$BTC
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If you don’t understand the following points, you won’t make money from Buffett's orders.
Please bring your brain and awareness.
1⃣️ Not fully following, unable to achieve unity of knowledge and action.
Having your own judgment, but too strong subjective consciousness!
2⃣️ There is no eternal profit.
You may have a few losses, then start to gain, but you didn’t keep up, leading to a sense of missing out.
3⃣️ Position management without preset stop-loss or take-profit, infinite greed and fear, causing you to want to go all in. As a result, I left, and you didn’t, leading to liquidation.
4⃣️ Each opening amount is different, as you wish, ensuring that each trade uses 3%-5% of your position without considering leverage.
5⃣️ Strategy release is based on market conditions. Time difference, if you are busy when the strategy is released and don’t look, you may miss the best position, and if you are in a bad position, you continue to chase.
6⃣️ When there is no strategy, you get anxious, your hands itch to open a position. Being anxious easily leads to losses because anxiety brings emotions, and emotions affect intelligence.
Little do you know, patience is also one of the strategies.
7⃣️ Disliking stop-losses; every trader will stop-loss. Stop-loss is part of daily routine, and stop-loss is also a cost of trading.
In the world of trading, you must know that not every trade will be profitable. Do not dislike normal losses. Trading, like doing business, is like going to war; it’s impossible to have no costs or not lose a soldier and perfectly win the war.
In the real trading world, most of the time it’s a roller coaster.
As long as you have a plan before trading, even if the plan is wrong, it’s still right. Without a plan, even if you’re right, it’s wrong. We should correctly distinguish between “wrong and right.”
It’s okay to walk slowly on the path of trading, but it’s fine to walk slowly as long as it’s the right path.
The trading market is not lacking in stars.
Of course, please do not follow my orders,
because you cannot know the specific situation of my strategy.