In fact, trading contracts is all about mindset. Why do so many people end up losing when trading contracts?
It's because deep down, you lack conviction. When you're losing money, you hesitate to cut your losses and end up canceling your stop-loss orders. When you're making money, you can't hold on, fearing that the profits you've gained will disappear.
If you have such thoughts, you will never make money. A stop-loss should be a stop-loss; keep it for buying the dip or shorting at a high.
If you see a good profit, you must hold on until you see the upward momentum weakening before taking profits and exiting. Most people are overly cautious when placing trades and never have the determination to recover their previous losses!
It's because you lack confidence, not knowing where the highs and lows are, which price points are suitable for exiting and which are not.
‼️‼️‼️ (If you're still confused about how to break even and don't have your own trading strategy, comment 233 and I'll tell you the secret code!) 💰💰💰 #美股财报周来袭
The market has been unable to break past 100,000 recently, and the upward momentum is weak, so it will likely drop further. Currently, a miraculous trade is being set up; if you want to join, comment 233 to follow my strategy. $BTC