Trading is like a psychological contest, where the core competition is patience and wisdom.
Every operation feels like sparring with the market. The market sends signals, and I respond; if the response is inappropriate, I temporarily exit, waiting for the next better opportunity. In this contest, I have summarized the following points:
First, it is important to understand that the market's financial power far exceeds that of individuals; clashing head-on is not a wise choice. Only by following the trend can one seize profitable opportunities. When the market is unfavorable, decisively cut losses; when the situation improves, take advantage to expand profits.
Second, I always set a fixed loss limit for each trade. This stop-loss line allows me to remain calm and prevents me from making erroneous judgments due to emotional loss of control.
Third, major market movements are usually accompanied by sharp fluctuations, which present opportunities for substantial profits. As for choppy markets, I choose to stay away because, in such conditions, returns are difficult to match with the time and energy invested.
Finally, I prefer to wait for the market to show a clear direction before acting accordingly. This response after observation often increases the success rate of trades more effectively. #币安LaunchpoolVANA #SUI再创新高 $XRP