Summarized several sins of trading, which ones do you have now? Which ones have you changed?
Sin 1: No systematic study of K-line, unable to understand the pattern, thinking that K-line is useless, unable to find key points, unable to draw key pressure support lines.
Sin 2: Always want to eat a big fat man in one bite, 10,000 dollars thinking that one order can make tens of thousands of dollars. Know that if there are too many small stop losses, the principal will be worn out. But I never understand that if there are too many small stop profits, the principal will slowly increase.
Sin 3: Not knowing how to stop loss, not knowing how to stop profit.
Sin 4: Frequent stop loss.
Sin 5: High leverage in all market conditions, gradually formed the habit of high leverage, resulting in looking at the market in the right direction, because a little normal reverse fluctuation can not bear, hold for a while to make a profit, but lose money to leave the market
Sin 6: In the contract, most of the cottage is made the main target. Not focusing most of the energy on Bitcoin, occasionally doing cottage.
Sin 7: No patience, open an order for the sake of opening an order
Eight sins: chasing long (short) during a sharp rise (fall), greed for greater profits after making a profit, and then stop loss and walk away during a rapid retracement.
Ninth sin: not reviewing. Not understanding the golden content of the eternal and unchanging human nature hidden behind the wise saying "History is always extremely similar, but each has its own differences".
Tenth sin: no independent thinking ability, long on Weibo when someone posts a rise, short on Weibo when bearish.
Eleventh sin: no short-term error correction ability, stubborn, too persistent. $BTC