Three Steps to Successful Trading
Step One: Be able to stay out of the market and control your hands (70% success)
Step Two: Focus on mastering one strategy (90% success)
Step Three: Stick to the first two steps and do not pursue others (100% success)
Do you agree?
Can you find your own strategy?
Can you persist in executing these three steps well?
Ride the wind to pursue, rest against the wind
Engage in short-term trading, win rate > loss rate = positive returns. Traders tend to continue leveraging their winning momentum and trade without rest, maximizing the utilization of their funds to strive for greater profits. If there are two consecutive losses, or if a single loss exceeds expectations, take a break for a few days. Do not think about immediately making back the losses; allow yourself time to calm down and adjust to ensure stable performance next time.
