开心的密码

= Trading
Musings =
Trading is a form of logical reasoning.

Based on what reasoning?

Based on candlestick charts and trading volume, as well as the position of moving averages, to infer market fluctuations.

Is it possible that impatience is normal and patience is peculiar? Let you patiently hold BTC, earn 20% a year to theoretically unlimited profits, but you choose to double it in one day to theoretically unlimited losses.

In the past, everyone thought that self-media would make people lose the ability to read long articles, and that short videos on Douyin would make people lose the ability to watch long videos.

Is it possible that most people do not have concentration, impatience, and patience. We who are patient are monsters🤣

However, patience can be cultivated. I once felt that holding a position for three days was durable. In 2020, holding B with a large position for three consecutive years obtained positive results, breaking the prejudice that "large market value cannot rise much", and also gained patience. Now it feels normal to hold a position for three years. The key here is to have enough confidence and certainty. Confidence and certainty come from the positive feedback of several successful memories.

㊙️After Telegram TG, another global Web3.0 social platform Envo (envelope) has emerged🔥

🏅Envo platform is a Web3.0 decentralized integrated platform, with similar WeChat one-on-one chat, WeChat group chat (never closed group), Tencent meeting, lucky red envelope; similar to TP wallet, Swap exchange; there are red envelope games such as dragon red envelope, lucky red, chain games, support for 100,000 people in the group, Usdt cash out and other 18+ ecosystems.
💰Especially the international withdrawal channel, which solves the biggest pain point of the difficulty of withdrawing money in the currency circle!

🈶Envo has all the functions that WeChat, Telegram, Exchange, and Alipay have. Envo will also have what WeChat, Telegram, Exchange, and Alipay don't have. Envo is a one-stop aggregation social platform that covers everything, so it is called "envelope" and will become the leader of social software.

🈴Envo registration link:
https://www.envo.social?invite=4BNAFW&channelCode=envo
Invite code:
4BNAFW

= Stop profit conditions =

After some recent transactions, I found that the stop profit condition is: as long as there is a profit, even if it is 1 US dollar, you can stop profit.

The stop profit condition is: as long as you are profitable, you can stop profit at any time, regardless of the future market.

For the rising market, the reason for not daring to stop profit is nothing more than fear of missing out.

However, as long as the market is really an upward trend, you can always find the next opportunity to get on the train, and you will not really miss out.

If the market is not really an upward trend, then when you stop profit, you will reap the profit of this period of market, which is also a good thing.
$BTC

Whether in investment textbooks or in the concepts conveyed to us by the media, it is usually said that gold is not an ideal investment product, stable, and cannot outperform the stock market.

For example, in the past 100 years, gold cannot outperform stocks, corporate bonds, and government bonds, and can only barely outperform inflation. But this calculation method is unscientific, because before 1971, the US dollar was pegged to gold. Even earlier, gold itself was a currency, and its price lacked a reference system.

Let me tell you some cold knowledge that a university professor will not tell you. From 1971 to now, the cumulative increase in gold has reached 52 times.

What does 52 times mean? More than 50 times the increase in the US S&P 500 index, the average annual investment return rate of gold in the past 53 years has reached an astonishing 7.8%, outperforming housing prices🙈

= View image =$BTC

Will this plunge be the last one?

News:

The much-anticipated non-agricultural employment data added more than 270,000 non-agricultural population. The strong employment data greatly increased the Fed's idea of ​​maintaining high interest rates.

The confidence of major institutions in the Fed's interest rate cut in September suffered a heavy blow, so they sold their stocks and dumped the market, which eventually led to a collective collapse of bulls.

Emotional:

After data testing, since BTC rose from $57,000 to $72,000, this month has reawakened the confidence of many retail investors.

They always scold the market as a scam (dare not buy) when the market is low and they can buy at the bottom. In the end, it rose very high, and they began to chase the rise and talk about the blockchain revolution. This kind of sentiment of chasing the rise and killing the fall is very strong, especially when the 4.14 crash was full of gold pits, such as SOL120U (later rose 50%+) ORDI30U (doubled), pepe 5 zeros at the time (now up 240%), etc.

Fundamentals: Since Bitcoin passed the ETF, it has risen all the way to $73,000. BTC has been fluctuating for nearly 3 months. Although major institutions are accumulating, there are also many high-level dumping, which has caused a temporary problem in consensus.

