I have been trading cryptocurrencies for a few years, with a cost of 30,000 yuan, and now it is worth tens of millions. Although it is not as good as some people who can achieve two small goals with 10,000 yuan, I am already very satisfied and feel safe and secure.
When you trade, you must have a good attitude. Don't let your blood pressure soar when the market drops sharply, and don't get carried away when the market rises sharply. It is more important to lock in profits. When I first started trading cryptocurrencies, I was so worried that I couldn't sleep well. I often woke up in the middle of the night. Now I am much calmer.
Those who read my articles carefully and study hard will definitely get the success they want. This is not chicken soup. This is a summary of my experience accumulated over the years in the cryptocurrency circle. It is still the following important knowledge points.
How to achieve a winning rate of more than 90% in cryptocurrency investment? When you understand what is a trend, trading will no longer be confusing. When you understand what is important and what is secondary, it means that you know how to weigh the pros and cons. Trading is the consideration of human hearts. If it falls, you want it to be lower, and if it rises, you want it to be higher. Every failed case is human greed, and every successful case is a rational reward. In the face of the trend, any counter-trend operation will bury your own funds, but you dare not take action with the trend. If it falls for a long time, you have to go long, and if it rises for a long time, you have to go short. Many people are trading according to this idea, but they don’t know that this idea has no technical basis. I believe that every investor thinks that if there is enough theoretical knowledge and technical analysis in the market, it will be smooth sailing, but they also ignore several places that are not taken seriously. It leads to the explosion of the order! Today, the madman will remind everyone and talk about the most easily overlooked skills. Help you improve the winning rate of orders!
1. Know your mistakes, admit them, and correct them
Traders often suffer losses when entering the market. At this time, they should think whether the loss is temporary or the trend has changed. If it is the latter, they should admit their mistakes and leave the market. When the market trend is inconsistent with their own ideas, they should never think that the market is wrong. The only one who is wrong is the investor. The measures to be taken at this time are to think and correct their views, rather than being stubborn.
2. Reverse Thinking
When you want to go long, look for reasons that are not conducive to going long. If there are reasons to go short, don't look for reasons to go long at this time. If all the reasons do not support going short, then go long. This is a way of reverse thinking and a forced change in mentality. It helps you filter out unnecessary transactions and makes your transactions more secure.
3. Don’t fight against the order
The purpose of making an order is to make a profit. If the direction of the order is inconsistent with your prediction, you can choose to leave the market instead of holding on to it. When the conditions for holding a long order change, you should leave the long order, and when the conditions for holding a short order change, you should leave the short order. Refuse to rely on luck and refuse to stick to the order.
4. Good condition
Before making a trade, traders can adjust their state, including clear mind and sufficient physical strength. If the physical and mental state of the trader is not good on that day, it is best not to intervene in and arrange the trade. Generally, those who are busy with affairs, in a bad mood, or sick should not enter the market. Apart from these three points, if you are sure that your thoughts are clear today, you can start trading;
5. Confidence
When trading in the market, you must have enough confidence. Don't be discouraged after a trading loss. Just follow the pre-planned operation after the loss. After the failure, you can choose to look for the next opportunity instead of worrying about it.
Trading in the market requires caution, but not timidity. What needs to be acknowledged is that losses are inevitable. What needs to be considered in trading is how to increase the winning rate and how to reduce losses.
6. Refuse to be casual
When trading, traders must refuse to make random moves. Strictly implementing the pre-trading plan is the best way to combat the psychological factors of traders.
A complete trading plan includes entry point, take profit point, stop loss point, margin point, position usage, entry conditions, and exit conditions. When the transactions are carried out according to the plan, the randomness and contingency of the transaction will be reduced to a minimum. In the investment market, every small detail is very important and cannot be ignored. Only by taking every small step can we take a big step. Moreover, the knowledge of investment in China is very important.
The two most important points in investing are: one is to know how to analyze the market situation, and the other is to know how to control risks. As an investor, you must have a good attitude and correct investment concepts. Positive people see an opportunity in every worry, while negative people see some worry in every opportunity: In the face of volatile market conditions, we must seize every opportunity. Seizing the opportunity is equivalent to seizing tomorrow! I won’t say much about chicken soup, just understand it in your heart! The reason for pain is the pursuit of the wrong things. It is better to say that you are not experienced enough than the market that makes you suffer. Don’t lose heart, no one is always unfortunate. Don’t be discouraged, no one is smooth sailing. I have experienced the bull market, felt the bear market, accepted the crash, and crossed the surge. Nothing can make you stronger than this.
