Recently reviewing and reflecting, I looked at the delivery orders from the past two months. It hurts; several orders had single profits of tens of thousands of US dollars, but were severely pulled back to square one, ultimately resulting in a meager profit exit. 😤
In my spare time, I casually read Livermore's memoirs, and the insights were quite profound. This tuition cannot be paid in vain; the lesson is deeply engraved: strong trends must be held firmly for the long term! Let profits run fully! 🚀
In a volatile market/range market? You must switch to a swing trading mindset! Take profits when you see them, never get attached to the battle!
Using a swing mindset in a trending market can only get you some soup; using a trend approach in a volatile market is destined to be fruitless or even result in losses!
Starting anew, focus on identifying the true trends!