Entering the market is easy; making money is not easy.
The essence of trading is not in these candlesticks
But it's your understanding of the world
Truly strong people
It must be firm
You must be determined to trade
When you doubt yourself, you can't trade well
The sky is vast, and I am the greatest
Believe that you can achieve it, and you certainly can
To give you wealth and luxury
Just to let you know the myriad of worldly conditions
Leaving you in a difficult and desperate situation
Just to let you understand the warmth and coldness of life
Trading is not a steady stream; it is a gamble all in.
Do you think making a few thousand every day and saving tens of thousands a month is called trading? No, that’s just high-level labor. True trading is waiting for an epic one-sided market, seizing the throat of fate—three months, half a year, or even a single explosive market, directly earning enough wealth for the rest of your life.
Short-term? High-frequency? It's just a slow self-sabotage. Every trade wears down the principal, and every operation increases the risk of making mistakes. Do you think making 2000 a day is stable? But with just one loss of control, one black swan, all previous profits can instantly go to zero, or even result in a loss of hundreds of thousands. This is not trading; this is using luck to exchange for illusions.
Why is it hard for ordinary people to turn around? It's not because the market lacks opportunities, but because the chances of getting rich are becoming fewer. The market conditions that come once in a decade may now only come once in twenty years. Price fluctuations are just the surface; the real despair is that the era no longer rewards courage but punishes greed.
Either wait for the wind to come or be buried by it.
I have read many stories of great traders, and not a single one made money by shorting in a range. Shorting can make money, but that's just small change; you can't make big money that way. Only trends can allow a person to make big money: trends are not created, they are waited for. Once they appear, just grasp them.
Surely someone will say, then I will short in a range and go long in a trend, isn't that good? This is impossible; whether it's a range or a trend, it's all seen in hindsight. You have no idea if it's a range or a trend until the market moves. Moreover, the operation modes for a range are high sell low buy, while for a trend, it’s chasing highs and cutting losses; they are fundamentally opposite. Trading in a range is destined to miss out on trends, while trading trends is destined to not escape ranges.
If you could excel at one, you would have been rich by now. Wanting to do both, if it could really be achieved, then have you made money? Many times you should think, if my idea is right, why haven't I made money yet?
The most important concept in trading is position management
In fact, this is the core of whether you can control the account curve
Many people become fodder because
A big problem is madly adding leverage during FOMO
A single pullback leads to total loss
If you have 100,000
And this is money you can afford to lose
So I suggest you at least divide this part of the money into two parts
If you are a beginner
You must first determine your position based on your losses
For example, now Bitcoin is at 105,000
You take 50,000 to do it at once
Go long here
The maximum limit is to control your losses to 2%, which is 1,000 yuan
If your stop-loss point is at 103,000
Then it means your position can only be opened at 1000/[(105000-103000)/105000]=52631
This is the simplest way to control your stop-loss
But certainly 80% of people are unwilling to do this
What you want is the thrill of going all in
Think clearly about why you came to this market
Is it to provide liquidity or to bid farewell to the bull market sooner?
What market conditions require aggression and what require defense
This is something you should consider after you have done the first step well
Trading must have logic.