When everyone is immersed in a bull market, firmly believing that the Federal Reserve will definitely cut interest rates in September, have you ever considered whether this Bitcoin trend will be different from the past? And do you have corresponding trading strategies to respond?
The essence of the trading market is a casino, and the only difference from a real casino is the way of playing. In a traditional casino, after placing a bet, you either lose your principal or double your winnings, while the trading market allows you to win slowly, and of course, you can also lose slowly. For traders, this provides a lot of operational space, which is the charm of trading.
In a real casino, no matter how you play, especially the longer you play, the greater the probability of loss, because the side with a higher probability is always in the casino, and the gambler's mentality further pulls people into the abyss!
In the trading market, you can determine winning and losing by controlling the win rate and profit-loss ratio, which are also the two core points that all traders seek in their search for the holy grail of trading.
Short-sighted individuals often pursue win rates, while truly successful traders focus on profit-loss ratios, and the win rate is completely determined by the market based on the execution of their trading system. In reality, we can see many people with high win rates, but over time their accounts do not profit much, or even incur losses, while traders with lower win rates but well-controlled profit-loss ratios can often reap significant rewards.
In any industry, wanting to excel is a process of enlightenment, and the process of trading is the same. When you continuously break through yourself and upgrade and iterate your trading abilities, you are getting closer to the Way. All those who achieve great results have a very good trading mindset, which means that a good trading mindset is an essential quality for achieving great results. Without it, it is almost impossible to achieve significant results; a good mindset needs to be honed step by step in real combat.
In anything, as long as you make a plan and strictly execute it, you can definitely excel. In trading, as long as you form your own mature trading system and strictly execute it, you can also achieve results in the trading market. In reality, why are most people considered 'chives'? There are both those with and without awareness, but the key core issue is lack of discipline, not having their own trading system, and even if they do, they do not execute it with discipline. Of course, I am also on the path of improvement, let's encourage each other! $BTC $ETH $SOL