The essence of trading lies in patiently waiting for the right moment to enter, grasping the turning point of the market!
Trading is a psychological battle that requires a stable mindset!
Trading is a practice, a cultivation of the inner self, an elevation of awareness, a battlefield of human nature!
Excellent capital management is the core of success, which does not mean always trading with a light position, but adjusting positions according to different opportunities!
After realizing the way of trading, I learned to patiently wait for the right moment, reduce trading frequency, recognize the uncertainty of the market, and maintain a good mindset!
Failed traders often lose due to a lack of patience, taking profits too early, trading frequently, acting out of plan, not setting stop losses, and allowing losses to expand! Small profits, large losses! Always taking profits too early, not timely or decisively stopping losses!
Light positions for trial and error
Add positions when right
Heavy positions when the trend is clear
Do not take profits casually when the trend is clear
Patiently wait for an opportunity to enter
Have the patience to hold profits without action
Big money is made by sitting still
Maintain clarity and rationality
Keep a good mindset
Deeply understand the uncertainty of the market
Only engage in market trends that are understandable
Learn to be content and avoid disgrace, know when to stop to avoid danger
Learn to be content and happy
Learn to understand the timing of extremes turning to opposites
Learn to add positions in the direction of the trend
Learn to build positions in batches and take profits in batches
Only trade familiar varieties and patterns
Make a trading plan
Conduct review summaries
Write a trading journal
Identify trades with high profits
Find the trading patterns where you often make profits
Repeat this pattern
Success will come naturally and effortlessly,
Face market fluctuations with a calm mind
Remain tranquil in the face of floating profits and losses, not overly joyful or sorrowful
In the face of losses, calmly stop losses without hesitation