How do traders get out of the trough?
How does the trough occur? Answer: I am very anxious at the moment. What is the reason for anxiety? Answer: It is often excessive thinking or imagining what the future will be like, and less thinking about what you have now, which is equally important to you. Think more about what you have now, and your anxiety will be relieved. That is to say, try to focus on the aspects that you can control.
From the perspective of trading, you can start to keep the habit of making trading logs and trading summaries now, and make a trading rule for yourself. For example, if your trading status is not very good now, then you need to analyze what caused it, and then add a particularly clear and simple rule for yourself based on the main reason. For example, you can start to understand the core essence of a technology now, and take some notes. The role of taking notes is the so-called mindfulness, which allows people to focus on the present.
Another important point is that people should stay calm, especially when they are in the trough period. This applies to life, career, or investment and trading. Because people are more likely to do things randomly, try randomly, and act without rules during the trough period, so it is precious to stay calm at this time. For example, if you have already done the market, you will be very nervous before, always afraid of callbacks and losses, let the market go by itself, anyway, you can't control the market, just be prepared to deal with it.
You can also deliberately keep a distance from the market, for example, you were particularly sensitive before, staring at the market every day, and never wanted to miss any opportunity, then keep a distance from it and reduce the chance of making mistakes.
Another point is to be broad-minded and open-minded, but there must be a degree, maintain an optimistic and positive attitude, be rational, objective, and professional, and don't put too much pressure on yourself, and there will definitely be improvement in trading.
Finally, the trading system needs to be tested and verified, that is, if it is in a trading trough, you must carefully examine the obvious bad habits in the previous transactions, and then 100% eliminate them in future transactions. Only in this way can you get a fundamental turnaround.
