Five major stumbling blocks on the road to trading
1. Anxiety - impatience
I remember the moment I entered the market, I couldn't wait to start trading the first coin. Whenever the price rose slightly, I was like an ant on a hot pot, eager to buy, for fear of missing the fleeting opportunity for wealth. Looking back now, this mentality of eagerness for success has always been with me, and has become the biggest stumbling block on my investment road - impatience.
2. The collapse of the gold dream - the pursuit of huge profits
Like most friends in the currency circle, I have also fantasized about the dream of buying and the daily limit. In my nine-year trading career, this unrealistic dream has always driven me. The desire for huge profits has made me fall in the power transactions again and again. The 30% daily limit is like a bait on the gambling table, which makes me unable to stop. I remember one time, the price of warrants plummeted, and I was so nervous that I was sweating, but I could only watch the funds flow away. Although the lesson was painful, the mentality of pursuing huge profits is hard to give up.
3. Overtrading and ruthless stop loss
Overtrading is another big trap on my stock trading road. Whether it is out of the desire for technical testing or driven by psychological factors, I am deeply trapped in it and cannot extricate myself. What is more fatal is that I blindly implemented the stop loss strategy. In the bull market, this is undoubtedly a self-destructive move. I stopped losses and changed currencies again and again, and funds were quickly lost in frequent operations. The only memory of profit was the sharp drop after 519. That time I forced myself to restrain myself.
Intraday observation: bome, qkc, rif, bch...
Specifically follow my rhythm👈
At present, I have created a high-quality circle. Click my avatar to follow me. I publish market analysis every day.
If you like spot or contracts, follow Huolang.
Huolang has recently ambushed a potential coin that is ready to explode.
Leave it below: 668. Wuchang will take you! Click my avatar to take a closer look!