* "Veterans suffer from shocks, novices suffer from trends" Look at the recent trend chart, the trend in the past 20 days I only went long in one direction, but I caught the market low 7 times in a row. (I do medium and long-term, and I only entered the market twice) The first time, August 23, entry point 1606 The subsequent two waves pulled it to 1700 and 1745 respectively. Dynamic reminder to 1700, profit can be taken in batches near 1730 But I personally didn’t divide it into batches, and I didn’t leave either. The reason for not leaving is: The trend is good, and the profit stop point is farther away. On August 31 (after the decline), profits were spit out After entering the market for the second time, the position is still open. So far, no money has been made from this volatile market. (It would be more ideal if you cut the profit by half midway)
The same is true if you choose (short direction) in this wave The first short selling point is 1700, if you happen to catch it If you choose the medium and long term, you will look at the 1400~1500 range. Then there is a high probability that you will be lost at 1745 on August 31st. In the second wave, can you survive the strong rising market? Making a short order again is also a test
From a hindsight perspective: The best result is to only do long and short-term orders to maximize profits. (The same mentality is also tested. One thing that tests traders is After taking profit midway, will you insist on waiting for the best position? )
In this whole trend Regardless of long order or short order Your best positions will be washed out.
If you have been taught to have oscillating thinking Wait for the next change Once we get out of the unilateral market You may also have inertial thinking Facing the situation of losing all profits
⚠️No matter whether you have made good profits in this wave or not Place a stop loss order, and then adjust your order thinking in a timely manner The next thing is the most important thing
☞If there is a breakthrough, do not cover your position to resist the order if you are in shock. ☞If it falls below, don’t go long Choose retaliatory heavy positions to buy the bottom
"I just want to beat you to death, or be beaten to death by you." Trading itself is a cruel game where the big eats the small and the strong eats the weak.
What if, everyone else is lost and you stay awake.
If everyone else is doubting, and you still persist - take their doubts into full consideration.
If you can wait and wait lonely, instead of losing patience. Or, people lie to you and you can extract the truth from them.
If you can dream, but don’t let your dreams dominate you. If you are able to think, you will not let thinking become your fetters.
If you encounter victory or disaster, you will neither cheer nor cry.
If you can tolerate your right being maliciously distorted by your mistakes, and you take it calmly.
If the treasure you cared for suddenly breaks into pieces, you pick up the pieces and put them back together again.
If you are at war with the gods, you will not feel weak or alone.
If you already have a lot of money, you can still maintain a good life routine.
Sideways trading is so boring. Boring, boring is right... Whether it is day trading or longer-term trading, real trading opportunities are always scarce. During the long waiting period, it is easy for people to find a sense of self-identity and existence by "doing something". This tendency is harmful. "Itchy" transactions usually do not comply with mature trading systems and often do not have actual profitability. It must be overcome if you want to be successful. When a trader truly overcomes the "itch" and realizes that trading is boring, it means that you have maintained the most appropriate distance from the market.
The end of technology is probability The end of probability is risk control The end of risk control is never big losses The end of the road with little loss is the system The end of the system is execution The end of execution is human nature The end of human nature is to cultivate the mind The end of cultivating the mind is everything is simple
Trading is boring, pretty boring. It's boring to wait for buying and selling points within your own rules. The most idiotic people in the world are those who think they have discovered the truth that others cannot.
A mature trader will not think that there is a unique secret to trading. Even the most profitable trading strategies and techniques have long been open to the public. Those who can resist the ever-present temptation and stick to their beliefs are the winners and losers. The only difference is that there is no other secret.
Many friends before and after told me about various difficulties and wanted to make some profits through trading. I told her all my trading strategies. She also knew where I bought and bought there. My transactions were completely transparent to her, but after a period of time, our trading results were very different.
Because she is always tempted to lose herself in the ubiquitous market and cannot bear the fluctuations. Either she is worried about not being able to buy and buys too early, or she wants a lower price but fails to buy, or she is worried about selling too late but sells too early, or she is worried about selling too late and sells too early. Having too many illusions and selling too late.
This is trading. Don't always think that people who make money have some unique secrets and count money behind closed doors. This market has existed for hundreds of years, and any feasible or unfeasible profit method has long been studied thoroughly. You can no longer find anything that has not been explored by previous generations, so don’t think you have discovered anything new. More often than not, it is a self-woven trap.
