For most leeks, avoiding losses is the first priority, and profit is only the second. They think that not making 100 yuan and losing 100 yuan are not the same thing, but from a rational point of view, the two are actually the same thing. They actually represent that the 100 yuan has not made a profit. Studies have shown that the psychological shadow of loss may be twice as large as not making a profit of 100 yuan. Therefore, when trading, this mentality affects their judgment ability. They may lose money because of following their own trading rules, or they may lose the same amount of money because of missing an opportunity. However, the pain brought by the former is far greater than the latter, that is, the pain of losing $10,000 is no less than missing a $20,000 profit opportunity.
Many times, even if he catches the opportunity to make a profit, as long as the price falls back a little, they will immediately stop profit, thus missing a large wave of opportunities later, but they are complacent, but they are far from realizing how much they have lost. Therefore, we must overcome this mentality when trading. If we are bullish and enter the market, we must be firm in our views and do not care about small callbacks and fluctuations, unless it exceeds the stop loss line set by ourselves, in which case we must clear the position immediately.
As long as you can stick to your strategy, stay focused, and don't be controlled by emotions, I believe you can go further and further on the road of trading. #加密市场反弹 #美联储何时降息? #BTC☀ #韭菜的心路历程 #ETH🔥🔥🔥🔥