Shrimp Brother's Must-Read Diary for Making Money
To be a successful trader, one must be lonely and go through three stages: First stage: Last night's west wind withers the green trees, alone ascending the tall building, looking out at the endless road. Second stage: The belt gradually widens but no regret, for her I grow thin and pale. Third stage: Searching for him a thousand times in the crowd, suddenly turning around, that person is there, in the dim lights.
Any trader will have a period of being right, which must correspond to a period of being wrong. If one could always be right, the whole world would be theirs. The more experience one has, the more they will see some people who were called gods a few months ago, and then fools a few months later. Some have a high win rate but earn little, while others have a low win rate, like a couch potato, with a win rate of less than 20%, but made over a hundred million with 200,000 dollars.
So being wrong is not scary; what is scary is being swayed by emotions and not being able to stand up, or having a loss that is too big to fill, like Liangxi owing 200 million. In trading, one must protect the principal, learn more, review more, and find good targets.
Being a successful trader is like being a sharpshooter. Everyone knows that it must be fed by bullets, or when you go to a hospital to see an old Chinese doctor, it’s all about years of learning and experience that you are willing to visit. If a random person on the street says, 'I can treat your illness,' would you dare to let them examine you? This is like a newcomer entering the cryptocurrency market wanting to make money; how is that possible? Without paying enough tuition, without sufficient experience, and without someone to guide you, one cannot succeed without going through the phases of making and losing money to develop the right mindset.
Finally, the mindset for making money is outside the trading charts. Various candlestick patterns, Chen theory, and Daoism are discussed by many, but few make money, because trading is counterintuitive; for example, everyone likes to chase rising prices and sell on dips, always thinking of buying when the price drops, and when it truly drops, hoping it drops even more, without a target in their hearts, this is very difficult. Therefore, it is essential to learn more and reflect more. #币安Alpha上新