In real trading practice, waiting, patience, and holding cash are all significant tests of one's character. Through countless data statistics from predecessors in the cryptocurrency circle, this set of data has been obtained.
1. Trading more than 10 times a day results in an average return of -79.2% over 3 years.
2. Trading more than 5 times a day results in an average return of -55% over 3 years.
3. Trading more than once a day results in an average return of -31.5% over 3 years;
4. Trading more than 0.3 times a day results in an average return of 12% over 3 years;
5. Trading 0.1 times a day results in an average return of 59%;
6. Over 90% of people lose money in trading, which shows how difficult and yet how important it is to reduce trading frequency. In a constantly changing magical market, doing nothing is very challenging.
However, if we can restrain ourselves as much as possible, achieving great results will no longer be a coincidence, but a certainty.
Do not think about making money from every fluctuation in the market, or taking every advantage. The market is always full of opportunities. How you treat this world is how this world will treat you.
