Trading is difficult, 90% of the market loses money
But the levels vary, the challenge lies in passing the tests
You need to pass three tests:
Method and technical test, human nature test, self-test. Trading tests a person's will and resilience; you must first become a person of strong will.
Three sentences for traders
I hope traders can gain some insights.
1. The trend is better than frequent trading.
2. Don't think about making money on both sides; some money is not meant for you to earn.
3. Believe that opportunities in the market are always present; don’t fear missing out.
The destination for beginners
Essential qualities for intraday trading:
1. No overnight positions in intraday trading
2. Trade with the trend
3. Stick to a profitable trading model
4. Accumulate experience from historical charts
5. Avoid over-leveraged trading
6. Strictly implement stop-loss and take-profit; don’t let losing trades drag on, avoid passive overnight positions!
7. Avoid frequent trading
8. Follow the trading plan; focus on execution!
9. Establish your own profitable trading model