Moreover, the last big bomb in the currency circle is the interest rate cut. With the upcoming summer vacation, European and American trading institutions will do bad things. The annual rise is generally in September and October in autumn.
​$BTC

"Timely ⚡️Stop Profit"
As the saying goes, "One day in the cryptocurrency circle is ten years in the traditional world."
Anyone who has experienced a bull-bear cycle
has had this common experience:
Although there are opportunities to make money (get rich quickly) every day,
Why can't you break the curse of being "🈹"?
(Private message to join the circle, 1v1 to teach you how to break the circle)
​ ​​​

$BTC Why are you afraid of missing out on trading opportunities, not even losses? Do you want to miss out on making profits in any market fluctuations?

Because of the regret and annoyance caused by missing out, you often take more radical actions. If you have such troubles, listen to my opinion. The harm of this emotion is reflected in two aspects of trading.

First, before opening a position, in order not to miss the trading opportunity, you maintain a high degree of concentration, and you are excited and looking forward to the profitable trading opportunity that you are about to capture. You constantly strengthen the significance of this transaction to you. You even open the exchange software and put the mouse on the button to place an order. At this time, if the market fluctuates greatly, it is easy to be blinded by local strength and weakness.

Second, after missing out, all kinds of regret and annoyance surge up, making you rush into the market regardless of the various conditions for opening a position. If your mentality is not well adjusted, it is easy to make the mistake of chasing ups and downs. These situations not only bring It's not just a loss, but also the loss of rationality and calmness of traders. After the crazy revenge of the market, there is a mess, not to mention the fun of trading.

In fact, this is just an ordinary transaction in your trading career. You must know that the market profit cannot be squeezed dry.

I have some ways to help you overcome it. First, improve your analysis and trading ability. Second, correctly understand the empty space, cultivate a good trading mentality, and accept that no trader can catch the reputation of the market. Third, formulate a complete trading plan. Chasing up and killing down is a typical manifestation of lack of trading plan. Fourth, strict trading discipline, the so-called trading in the plan, your plan should have execution power when the market has not changed, and you should not hesitate when the best time appears. If it is not a transaction in your plan, please don't impulsively chase up and kill down.

Then in your trading life, what unfavorable conditions do you have that you can't get rid of? You can share it in the comment area and we will find a way together.

With the advantage of funds, you can do whatever you want. Some people blame the big funds for their losses, instead of the main big orders that smashed the market. I can make a profit. If it weren't for the big institutional funds controlling the market, it would have broken through the consolidation zone long ago.

The truth is that we do not deny that with the advantage of funds, it can indeed affect the price trend in the short term, but it is really not that powerful.

First of all, with large-scale funds, he also has to follow the trend of the big cycle. Fighting against the long-term trend is to seek death, because he goes against the trend and gives warmth to others.

For example, according to the fundamentals, a variety should rise, and all kinds of good news have come, but you rely on your large funds and press it down to prevent it from rising. Isn't it just self-sacrifice and burning yourself to delay time?

Please get on board at a low price, so no matter how much money you have, it will only take a moment for the market to swallow you up. Secondly, there will be games among some big funds now.

For example, the general trend is upward, but I know that the opponent's stop loss position has exploded, so I will do it downward first, eat up the opponent and then do it upward. This is indeed a period of chaos on the market, but the risk is very high. If you don't have absolute confidence in yourself, you won't dare to do it, because you still have to return to the upward track.

Again, no one can fight against the market, so don't always blame the reason on others' financial advantages. Improving your own level is the right answer. $BTC

How can traders get rid of mental exhaustion.

In different stages of trading, every trader will be in great anxiety, self-blame and self-doubt.

Especially after continuous losses, there will be constant inner conflicts, less and less confidence in one's own level, and more and more sensitive to market fluctuations.

If you want to block mental exhaustion and are unwilling to fall into the emotional swamp, you must force yourself to stop trading. Only when you get out of the loss dilemma can you look forward. Second, stop demanding perfect trading ideas. Pursuing perfect buying and selling points will only make you exhausted. A good trading system must be simple and make yourself happy.
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Third, stop entanglement and hesitant trading habits. If you often entangle between doing and not doing, then don't do it. There are always opportunities in the market. What you are afraid of is that you don't have the ability to grasp it.

Fourth, stop setting limits on your own transactions. Good traders never say how much they want to earn today and how much they want to earn tomorrow.

