrated without distractions:

In currency investment, leverage trading magnifies both risks and benefits, so you must be 200% focused when trading. To effectively concentrate, you need a quiet environment and physical maintenance. The more critical the moment, the more important it is to stay calm, not blindly follow the trend, and maintain a calm heart.

For a successful investor, personal ability is essential, and trading experience is also an important factor, but the premise of these conditions is that investors must have a healthy and good trading mentality. Only in this way can investors continue to invest in the currency circle in the long term.