There is a dumbest method for trading cryptocurrencies that almost guarantees 100% profit. I used this method to earn over 20 million!
In the trading market, 90% of losses stem from a collapse in mindset!
These 5 points can help traders understand their personal trading mindset and provide corresponding adjustment strategies.
1. Dealing with Losses
When facing losses, traders should choose to exit according to the planned stop-loss, calmly analyze market signals, and avoid the loss aversion trap.
2. Following Others' Decisions
When facing others' profitable trades, traders should verify whether it aligns with their own trading system before deciding to follow, avoiding the fear of missing out.
3. Position Adjustment After Continuous Profit
After continuous profits, traders should maintain their original positions, avoiding being hijacked by dopamine, and make rational judgments based on the Bayesian probability model.
4. Emotional Control While Holding Positions
While holding positions, traders should set price alerts and rest assured, avoiding anxiety from micro fluctuations, viewing the market from a triple perspective.
5. Response to Continuous Systematic Stop-Loss
When encountering continuous systematic stop-loss, traders should check whether the market environment exceeds the applicable range of their strategy, avoiding a cognitive dissonance crisis.
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