Can a good trading system make profits in any market? The answer to this question is obvious.
However, if you say it in another way, it may be misleading. There is a widely circulated saying: "Trading is a waiting game. You just need to sit there and wait until you see the money falling in the corner. At this time, what you need to do is to quickly get up and walk over, bend down to pick up the money, put it in your pocket, and then return to the chair to continue waiting. This is the essence of trading."
I saw that this sentence has a particularly high number of likes. It is true that trading is a waiting game, but the reason why the elimination rate of trading is so high is that there will be situations where you can't pick up the money after bending down many times, and every time you bend down, you have to pay a price.
For people with heavy positions, the heavier the position, the fewer times you can bend down to try, and the worse the anti-fragility. So in this market full of uncertainty, position management needs to be taken seriously.
Trading is a bit like fishing. You have to pay bait as the price of fishing or the cost of trial and error. When the float moves, you lift the rod. Generally speaking, the float will move only when there is a fish, but the float moving does not necessarily mean there is a fish. It may also be the wind blowing or the fish ate the bait but did not take the bait.
Here we should pay attention to the difference between necessary conditions and sufficient conditions.
So can a good trading system make profits in any market? Obviously not. Dog dealers also have failed times, market makers also have years of losses, and exchanges also go bankrupt. You must understand risks and costs, understand probabilities, and understand that there is gain only when there is loss.
There are four results for an order: small loss, small profit, big loss, and big profit.
If traders want to survive in the market for a long time, they need to eliminate the risk of big losses, and then wait for big profits in a few times among the small losses and small profits in most of the time. Mingge's trading system adopts such an operating principle. If you are interested, find Mingge to talk.
Before that, you need to lower your expectations and stop at nothing.
I am Mingge. I have been in the trading market for more than ten years. If you have any problems on the trading road, you can find Mingge. Welcome to chat!