There is a very important principle in trading: do not make small money, do not lose big money.
These 8 simple words are actually very difficult to do. For example: you open an order for 2W, and the price rises to 21,000 after opening. You are very happy, stop profit, and make 5% happily. As a result, the market continues to rise to 2.5W.. You make 5% and miss 50%;
Then you warn yourself to make big money, and you will definitely not stop profit this time. Then the market returns to 2W, you open another order, and the price rises to 21,000 after opening. You warn yourself to learn from the last lesson and hold on to make big money. As a result, the market returns to 2W and falls below 2W to 19,500, and you stop loss.
Many people have been constantly switching in this dilemma all their lives, and they can't get out of it all their lives.
Is there a way to make money in both big and small markets? No, you have to choose one of the two. I usually choose not to make small money. I can't do 100% of what I said, and no one can do it 100%, just like men can watch less P-sites, but they can't completely stop watching P-sites, unless you cut yourself off and stop being a man.
Each of us can only achieve a certain proportion of these concepts, and try to increase this proportion as much as possible.
If you don't know how to layout, you can find me through the pinned article. I am willing to share my experience and strategy with you, just for like-minded people! Get rich together!!
