Stop complaining about how hard the market is; at the end of the day, most people can't even grasp the most basic trading rhythm.
Making money boils down to five steps:
1. Don't wait for opportunities; you're just waiting to lose money.
If the market hasn't moved to the right position and you rush in, the result is either getting buried or washed out.
Real experts only take action when the market kneels down and presents opportunities.
Want to roll over your positions? Then you need to wait for the right timing.
2. Technical analysis is not just for show; it's a signal.
When you want to open a position, it's not about feelings or luck.
Once the technical pattern appears and the signal is confirmed, place the order decisively; don’t hesitate.
Understand it in one go, and act immediately.
3. When the market is right, don't hesitate; add more!
If the market is moving in your favor, don’t waste this tailwind.
Add some positions to gain more, but remember—add slowly, don’t go all in at once.
If the market is cooperating with you, strike while the iron is hot.
4. Knowing how to reduce positions means you’ve really made a profit.
Don’t always think about getting the last bite. If there's profit, you should take it; if something feels off, pull back.
Traders who don’t know how to reduce positions are just there to give money to others.
Don’t be greedy; securing profits is the way to go.
5. Exit when you reach your target; leaving whole is winning.
If you reach your target and still don’t leave, then wait to be harvested.
When the market changes, you won't even be able to keep your shorts.
Be decisive in making money, and be ruthless in closing positions.
In this market, no one will feel sorry for you.
You bear the ups and downs; you swallow the profits and losses.
Don’t expect anyone to take you flying; relying on anyone is worse than relying on yourself.
No matter how bitter or tiring it is for you now,
As long as you don’t give up,
One day, it will be your turn to hold your head high and turn your account red.
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