Brothers, hello everyone, I am trader Zhu Yici. I thought I could maintain a perfect record in September, but I didn’t expect it to fail on the last day. The spot CATI cut 4700u, and the contract EDU now carries more than 4000u, which is like a bucket of cold water.
In the last few days of September, I clearly felt that my trading state was not right, which manifested in frequent opening of orders, impatience, slow perception of the overall situation and mental fatigue. Trading state is very important. When the state is not good, it is better to miss the trading opportunity than to force the operation, otherwise there is a high probability that you will lose money. Therefore, we must always pay attention to our state and make timely adjustments. If it really doesn’t work, stop and take a break with empty positions. There are always opportunities, but if the principal is gone, it is really gone.
The high-frequency trading and staying up late to watch the market during this period have caused me to be in a bad mental state. In addition, I cannot get a good rest during the day when traveling. My brain is in a chaotic state, as if an overheated computer is stuck and unable to process information quickly and make accurate judgments. In fact, I have already realized some of this, but I was immersed in the pleasure of making money and did not perceive the changes in the market, which led to the failure to withdraw in time. This is my reflection on the past few days, and I will pay attention to this aspect in the days to come.
The current view on the market is still overall bullish. The main purpose of this wave of decline is to clear long leverage. After probing the support level, the market will continue to rise, so the trend will be very healthy.
Secondly, reflecting on CATI, the trading logic is still too subjective. It takes it for granted that the decline has reached its limit and there will be a rebound, ignoring the risk of the overall market decline. In the future, it is better to focus on familiar targets, at least the support and resistance levels are more familiar, and the market feel is better.
Summarize and reflect while trading, so that you can make progress, let’s work hard together!
