Four stages of trading - the road to stable profits
Preface - entering the pit
New customer benefits, make money as soon as you enter the market. Most newcomers see a big wave of market trends and think they can make a fortune by following up. Then as the trend continues, they really make a fortune, so it is easy for newcomers to make a profit. After that, they are reluctant to leave the market because they miss the feeling of making easy money. They even keep adding positions when the price falls below the cost line. Even if they are lucky enough to rise in the end, they will do the same operation next time. There will inevitably be a time when the price does not rise, which will lead to the final loss. Without a trading system, buying and selling are all based on feelings. You can only make a profit if you predict correctly, and most of the time you will lose money. After such an experience, a group of people will be eliminated, and those who can continue to persist will enter the following four stages from the pure leek stage of newcomers. In the first three stages, every time you step into a stage, you will feel that you will achieve stable profits, but in the end you will burst your position and leave the market, eliminating batches of people. The principal of those who persist will continue to decrease, especially those who are full of positions in the novice stage, and those who want to make a fortune and leave with heavy positions, will find it more difficult to persist in the later stage.