Some people open an account, place an order in a hurry, and then anxiously wait for the development of the market.
In fact, you have already lost a move. Why? Because you don’t have the patience to wait for the best opportunity to enter the market. As the saying goes, "Everything is difficult at the beginning." Whether your first order and first transaction in the market are profitable will have a great impact on your overall victory or defeat and mentality. You should observe calmly and make calm judgments off the market and finally make a cautious choice, which requires patience and a correct understanding of futures.
Don’t think that you are not doing futures trading if you don’t enter the market. The futures market is a battle of wisdom and psychology. When you stand in front of the screen, you have already started to fight wits and courage with the market. Your victory is that you see through a trap and don’t enter the market; you are confident in a rising trend but still a little skeptical and wait patiently for a while, and then the market suddenly reverses, and you are glad that you didn’t place an order hastily and suffer losses, which is even more of a big victory. So it can be said that there is also a fight outside the market. It is not a physical fight, but a battle of wisdom and psychology, which has already begun outside the market.
Based on this understanding, we should observe patiently and choose calmly every time before entering the market. We are bystanders outside the market! Bystanders can see more clearly and make more accurate judgments. We should fully cherish and make full use of the time outside the market to greatly improve our winning rate. The entry of funds into the market is like the army has arrived at the front line, and a smart general will not rush into battle. He will choose the best time.
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