In trading until the end, it's all about mindset
Many people think that trading earns money from skills and strategies, until they lose to the point of numbness, they realize: what allows you to survive and make money is always your mindset.
1. Don't stubbornly fight against the market, learn to 'give in'
The market will not change direction because of your obsession. What you think is 'buying at the bottom' may be halfway up the mountain, and what you firmly believe is a 'rebound' may be a trap.
• If you're wrong, cut your losses, don't hold on to your position. Holding on is essentially gambling on luck in the market, and often turns a 'small loss' into a 'blowout'.
• Don't chase rising prices and kill falling ones. Seeing the market soar and getting greedy to enter, or panic-selling when it drops, essentially means being led by emotions and becoming the market's 'bag holder'.
2. Accept 'imperfection', give up 'being right every time'
No trading system can be 100% profitable; even top traders may not exceed a 60% win rate.
• Don't deny yourself because of a single loss. Trading is a game of probabilities; a single win or loss doesn't mean much. Stick to the discipline, and long-term profitability is the goal.
• Don't be greedy for 'selling at the top, buying at the bottom'. Those who try to catch every fluctuation will ultimately be devoured by the volatility. If you can catch the 'body of the fish', you've already outperformed 90% of people.
3. Control 'desires', keep your 'true intention'
The biggest enemy in trading is your own greed and fear.
• Don't get carried away when making profits. If you earn 10%, you want 20%, if you earn 20%, you want to double it. In the end, you often give back your profits or even incur losses. Learn to take profits; securing them is what matters.
• Don't panic when losing. The more anxious you are, the more chaotic your operations become, leading to deeper losses in a 'panic-chaos-deeper loss' vicious cycle. Stop, review, and summarize; this is more useful than stubbornly holding on.
Finally, I want to say:
Techniques can be learned, strategies can be practiced, but mindset can only be built through 'endurance' and 'understanding'. The market is always there, opportunities are always present, but only those who can stabilize their mindset can wait for their own market wave.
Trading is not gambling; don't gamble your future with emotions. Stay calm, slow down, and you may go further. #上市公司囤币潮