The death of a group of wild horses on the African grasslands was very strange, because there were no wounds on their bodies and it did not look like they were attacked by wild beasts. After careful research, zoologists finally solved the mystery. The reason why the wild horses died in groups was that they were sucked by a kind of vampire bat. During the sucking process, the wild horses were restless and very tormented, but they could not get rid of it, so the wild horses could only relieve their anxiety and pain by running non-stop, and finally fell to the ground exhausted and died. So what defeated the wild horses? For wild horses, the blood sucked by vampire bats is very small, and it does not cause great harm to wild horses, nor does it affect the health of wild horses, but the wild horses' intense emotional reaction to this external factor is the root cause of their death.
We traders all want to make long-term stable profits, but the stability here must first be emotional stability. It is difficult for an irritable person to do a good job of trading. In a blink of an eye, he will happily show off everywhere, as if the market is his own ATM, and he can withdraw whatever he wants. He will be irritable and angry when he loses a little, and even vent his anger on the people around him, saying that you disturbed me and made me sit. We missed the market, and we were profitable just now, but now it has become a loss. So we traded with emotions. The order that was originally profitable reached the stop loss level but did not stop the loss. Then there was a plunge, and the small loss became a big loss. Then we carried the order against the trend. Seeing the loss getting bigger and bigger, we started to increase the position to spread the cost. As a result, the market seemed to be deliberately against us, and the more we added, the more we lost. After carrying it to the end, seeing the loss getting bigger and bigger, the emotions gradually calmed down, and we began to reflect on whether we had done something wrong, why we didn’t stop the loss, why we carried the order? Why did we increase the position against the trend? Finally, give yourself a goal, if you get back the cost, close the position. However, the market then had a big plunge, and I started to add drama in my heart, regretting why I didn’t close the position just now. If I had just closed the position, the loss would not be so big. At this time, your emotions are out of control, and the market has another wave of accelerated decline, which directly breaks through your psychological defenses, because you can no longer accept such a big loss. The fear hidden in your genes will instantly dominate you to close your positions and escape. You will naturally think of the first principle of trading, to protect your principal. When you close your positions in a confused manner, you will instantly feel a sense of emptiness and exhaustion. At this time, the market will give you the last critical blow, a sharp rebound and go away. You will find that you just closed your position at the lowest point, so all kinds of negative emotions will come at once, anger, mania, and regret will rush out like a flood that has broken the dam. You will be as agitated as a wild horse being sucked by vampire bats, and you may even have the urge to slap yourself. After the mania, you will hide in an empty corner like a wounded beast to lick your wounds. When your emotions stabilize, you will summarize, review, and make various rules for yourself, silently make up the account margin, and start a new transaction.At the beginning, everything goes smoothly. You are lucky and open a position just when the market comes. You make a profit in a smooth market, and you close the position at a high point. After closing the position, you see the market turn down. You feel that your reflection is finally useful. You are full of confidence and revived. Then, when the market goes online again, the story above begins to repeat itself. The vampire bat starts to suck the blood of a wild horse again. That's it. The sheep repeats it over and over again until the wild horse is exhausted and falls to the ground and dies. #以太坊ETF批准预期 #币安HODLer空投BANANA #WazirX黑客事件 #美国大选如何影响加密产业？ #山寨季何时到来？