If you want to be a professional investor in the currency circle, you must have the mindset of a professional trader!
In fact, in the financial market, everyone uses the same tools (technical indicators). Since they are all the same tools, why are the results different?
Let's use the analogy of a racing driver. Today, two people are given a supercar each. However, one of the two people's background is an experienced truck driver and the other is a professional racing driver. The competition event is to accelerate in a straight line without any turns.
Professional racing drivers skillfully accelerate to more than 200 kilometers at the start.
After starting for a while, the truck driver reached a speed of more than 200 kilometers per hour and could no longer bear the speed and dared not continue to accelerate.
This situation is like you have learned a strategy with a high winning rate and have powerful tools, but you cannot control your mentality and emotions, so your performance results are limited. Trading is not about making more money than others, but being more angry than others!
It doesn't matter if you lose at the starting point today. If you train your psychological quality and have a way not to be affected by market fluctuations and profits and losses, you can become a professional trader sooner or later.
The great masters in the investment community can make huge fortunes in the financial market. They do not achieve it in a short period of time, nor do they always carry orders. If the trend is wrong, they will not only admit losses but turn around, etc...
Do you want to make big money slowly or lose money fast? It is not impossible to make a lot of money quickly, but the probability is very low, for example, if you win the lottery or you prepare a large sum of money to all-in!
How many times can you be all in in your life? Only by working steadily and slowly accumulating experience and money can you go a long way.
There is no holy grail in trading, no winning strategy
The second most important thing about strategy is that you must be able to do a good job in risk management and mental system in order to maintain profits and maintain peace of mind!