Wisdom of trading
1. Find a way to make money
If you only know how to stop loss but not how to make money, you are doomed to fail. The key is to find a profitable method and believe in it.
See if anyone has made money through this method.
For example, "breakthrough market", many people make money through it, so be firm in your belief, study in depth, and practice with concentration.
2. Focus on your own opportunities
There are many trading opportunities every day, but not every one is suitable for you.
If you focus on "breakthrough market", you have to give up other opportunities. Trading outside the system will disrupt your mentality and destroy consistency.
Only do your own opportunities and do the "breakthrough method" to the extreme.
3. Stick to the right method
After finding the right method, don't change it at will. The purpose of trading is to make money, not to do research.
If the method works, stick to it, don't always think about optimizing the system.
If the system always loses money, it must be corrected in time.
4. Simplicity is wisdom
If you want to make progress, you must simplify trading. Just look at the daily chart, simple and direct.
5. Focus and perfection
Once you have determined the trading method, you must focus on it and do it to the extreme. Don't be greedy. If you know too much and learn too many things, it will be difficult to make money.
The secret of masters is that they can do one method to the extreme, not many methods.
Stay focused, simplify transactions, do one method to the extreme, and you will be successful!
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