Do you guys notice why we have methods, systems, and principles?
Although there are many transactions, we still know our clear principles, there are 4 or 5 conditions to enter an order and execute it.
But many times I still click my tongue and overlook 1 or 2 conditions, at that moment, it seems like something is wrong, but at that time, the greedy part of me says, what's the problem, trading is all about probabilities, let's just go for it, it's the same anyway, just enter the order, why think too much, then that trade order brings profits to the group many times, and then the group starts to think, do we need to have all the principles to still make money, it’s about probabilities, why do we need rigid principles, gradually the group forms the habit of clicking their tongues, when the market conditions are no longer favorable, those principles will protect the group, but the group has gotten used to that tongue-clicking, so they will still enter orders, while the principles don’t have enough conditions to enter, at this time the market will take back all the profits the group has made, even though the group still has other principles that don’t lead them to blow their accounts, but their accounts are still in the negative, the group gradually doubts their own abilities, and then they will leave the market.
Now the group has realized the reason, so don't form bad trading habits, it will lead you out of the market. You don't need to trade too much, trading is not like other normal professions, this trading profession means doing nothing the most, doing nothing means that you have time to observe the market, patiently wait for the right timing, and enter trades only when your setup is right, don’t rush to follow the MARKET’S CALL and LOSE YOURSELF.
#tradingtips