How to correctly understand trading? A must-read for beginners. Learning is earning!
The most regrettable thing about trading is to easily give up the market that should not be given up, and stubbornly insist on holding positions that should not be insisted on. A strong personality is an inner pride, not an outer arrogance. Trading does not require strong stubbornness. Go with the flow. Once the market trend is formed, it will not change easily. The end of trading is the system, and the end of the system is execution!
A person's biggest enemy is himself. Inner greed, selfishness, irritability, prejudice, laziness and other bad emotions. If a person can't even do some small things in daily life, can't handle family relationships well, and can't do his job well, then it's simply a fantasy to want to do the most difficult job in the world-trading. In the end, trading is actually a fight for personal cultivation. The biggest feature of trading is actually the torture of people's emotions. Only by realizing the true meaning of life and having extremely high personal cultivation can you make extraordinary achievements. No matter what, if you want to make achievements, you must have a personal thinking mode, outlook on life, values, etc. A lazy person who tries to master some technical things and try to solve the problem once and for all is basically daydreaming.
There is a famous saying on Wall Street: The market will do everything to prove that most people's ideas are wrong. Since the probability of error is so high, stop loss becomes particularly important. It can give you a chance to start over and let you feel new market information, which runs counter to your strategy. Stop loss is relative to the current risk. Don't imagine what will change in the future. You just need to plan your trades and trade your plans. Expected fantasies are good for emotions, but cruel to reality. Therefore, risk control is very important, and stop loss is an indispensable link. #微软比特币投资投票案