The general public investors have a misunderstanding or cognitive bias about trading, that is, they think that the market can be predicted or expected, the market or price will reach a certain position, or the exact time point, when the market will start to change. From a rigorous perspective, if we predict, it should be 100%. As long as it is not 100%, it is actually related to probability, so it cannot be called prediction, it is a game of probability. Trading actually involves a comprehensive game of probability and fund management. We can regard this fluctuation as a change in the size of probability or a change in the profit and loss ratio. We take the opening of a position or the entry time within your system as the basis for our bet. When you find an opportunity that is beneficial to us and conforms to our money-making system, use a certain risk that is controllable, such a loss or risk, to gamble on an opportunity that may have a relatively large uncertain profit. When there is no opportunity, we take this cash and don't waste bullets casually. When we find an opportunity, we bet again. We will always stand on the winning side and don't be a participant in the multi-party or two-party war.
Be a passive hunter, wait for the right time and move forward on the waves. The key to trading is to continue to grasp the advantage and quickly admit losses. The important principle of the current bear market is that the market has been falling for a long time. It is right to sell at any time, even if it is sold at the lowest price. Passive holding and waiting for its bottom is very dangerous, because it may not have a bottom at all. A good hunter must be good at waiting. When there is no big opportunity, be as quiet as a stone. The way of trading is to wait for the most favorable risk reward for oneself. There is a famous saying on Wall Street that a good trader is a trader without opinions. A successful trader does not assume in advance which direction the market should go, that is, he does not make predictions, but lets the market tell you how and where it will go. We just need to react to the trend of the market. It is not correct to set your own opinions, but you must know what you should do now. In the way of trading, the strong are easy to break, and only the most yin and soft can dominate the world. Success is equal to small losses and increased profits, defending an invincible position, and winning the enemy. Survival is the first principle. When there is a danger of hindering the first principle, abandon all other principles. Cryptocurrency trading is to avoid uncertain transactions and only bet on obvious rising trends. If there is an increase, chase it early, and if there is a drop, sell it early. Overcome all human weaknesses and you will definitely get a profitable entry ticket. #Launchpool #web3钱包 #bian