Hello everyone, I am Brother Yimeng. Looking back on my six-year trading career, I have experienced many ups and downs, and started to achieve stable and continuous profits from the second year, amidst numerous hardships. I see many confused beginners in the plaza, with accounts fluctuating, following streamers only to end up with nothing. I seem to see my past self. Now, I want to share some of my experiences with those who truly want to learn trading, do it well, or make a living from it. I hope this helps you!
In trading, technical skills are often just the foundation. All indicators, technical analysis, and fundamentals are reflected in the price action of candlesticks. Every strategy has its limitations; sometimes it works, sometimes it doesn’t, and at times you need to choose which ones to use. Understanding this means you are already thinking independently and making progress. You gradually acknowledge that there is no infallible strategy. Even with a high win rate, stop losses are unavoidable.
If you are a beginner, I suggest you read some basic books on candlestick patterns. Practice with small amounts to learn through trial and error. If you are an advanced trader who has not achieved consistent profits, I advise you to manage risk well and cultivate discipline. It’s not about forcing yourself to execute trades through sheer will, but rather trading naturally. Only by doing this can you truly reach enlightenment in trading.
Every trader has their own trading system that suits them, but following that system is another matter. Many traders with high win rates don’t make much profit or even lose money. There are many reasons for this, but most often it’s due to an unwillingness to cut losses and a pursuit of perfection. You must learn to acknowledge the existence of stop losses, accept them, and even embrace them. Otherwise, you may find yourself in a situation where you are reluctant to cut losses, stubbornly holding on to trends and unable to secure profits, which will prevent you from consistently growing your account and achieving stable profits.
As traders, we always live alongside our greed and fear, expansion and extremes. We must learn to elevate our awareness and change our beliefs. Belief is power. Do you want to become an excellent trader or a gambler swayed by emotions? Calmly ask yourself. Once you understand what your beliefs are, discipline will come naturally, rather than relying on sheer willpower to force yourself to execute trades.
As you trade, you also learn to observe and record your emotions. Gradually, you won’t feel anxious or troubled by stop losses anymore. You no longer pursue perfection because you understand that profits are rewards from following your trading system, and stop losses are your system protecting your capital once again. Trading is about probabilities; the market is unpredictable. You can only respond to it. Slowly, your emotions will harmonize, making trading simple, repetitive, and even a bit boring. Your account will accumulate little by little, and you will start to make consistent profits.
Trading skills are the foundation, but more importantly, you must learn to coexist with yourself. This is a life lesson, not just in trading but in every aspect of life. If I can help you, feel free to reach out!#kol #币圈投资策略 