The core of trading, you will understand it only after being educated by the market!
The core of trading is position management!
All trading behaviors must be carried out in the appropriate position management
Make big profits when you are right
Make small losses when you lose
This is the guarantee of stable growth of funds
Because people always make rational decisions based on emotions
No matter how much you say that your decision is rational, it is actually dominated by emotions.
Your direction carries your subjective assumptions
All technical indicators will also have strong and weak tendencies because of your judgment
We should thank the market for making money in the market
It is not because we are so powerful
But because the market has made us taste the sweetness
Everything is chance and discipline that makes us win
And the key is position management
Only if you live long enough can you win
This is a probability game, not someone's ATM
The difference between speculation and gambling is the difference between discipline and animality.