Play with thoughts~ currency! The stable profit and margin strategy of a master over 8 years of contracts has shown that the ones who survive are definitely not relying on any indicators, news, or trends, but rather on human nature and trading psychology. Only by understanding these can one remain undefeated (recommended to like + save to avoid losing it later).
Point 1 (Trading Psychology of Human Nature)
It has been heard from many places that trading is against human nature. Most people sell when they make a profit, not being greedy, and hold on when they incur losses, refusing to acknowledge it. Reverse this mindset, and you will become a master. If you think that when you make a profit, you will hold on, and you won't sell unless you earn 20%. If you incur a loss, you will run, not being greedy, and if you lose 1%, you will flee. Strictly maintaining this mentality can serve you for a lifetime.
Point 2 (Martingale Trading)
The so-called Martingale trading means: take profits when you make money, and average down to lower the cost when you incur losses. Since most market trends are primarily fluctuating, Martingale trading has a high profit-loss ratio. Martingale is the only trading strategy that aligns with human nature, which is why many people like to use it. However, it encounters issues in a one-sided market, leading to liquidation. Therefore, Martingale should definitely not be used. But you can do the opposite: run when you incur losses and keep adding to your position when you make profits, continuously adjusting your stop loss. Once you refine this method, you will find that it is the pyramid strategy of the trading giant Jesse Livermore, who once turned the entire beautiful country upside down.
Point 3 (Loss Aversion and Gambler's Psychology)
Everyone understands the gambler's psychology, which is wanting to recover losses after losing and wanting to continue winning after a win. I believe most people can trade without being greedy for profits and easily feel satisfied, but everyone wants to recover their losses. This behavior in the industry is referred to as being not greedy for profits but greedy for losses. Reverse this mindset, and you will be going against human nature; if you do this in trading, you will quickly become a big player. Loss aversion occurs after a period of frequent profits, making one reluctant to accept a pullback. This situation also aligns with human nature; therefore, if you do not go against it, you won't be able to earn a dime.
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