You will go through this stage on the road to trading:
When looking for trading methods, it is dazzling. There are always waves in the river and mountains higher than the other.

Some people say that this trading method can make money and earn many times the profit in a year, so they choose this.

This method introduced by a big V on social Weibo and tweets seems very reliable, so I chose it.

A friend and neighbor of mine earned a villa using this trading method, so I chose this.

At the dinner party, a big shot shared his trading method, which was absolutely invincible. It made him financially free in just a few years, so I chose this.

Wait, there are many reasons to choose the trading method.

After I really chose it, I found that others made money with it, but I just couldn't. Sometimes it worked, but sometimes it was a scam. After losing money a few times, I decisively changed to a new trading method. I kept changing it over and over again, and I lost money every now and then.

what is the reason behind the scene?

The problem is not with the methods or techniques, but with the people. They do not understand themselves and do not understand their own strengths, weaknesses, ability range, etc. in trading.

For example, let’s say you set a 10-point stop loss, but the market drops to 11 points. Then you say, “Oh, it would be better if I set a 12-point stop loss.” Then you set a 12-point stop loss next time, but the market drops to 13 points the next time, so you want to set a 15-point stop loss. Then the 15-point stop loss drops again, so you want to set a 20-point stop loss. Are you crazy? Why not just stop setting a stop loss?

Another example is the recent bitcoin market, which is clearly in a downward trend on the daily chart. If you open too many contracts, you are bottom fishing. It is difficult to make money unless the trend reverses. This is a difficult move. Most people like to do this. Have you ever thought about the scope of your ability? Small investors like to open contracts every day. It is another matter if they have good skills. But if your skills are not very good and you often do this difficult move, can there be a good ending?

Traders cannot cater to the market. What is the point of pursuing perfection, optimizing systems, and challenging difficult moves every day? Optimizing oneself and optimizing others is the most useful.

The same method works for others but not for me. That is because others have summarized it based on their own personality, strengths and weaknesses, knowledge and experience. It is suitable for them, but not necessarily for others. Trading is a game. 1,000 people have 1,000 methods, and all of these 1,000 methods can make money. You should study yourself more, find a method that matches your own strengths and weaknesses, recognize your own ability range, and make money when you should and lose when you should, instead of blindly pursuing perfection. Researching n technologies on the market and constantly pursuing perfect technology will only lead to a dead end...

Technology is not important, what is important is people, trading is a game of people

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