Today's operations are as terrible as ever.
There is no trading system,
only strict stop-loss,
no strict take-profit.
There is only a stop-loss line with very low tolerance,
which makes it very easy to get stopped out.
Over time, this can devour one's principal.
Unable to withstand market fluctuations,
once a position is opened and moves against you,
it's easy to think that the market will continue in an unfavorable direction,
and thus one can't help but manually close the position, and then hastily open a position in the opposite direction.
Trying to recover the loss from the recent closure.
However, the more anxious one is, the more the market seems to move slightly in the opposite direction, making one believe the market is wrong again.
Again wrong, again stopped out.
Endless,
human nature,
is hard to resist.
This is why everyone understands the logic of making money in this market. But only about 1% can truly achieve stable profits.
Control your hands, control the desire to place orders.
Only enter trades when there's a good opportunity, good position, good risk-reward ratio, and good trend; trade on the right side, in the direction of the trend, with stop-loss and take-profit. Make a good plan, and leave the rest to the market.
