$BTC $ETH $SOL The market is too dull today, so I want to talk to you about something useful.
There is a famous triangle in the financial field, which is the Mundell Trinity Impossibility. That is, for an economy, one of the three must be sacrificed: monetary policy autonomy, exchange rate stability, and capital control.
There is only one exception, which is the United States. Because all currency exchange rates are relative to the US dollar, there is no such thing as stability in its exchange rate.
But other economies will sacrifice one thing. Europe, Japan, and South Korea will all sacrifice their exchange rates.
Our exchange rate is stable and the central bank has independent monetary policy, so what is sacrificed is capital control and currency cannot circulate freely.
Therefore, don’t have any illusions about liberalizing the crypto market in the short term. If the crypto market is liberalized, the stability of the exchange rate will be sacrificed.
Similarly, in contract trading, one of the three, win rate, profit and loss ratio, and number of opportunities, must be sacrificed.
Either sacrifice the winning rate or sacrifice the profit-loss ratio. If you want both the winning rate and the profit-loss ratio, you have to sacrifice the number of opportunities, that is, sacrifice time, spend a lot of time watching the market, and reduce the number of shots.
If you want the winning rate, profit-loss ratio, and number of opportunities, then you must be prepared to sacrifice yourself!
