#btc

The 13th Secret of Divine Knife Trading

If you want to chop down a tree in 8 hours, you must spend 6 hours sharpening your axe. You will know how important learning and reviewing are. In futures trading, research and learning are very important. The time spent preparing for the exchange should exceed the time spent on placing orders and watching the market. There is no so-called opportunity that cannot be missed. There will always be the next train. We must remember that there is no end to the money in the market, but it can be lost in minutes. Futures trading is based on trends, not prices. It is not too late to wait for the trend to become clear before taking action. Although this will lose a small amount of price advantage, it will win the safety of the principal. The goal in trading must be consistent with the market and follow the trend of the market. If we are consistent with the market, profits will naturally roll in. If we misread the trend, the simplest thing is to exit with a small stop loss, which will not hurt our vitality. Counter-trend operations are the beginning of failure. We should not fight the market or try to beat the market. We don’t need to be smarter than the market. When the trend comes, we should follow it. If there is no trend, we should wait and see!