The true core of trading lies in position management, which you will only understand once you have been educated by the market.
The core of trading is position management.
All trading activities must be conducted with appropriate position management.
Make big profits at the right time.
Minimize losses at the wrong time.
This is the guarantee for stable growth of funds.
Because humans always make emotional decisions that lead to rationality.
No matter how much you claim your decisions are rational,
They are always dominated by emotions.
Your direction carries your subjective assumptions,
And all technical indicators will reflect your judgments with strengths and weaknesses.
When we make money in the market,
We should thank the market.
It's not because we are so strong ourselves,
But because the market has allowed us to taste sweetness.
Everything is about opportunity and discipline that leads us to victory.
And the key to this is position management.
Living longer increases the chance of winning.
This is a probability game,
Not a cash machine for anyone.
The difference between speculation and gambling is the difference between discipline and animal instinct. "Let's encourage each other."