When trading, we always develop various habits.
For example, after several consecutive successful transactions, we will think that we are very good and there is no market that we cannot understand.
After several consecutive failures, we begin to doubt our judgment and dare not enter the market.
After setting a stop loss, every time the stop loss is hit, the market goes in the opposite direction. I don’t want to set a stop loss for the subsequent transactions, fearing that it will continue like the previous one, resulting in a deep trap or liquidation.
After making money and leaving the market, the market continues to rise, and I regret that I shouldn’t have left so early, and I have a greedy heart. Then, the next time a reversal signal appears in the transaction, I will not leave the market, and I will only ride a roller coaster in the end.
Most people in the currency circle think this way. A person’s trading habits are developed in the process of trading. The trend of the market has inertia, and people’s thinking also has inertia. Once good trading habits are not developed, they will definitely pay for it in the end.
Personal habits are developed in daily life, but most people’s habits are human nature.
The main force has studied human nature very thoroughly, and then they will take advantage of these human natures of retail investors.
In the bull market, cultivate the greed of retail investors, take over at high positions, and the main force can distribute chips.
In a bear market, cultivate the fear of retail investors so that they will not grab chips.
Professional traders will use trading systems to overcome their own human nature. Regardless of right or wrong, as long as the strategy is formulated, it will be executed according to the strategy. Trading cannot be mixed with personal feelings, otherwise it cannot be treated objectively.
Some traders think that they can make money with the technology to understand the market, but they understand the market and buy at the right position, but the final result is not ideal.
Some traders think that their mentality is very good, as long as they buy and hold it, but once there is a big fluctuation in the market, they can't stand being trapped a little, and they begin to doubt whether the current trend is a bull market. In addition, after reading various media news, they finally forget their original intention of long-term investment and choose to cut their losses.
A complete trading system includes technology, mentality, and strategy. All three are indispensable. Only a trading system can enable us to overcome our human nature, but many traders do not pay attention to this at all, or they cannot see the various shortcomings in their human nature, which eventually leads to not making money in a bull market.
If you want to get results in the cryptocurrency circle, you must overcome human nature. It is easy to say, but difficult to do. This is why 80% of people lose money in the trading market and only 20% make money, because only a few people overcome their human nature.
I am May. If you are confused at the moment, don’t know what coin to buy, and don’t understand the market, welcome to join the village and follow May to seize this bull market.
