Today a friend told me that he had discovered the code of wealth.
I asked him what happened?
He said that he shorted the world currency, and ran away after making 20% profit, and waited for the point to get on the train again.
Repeated this operation all the time, and he made a lot of money in a day.
In fact, many friends will have this feeling, especially when this currency is sideways.
I asked that friend, can you control yourself from being greedy? What if you pull it up and blow up the position?
My friend told me this, he said that I don’t have high requirements, and I strictly set the stop profit and stop loss when I open an order.
Operate according to the set trading method, instead of being greedy and wanting to eat more when you see that it can still fall.
Often when we do contracts, we think well, but when we see our own points, we start to be controlled by greed, and the result is out of control.
So when we open orders, especially contract orders, we must strictly follow the stop loss and stop profit.
Everything is based on stability.