Today, a guy who made 10 times last week asked me: Old A, how should I operate in this market? The fluctuations happen only during those few hours at night, and I haven’t had a chance to recover from a stop-loss, I’ve given back a lot of what I earned.
I told him: In this situation, you need to control your hands, withdraw your profits first. Most of the current time is considered garbage time; go out and play to pass the time, or even sleep and play games, just don't focus your energy on this period. The fact that you could make 10 times last week shows that you are skilled at trend trading, but we need to have a sufficient understanding of ourselves. Not every market and every stage is suitable for you. If you’re trading trends, don’t touch sideways markets; conversely, if you like to trade sideways, avoid one-sided markets.
You only see Liangxi turning around after three years, but you ignore the beatings he took before. We spend most of our time trial and error, waiting for a market we are familiar with, then trading boldly, rather than always thinking of going all-in.
Ordinary people can make money in the market and achieve consistent profits only by finding their own positioning, avoiding unnecessary losses, and doing what is profitable. You need both offense and defense, so that you can be well-rounded!!