This psychological suggestion will only make you always in a tense state. High expectations and low skills will only make you more anxious and self-contained. $BNB #bnb历史新高

#bnb历史新高 Getting rich quickly is a very charming word.

Many retail investors are attracted to the cryptocurrency circle by it. What I want to say today is that if you don’t have enough experience, even if you seize the opportunity to get rich quickly, you will most likely return it to the market in the end.

I have seen countless retail investors who, through accidental opportunities, have obtained wealth far beyond their capabilities, and then have visions that do not match their capabilities. Various touching operations will soon squander the wealth. This is the incompatibility of ability with wealth.

People who have a lot of wealth for the first time are often dazzled by wealth. So how can we avoid similar problems as much as possible?

At the beginning, we must develop good habits. The habits here include trading habits, thinking habits, and living habits. Especially the latter, only first Only by getting used to getting rich quickly can you get used to it when it comes.

However, you must understand that no matter how much effort we make to welcome the sudden wealth, when the sudden wealth really comes, there are still very few people who can truly accept it calmly. Most people will feel complacent, arrogant, overconfident and other emotions, which are human weaknesses that are difficult to overcome.

Here I will give another solution, that is, you must withdraw the money in time after getting rich, and put this money in a place where you can't get it back in the short term, such as long-term bank financial management, purchase of fixed assets that can appreciate, etc., use force to resist the temptation of human nature,

Once you do this, when we return the wealth gained from the sudden wealth to the market, it is likely to be returned, at least there will be some surplus.

$BTC What is the enlightenment after experiencing despair in trading?

The desperate situation in trading is that the fear has reached its peak.

At this time, you let go of your unfounded expectations and all your fantasies. Your whole soul is dragged back from a pile of cold numbers to the cold reality.

No one can save you. Your faith in the market and the trading techniques you have learned are completely destroyed. Everything in the past is scattered on the ground like broken glass.

I don’t know how long it will take, you begin to examine yourself, you gradually move from fear, despair and coldness to calmness and acceptance, there is no death or rebirth in your heart,

You accept the old system and the reality of being eliminated by the market. Your mentality determines everything about you. You begin to understand how stupid and ignorant you were before, and all the panic is because Because of insufficient preparation, all impatience is due to insufficient concentration, frivolity is due to insufficient training, confusion is due to unclear thinking, pressure is due to insufficient cognition, and fear is due to too many assumptions.

You begin to put all your energy outside the market, silently reflect in the dark and confused, and tell yourself to be patient, wait and be tolerant.

You begin to treat your transactions like practicing, and have enough patience to wait. I don’t know how many nights have passed, and you have become quiet and indifferent, without complaining about the market.

Understand your own human weaknesses, you understand that trading is like fishing, and patience is a skill, and it is about tolerance and perseverance. Learn to check the weather from time to time, not only to choose a good fish pond, but also to never rashly hook without understanding the habits of fish.

The most important thing is that you will never dive into the water like before and fight to the death.

Of course, we need to analyze how to lay out.

First, you need to have the concept of "odds", which is the ratio of the space for rising to the space for falling, also called the profit and loss ratio. Most people expect BTC to go up to 100,000 and down to 50,000. The current 68,000 is just in the middle. So from the perspective of odds, BTC can't give you much at present. The odds are low when it goes up, and high when it goes down. Brothers put their hopes on cottages, I fully understand [spreading hands]

The second is to have the concept of "win rate", which is the possibility of profit, that is, the certainty of making money. The "win rate" is greatly affected by time and position. At the current 68,000, the short-term win rate is in the upper middle position, not particularly high. However, if the holding time is extended to one year, two years, three years, or even five years, it is not impossible to achieve a 100% win rate. If the price drops to 50,000 or 30,000, wouldn't the "win rate" be greatly improved [Doraemon is afraid]

So, we can get a reliable conclusion that the current win rate of 68,000, as time goes by, the probability of making money is getting bigger and bigger. If it falls, the cost performance will also be greatly improved.

