Traders can be divided into three levels: ordinary people, experts, and top experts.

Ordinary people:

They often have heated discussions in the community because of 1-2% fluctuations, and their emotions fluctuate greatly. They stare at the market all day, fearing to miss any small changes.

Experts:

They are slightly better, but when the market fluctuates by 10-20%, they will also start to feel anxious or ecstatic. You can detect the rise and fall of the market from their expressions and tone, and they are constantly hesitating whether to increase their positions or sell.

Top experts:

They are completely different. After buying the bottom, they rarely watch the market, and only occasionally check whether the trend has reversed. They will only react when the price is halved or doubled. Usually, they live a leisurely life and are not disturbed by short-term fluctuations. As long as the general trend does not change, they have no worries. They are well aware of the weaknesses of human nature and how difficult it is to overcome human nature. Therefore, they reduce the frequency of watching the market, because the more they watch, the harder it is to fight against human nature.

Emotions are dynamic, one mood when it rises and another when it falls. If you can't control your emotions, you will be manipulated by them and eventually deviate from your original plan.

Top experts know when to be greedy and when to be fearful. When the market is rising wildly, they feel fear, but most people cover their positions at this time, which is actually satisfying their inner greed. When the market plummets, it is the best time to layout, but more people choose to cut their losses. What they cut is not the chips, but the fear in their hearts, ignoring the reality that the principal is getting less and less.

This is the level of trading. You can compare to see which level you belong to, which will determine whether you can make money in the currency circle.