[Notes on October 30] Trading: A contest of human nature
You think trading is a contest of the market, a competition of technology, and a fierce game with the market.
However, real trading is an inner practice, a constant struggle against human weaknesses such as greed, fear, winning and losing, chasing ups and downs.
In this game, the market is just a stage, and the real opponent is actually yourself. Trading is a challenge against human nature.
Just as athletes need a strong physique, stable emotions, firm beliefs and strict discipline, excellent traders also need a healthy body and mind, a tenacious mentality and strict trading rules. Of course, the opportunities of the times and the dividends of the industry, as well as the indispensable luck, are also crucial.
A successful trading cycle is often created by 70% mentality, 20% luck and 10% trading skills. Use 70% mentality to grasp the pulse of the market, 20% luck to capture opportunities, and 10% trading skills to expand profits.
At present, $BTC has formed a golden cross on the weekly line, rising slowly, and the right market has quietly opened. The election is approaching, and Trump's coming to power may trigger a big positive line, but the subsequent trend is difficult to predict. At this time, buying on dips is the best strategy.
At the same time, altcoins are surging, but the continuity is not strong. Only by changing or reducing positions in time can you avoid missing out.
Here, we especially recommend two currencies with a higher probability of continuation at the 4-hour level: goat and ena. I hope you will go further and further on the road of trading and reap a lot of rewards.
