Why are you consistently losing money? Don't worry, I'll help you analyze where the problem lies. In fact, it's easier to lose money than to make money in trading because most people overlook the essence of trading and their own mistakes. Below, we will gradually break down the reasons and see if you have fallen into these 'pits'.
📖 So how can we avoid consistently losing money?
Let's initially compare the various stages of transitioning from consistently losing money to consistently making profits, and identify the skills we need.
📌 How should we master these skills?
Let's simplify it into 5 stages, where we can see that the essence of making money still lies in position management. The position management we need to master at each stage is different. How we efficiently utilize our funds is the essential difference that determines whether we make stable profits and how much we earn.
Regarding how to improve position management, I will explain it in detail in the Trading Class later.
See you next time, classmates~
