It does not mean that someone can win because of his good psychological quality. In fact, the difference in psychological quality between people is far from as big as we think. There are strengths and weaknesses, and the strengths tend to vary. But weaknesses have a lot in common.
Things that are often exposed in the futures market include: timidity, greed, lack of patience, etc.
The key to the problem is not who has good psychological quality and few psychological weaknesses. Rather, it is a question of how to overcome weaknesses in futures market operations. Many people think that my psychological quality is good, which is another misunderstanding. In fact, I just understand my own psychological weaknesses better, and adopt active and effective methods to prevent various weaknesses from being exposed in my board operations. In other words, use my trading techniques to adjust your mentality and avoid psychological weaknesses.
I am actually a sensitive and fragile person in many situations, and at least some of the people closer to me will understand what I mean by this. I know that in many cases my mental quality is worse than that of ordinary people, just like the status of every athlete in every competitive sport is good or bad. But the external performance in trading is not like this, at least the fluctuations in this state are not so obvious. Why? It's not that my mental state has undergone any special changes in this situation, but that I have used special adjustments to keep my mind in a peaceful and healthy state.
Whenever there is a slight change in my psychology, I immediately make adjustments to the market. For example: I have some buy orders that have risen half the price limit and suddenly encounter unexpected resistance, causing the price to be unable to rise. At this time, my confidence in the market is shaken. Correspondingly, everyone is prone to behave naturally at this time. Feeling uneasy and restless. If it is "stipulated" that I can only wait at this time, can you expect me to behave differently from others? I knew I would be just as irritable as everyone else, maybe even worse. But I won’t let my ugly side show off, because no one “stipulates” that I must wait, and no one “stipulates” that people must see my embarrassment when enduring psychological torture. I will take action immediately, express my worries in the operation, and digest them in the market. At this time, I will not just wait and pray for the market to break through the resistance and continue to rise, but will quickly close half of my positions and put my Doubts and wavering showed up on the market, and I calmed down after that, because even if the rapid decline broke through the support level I relied on when I entered the market and forced me to leave the market, I would lose half of my closed position. The profit from the order can completely make up for the loss, so I am in an invincible position.
If you are hesitant about how to deal with the lost orders, you can also use the same method to adjust your mentality. As for whether to deal with one-half, one-third, or any other proportion, each person can decide according to the specific situation, but it should be achieved The purpose is to adjust your mentality. This is very important. What we use to adjust positions in a timely manner is not only the current risk situation, but more importantly, our mentality. Many people don't have this awareness. For me, this is the best and only way to maintain a balanced mentality in the fierce long-short confrontation and the uncertain market trend. When you can't defeat yourself, you can still find ways to adjust yourself. Dealing with orders in this way is one of the ways. I know that I have no ability to use my mental state to influence the market. I can only use my handling techniques to fully express my feelings about the market.
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