Many people lose money in trading because they don't understand the rules of the game in this market. Just like the three coin toss games below, how would you choose?
Guaranteed losing situation: 50% win rate, win 1, lose 2 → must lose in the long run
Trap situation: win 100, lose 1, but win rate 0.1% → must lose in the long run
Winning situation: 50% win rate, win 2, lose 1 → must profit in the long run
Smart you must know which to choose. The essence of trading is to find your own 'winning situation' in the market.
Core principles of trading
Real trading masters do two things:
Establish probability advantage: create a trading system that 'wins more and loses less'
Continuously output advantages: repeat this system like a machine
How to do it specifically? Remember this golden formula:
Entering trial and error + cutting losses + letting profits run + money management = long-term profit
Trial and error: probing opportunities with controllable costs
Stop loss: admit the loss immediately if wrong
Hold on to profits: if right, hold on boldly
Add positions: expand gains when the trend continues
Control position: always leave yourself a way out
The truth about trading styles
Someone asks:
Should I do short-term or long-term?
Should I concentrate or diversify?
Should I focus on technical analysis or fundamental analysis?
The answer is: it doesn't matter at all!
These are just different ways to achieve probability advantages. Like:
Some accumulate small advantages through high-frequency trading
Some capture huge profits through long-term trends
Some strictly implement using quantitative models
Some respond flexibly based on market feel
The key is not the method, but whether your method has statistical advantages and whether you can persist in execution.
The harsh truth
The market is like a casino, but fairer than a casino:
The advantages of the casino are written in the rules
The advantages of trading are hidden in your system
90% of people lose money because:
There is no real probability advantage
Unable to persist in executing advantages
Always looking for the 'holy grail' and frequently changing methods
Final suggestions
If you want to keep making profits, ask yourself now:
Does my trading method have statistical advantages?
Can I execute it like a machine?
Can my money management keep me alive until the advantage shows?
Remember: in this market, stable profit = probability advantage × execution discipline × survival ability. Everything else is noise.
Stuck, confused, not sure how to operate? Don't panic
I am A Yu as your analyst friend, I only do one thing: help you make money with practical experience.
Daily focus: BIO LAZIO LINK