Guo Yunshen, a master of Xingyiquan in the late Qing Dynasty and early Republic of China, had never met an opponent in his life with just his Half-Step Collapse Fist. And the master of trading consistency, Fat House Bitcoin, was also invincible with just his Half-Step Collapse Fist.
They are all advocates of consistency.
No fancy analysis, just watch and do.
Fixed buying and selling points.
Buy on breakout and sell on engulfment. Only buy at the divergence points that are most likely to generate emotions.
If the opportunity doesn't come, wait; if it comes, jump on it; when it jumps, keep waiting; when it reaches the target position, close the account. After three years of trading, the more I look back on the fat house, the more I think about it, from the beginning, I thought, is it that simple? And then the more terrifying it becomes in the end.
We often lack consistency, emotional consistency. Maybe we lost money a few days ago and are afraid of losing more money so we cut our losses. We are not in a good mood recently. We recently broke up and don’t want to watch the market. We were scolded by our boss recently and are not in a good state.
We are often influenced by the noise of the market, and we are often influenced by our own self-righteous cleverness.
for example
Hey, the short-term trend here is so weak, let's close it first. As a result, I closed it correctly. I am really a genius. I closed it incorrectly and cursed the dog dealer for inducing short selling. I also found that the mentality of trading must be at ease. Impatient people can't trade well (the emotions in trading are very high, basically in a state of "grabbing", "fighting" and "grabbing"). People who are uneasy if they don't do something, that is, they can't stand loneliness and loneliness. People who always need to participate are not suitable for trading ("Not entering the market to make orders is a waste of time. Trading should be continuous buying and selling to make money." Oh, several hours have passed, and I haven't done anything. Others are working and making money. Am I not wasting time?"). People who fantasize about getting rich quickly will inevitably fail miserably, and those who are anxious to make money will inevitably lose money (there must be someone at the bottom of the market, otherwise the market would have ceased to exist long ago. This is probably the biggest open secret about trading, but people who lose money at least never believe this open secret when they lose money.). Trading is lonely, trading is lonely. People who like excitement will suffer when trading, and people who are afraid of loneliness will also suffer when trading.
People who do business should be "lonely and peaceful" and feel at ease, retiring to the state of fishing instead of the posture of highway robbery.
Love trading. Even if the first thirty years are fruitless, the next twenty years will surely yield rewards.
Trading is indeed an old man's game.
Some real experience, strive to improve the quality of trading...
