Trading detours!
The biggest detour in trading is to always live in your own fantasy
Many people who trade always like to imagine that they can catch the top and bottom of the market. Every day they think about "getting rich overnight" and always imagine that the next bull market is just around the corner, but the result is often counterproductive. This is the **biggest detour** in trading, always living in fantasy and unwilling to face reality.
The first fantasy: always thinking about buying at the bottom and selling at the top
Most people have fallen into this misunderstanding, always thinking that they can buy at the lowest point and sell at the highest point. But the reality is that very few people can really do this. Market fluctuations are unpredictable, and you can only deal with them through strategies and risk control, not luck.
The second fantasy: the market will definitely go according to your expectations. Many traders, especially those who are just starting out, often have an illusion: if they see the direction, the market will definitely go in that direction. The fact is that the market is always more complicated than you think, and your expectations are likely to go against the market.
The third fantasy: making money by frequent trading
Some people always think that frequent trading can make more money, and it is very easy to go in and out, but in fact, most of the time they are just chasing ups and downs, wasting fees in vain and missing out on real profits.
How to avoid falling into fantasy?
The most important thing in trading is to recognize the reality, develop a sound strategy, and strictly implement it. Don't think about gambling on a comeback. The market will not pity those who operate on feelings. What you need is rationality, discipline and patience.
