As a trader, I will do my best to remain calm, understand the emotional fluctuations of the market, and adjust my strategies across different time periods. During the euphoria phase, I know that prices may rise excessively, so I will set profit-taking and stop-loss points to avoid getting into trouble due to overconfidence. In the complacency and anxiety phases, I will remain cautious, avoiding blindly chasing orders in an uncertain market, and instead wait for clearer signals to emerge.
When the market enters the abandonment and reassessment phase, I will try to avoid emotional decisions. When prices fall, I will patiently wait and avoid panic selling. Instead, in the hope and recovery phase, I will look for undervalued opportunities, steadily enter the market, and adjust my strategies to adapt to the new market environment.
Risk management is crucial for me; I will diversify my investments, avoiding putting all my funds into a single asset to mitigate the risks brought by market volatility. Furthermore, I will always adhere to my established trading rules, not letting emotions dictate my decisions, and maintaining focus and discipline is the key to successful trading.