THE STORY IS NO ONE'S OWN WORDS.
ATTRACTION OF LEVERAGE AND SPINAL
In investing or speculating (trading), you should never put yourself in a state of gambling if you do not want to return to the land of bliss.
WHAT IS A GAMBLING STATE? IT IS 1 OF THE FOLLOWING CASES:
1. Bet with a volume that is too much for you to bear
2. When playing, just think about winning, not about losing. I only think about gain, not loss
3. Not being ready and prepared to lose, all in on a bet that you think is SURE.
The truth is this: One thing is certain: NOTHING IS SURE, even the odds you find picturesque. Unless you are a game maker (market maker) with the ability to manipulate the market, then maybe I'm wrong, I'm sorry.
So what is the clearest sign that you are in a gambling state? It is when the following emotional states appear: Nervousness; Worry; Insecurity; Expectations....(sound familiar?)
All in all, it is FEAR and GREED (everything always revolves around these two extremes). If you understand the market, you will definitely be wise enough to never dare to put yourself in a gambling state.
Cre: Trung Nguyen - TraderViet Thien Lanh Brothers