In the currency circle, what kind of person can gain wealth? In fact, the answer is obvious. Just look at the people in the trading group to know what "level" they are at:
Ordinary traders: Trading depends entirely on emotion and keeps an eye on the market all day long. This type of people will enthusiastically discuss price fluctuations of just 1% - 2%, shouting "skyrocketing" or "plumbing". They guard the K-line chart all day long, for fear of missing any subtle fluctuations, or even quarreling over differences of opinion. Their trading decisions are mostly influenced by emotions, and impulsive behavior becomes commonplace.
Advanced master: Although he has a strategy, he is still subject to fluctuations. When the market fluctuates by 10% - 20%, their emotions fluctuate significantly, and their anxiety or ecstasy is palpable. The changes in the market can be gleaned from their expressions and tone of voice, and you are struggling to decide whether to add to your position or sell. Even if they have a plan in advance, they often find it difficult to stick to their original strategy once the fluctuations exceed expectations.
Top big shot: calm and controlled. Top players often remain calm after buying the bottom. When the market suffered a halving plunge, they felt unperturbed; if the price doubled, they would just smile indifferently. They strictly control the frequency of watching the market. The less they watch, the less emotionally disturbed they will be. The real top players are those who can understand the weaknesses of human nature and have the courage to fight against their own inner fears and greed.
So what is the secret to success in the currency circle? The answer is to learn to fight against human weakness! It is extremely difficult for those who watch the market all day long and are led by their emotions to make rational decisions. It’s important to remember: Emotions are fickle, be excited when prices rise and panic when prices fall. If you are dominated by emotions, you will be trapped in the quagmire of "buy high, sell low" and be unable to extricate yourself.
A true master can remain calm when the bull market is booming and stick to his beliefs when the bear market is plummeting. They have clear strategies and clear goals, and can eliminate external interference and implement their plans unswervingly. Such a person is a well-deserved winner in the currency circle
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