#常见交易错误
Mistakes are a must for traders, but how do we transform lessons into growth? Sharing my blood and tears history and rebirth rules👇
1. Frequent switching of trading systems and overtrading
Mistake Experience:
I once acted like a "technical indicator collector," trying over 40 strategies in 3 years, changing methods every time I incurred losses. During day trading, I forced trades even when my strategy showed no signals, trading more than 6 times a day, and ultimately got slapped by the market repeatedly.
Lesson:
- Systems need to settle: Top traders often have simple systems, but they need 4-8 weeks to verify their effectiveness;
- Quantitative trading frequency: Set a hard rule of "a maximum of 4 trades per day" and use physical limits (like unplugging the internet) to combat impulses.
Advice:
📌 "Patience is the ultimate virtue; top hunters spend 80% of their time waiting." Place the strategy in front of the screen and silently remind yourself before each trade: "Forcing a trade = giving money to the market."
2. Ignoring money management: From blowing up accounts to rebirth
Mistake Experience:
I was once on the verge of collapse due to a single trade loss exceeding 20% and a monthly loss reaching 30%, even averaging down against the trend, increasing my losses.
Lesson:
- 2% and 6% rule: Single trade loss ≤ 2%, monthly loss ≤ 6%;
- Dynamic control of positions: Halve the position in a choppy market, expand when the trend is clear.
Advice:
📌 "Money management > technical analysis" Newbies should test the waters with 10% of their capital, asking themselves during losses: "Is this trade worth risking a day's profit?".
3. Emotional holding: From "hanging on" to "stopping loss is profit"
Mistake Experience:
I once held a losing position for a week, fantasizing about a rebound to break even, ultimately losing 7500 rubles due to forced liquidation. I also fell into a vicious cycle due to "loss aversion" and revenge trading.
Lesson:
- Stop loss = trading entry fee: Set a stop loss when opening a position, treat it as a necessary cost;
- Zero-sum mentality: Every trade is a fresh start, not linked to previous profits or losses.
Advice:
📌 "Stop loss is the lifeline; holding a position is a suicidal act." Use trailing stop losses to lock in profits, for example, moving the stop loss to the breakeven point after a 50-point profit.