The market is always imperfect and will not give you what you want. Time is our friend$BTC

If reason controls desire, then it must be desire that destroys reason. No matter how much a trader knows, he can only take what belongs to him. Trading itself is very simple and plain, just waiting for signals, and then repeating the process of entering and exiting the market. What is complicated is the subjective consciousness of the participants. Many traders are trying to ask questions with answers, which is in itself a congestion and trouble, and then they fall into the quagmire of chaos and are difficult to extricate themselves. The purpose and discipline of subjective trading and emotional trading, which finally consumes their own trading system, is to simplify all transactions and wait for stable and familiar signals. That's all. There is nothing mysterious at all, and there is no need to demonize or mystify trading. Don't think about living in the market as a chosen person with a small probability and high risk. It's a rare opportunity. What traders can do is to do a good job in trading itself. When you stare into the abyss of the market, the market is also staring at you. You know everything, or you may know nothing. $BTC

$BTC Anxiety, desire, and hesitation are the three mountains in the heart of every trader. Anxiety in trading begins with confusion about the future of the market and losses. After that, the lack of confidence leads to excessive worry and panic about events that have not happened. If you are anxious for a long time, it will inevitably affect the trading results and increase the probability of losses. The best way to get rid of anxiety in trading is to force yourself to stop participating in the market, sit quietly to rest, or focus on things outside the market to calm your mind. Desire in trading is neither good nor bad. It is desire that can make traders Traders grow positively, otherwise it will devour all the possibilities of traders. Indulgence in greed will lead to disasters in the market. Every trader enters the market with desire. It is impossible to eliminate desire, but we should think about how to control desire. The hesitation of traders is that most traders will hesitate when facing entry opportunities, and they are full of tangled and complex swings in stop-profit and stop-loss. Yangming's philosophy of mind says that sitting in silence can break the thief of anxiety, giving up can break the thief of delusion, and practicing in things can break the thief of hesitation. If all three thieves are broken, everything can be accomplished.

$BTC I started to enter the trading circle in 2015. Although I didn’t know why I chose this track and this industry at the beginning, I have been working hard for nearly ten years, but I have never thought about leaving this circle.

In this nearly ten-year trading career, I have made many friends in the circle. We often communicate, have offline dinners, look up at the stars together, talk about life, have succeeded in a project together, and have regretted and regretted together...

Along the way, I have stumbled and learned from the sharing of many old friends why I chose this industry, entered this industry, and this track. I have excerpted a few particularly touching sharings, so let’s listen to everyone’s reasons! !

Why do I choose to trade?

Because I was born penniless, I am willing to trade my ten years of cattle and horses for the Buddhas and dragons of my second half of life.

Because I am afraid that my descendants will only have a life that can be seen at a glance.

Because I understand that relying on parents to eat up all the money and relying on friends will make me sad and desperate. Only myself can be the biggest support.

Because I understand that all people's confidence comes from the economic foundation.

Because I want to stand up and I don't want to be humble anymore, so I can only keep climbing up. The road of trading is the most accessible opportunity for me. I know this is the most difficult road and may delay my life, but I am willing to do it for a lifetime because I have no choice.

This is a responsibility, a confidence, and a yearning behind the trader.

But embarking on this road is the most difficult. What is the difficulty?

Tomorrow I will continue to reveal to you the real life behind trading.

$ETH I would like to dedicate this article to you who are in the trading trough period.

If you come to the market just to survive and work, then I sincerely advise you not to do trading.

Ordinary people must come to this market with the belief of class transition, because the most expensive price of this road is to sacrifice their youth.

Only those who can endure the painful torture of late nights and the pain of repeated destruction by the market can grow slowly. Without great determination, it is impossible to achieve achievements far beyond ordinary people in this market.

Withered mulberry knows the wind of the sky, and the sea water knows the cold of the sky. The size of your trading career is not the decisive factor. The hurdle from zero to one is the most difficult. The seemingly uneventful review day after day will definitely let you see the meaning of persistence one day.

Once you cross the hurdle of "enlightenment" that everyone often talks about, your trading journey will be truly begun. The losses in trading often make us feel the pain of loss, but in fact, what we lose more is just your own desires, which are things you can't get yet, but what is the real pain?

The real pain in this world is that the things you take for granted, the things you take for granted and the things you won't lose every day, the things that are there every day, suddenly disappear. This is the real pain of loss, and the other pains are your desires.

Always remember one sentence, as long as you don't leave the table, you will always have a chance. You must broaden your horizons, enlarge your goals, and have strong confidence. No matter how expensive something is divided by 365, it will become very cheap. No matter how small the effort is, it will become very big.

No one's trading journey is smooth sailing. Ups and downs and stumbling are common. $BTC $ETH