This is no longer an era when retail investors can rely on luck to make money. The aftermarket model cannot improve awareness in all aspects They will only be harvested and slaughtered!
Doing transactions, we find it very simple A computer or mobile phone You can open and close positions freely with one account The word freedom implies great risks:
Novices with itchy hands can enter at will and eliminate a group of them. Love to make short-term direction confusion and eliminate a group of people Make assumptions about the news and eliminate a group of people If you don’t know the system and don’t know how to review, you will eliminate a group of them. Subjective judgment despises technology and eliminates a group of As for those who refuse to stop losses on heavy positions As many as come will be destroyed! Mountains of bones piled up along the way They are all traders who consider themselves smart.
Instead of being such a smart person We might as well be a "fool" who can make money
﹉﹉﹉﹉﹉﹉﹉﹉﹉﹉﹉﹉﹉﹉﹉﹉﹉ Pay attention to the old ghost Talk to you about everything about cryptocurrency investment and trading * "Trading Technology" "Trading Principles" "Fund Management" *"Mindset Management", "Emotional Management", "Trading Taboos"
In most industries, the harder you work, the more you gain. But in the currency circle, God rewards those who work hard does not apply. Moreover, it can easily become a source of losses.
The more diligent you are, the more operations you will have, and you will continue to move in and out of the market. The harvest is often less.
for example: Keeping an eye on the market all the time is bound to be a "loss"! Over-analyzing and discussing from time to time will definitely lead to loss! Continuously learn various technical indicators and immerse yourself in them Those who diligently seek the Holy Grail will surely lose money! Asking "masters" every day, listening to news, busy making predictions, It must be a loss!
The characteristics of traders who have just entered the market are: I think I have to study and judge every paragraph, Almost all market conditions.
Greedy amateurs trade too frequently, Want to trade even if there are no good trading opportunities. Before they figure out what's going on, A series of losses can destroy their capital.
Only by deeply understanding transactions can we understand: More transactions do not necessarily mean more profits. Many times, the less you do, the more you make.
The most common mistakes many players make are: Not carefully choosing the right time to trade, When you see market fluctuations, you want to enter the market and trade. Once you make a profit, you will take the transaction lightly. The operations started to become more frequent, The next few losses will be too much for them to handle, As a result, huge losses were caused, and even the original capital was lost.
If you catch a good time, it is easy to make a lot of money. But why do most people lose money in the long run? Why do veterans and even so-called masters die?
In fact, the answer is very simple. People can’t stay idle. Facing greedy desires, always trying to do something, Made a lot of shoddy transactions that made no sense, It is this "hard work", these shoddy transactions, Not only did he lose all his profits, but he also repaid his capital. Debt, overdraft, They may even fall into the abyss of eternal destruction.
Anyone, as long as the number of your transactions increases, A meaningless, suicidal shoddy deal, will soon occupy a very high proportion, Only one of the bad trades triggered a revenge trade It's enough to get you into trouble. This has nothing to do with being a veteran.
If you trade too much, you will lose your vigilance. This is especially true when making profits. This is human nature.
Don’t be too diligent in trading Only rest can nourish your spirit. Striving for long-term victory is the answer.
The more correct the method, the more difficult it is to make a profit (always stop loss decisively), and the more wrong the method, the easier it is to make a profit. (Frequently cover positions and carry orders) Wrong methods can make quick profits in the short term, but the final result is liquidation, without exception.
Leverage brings both profits and risks. The ability to make huge profits is completely equal to the ability to make huge losses. The higher the short-term profit, the greater the risk, and the better the level. Only when a certain profit is obtained in a period of more than two years can it be called level. In the short term of less than three months, the higher the level of huge profits, the better. Before you can make stable profits, using leverage to make profits will only harm yourself and bring no benefit.
Judgment of trading level is the cumulative result of judging others’ one hundred transactions. Rather than judging others for doing the right thing and making a few beautiful transactions. The final judgment standard is the annual profit-to-risk ratio and the annual profit-to-risk-to-point ratio.
#老鬼热评 I saw that the upward trend of a coin was established, so I opened a $100X$ contract. After a long period of practice, I no longer felt any pressure to spot the general trend.
Especially after I placed the order and the rate of return increased to 30% within 3 seconds, I realized that I am the real trading master. Buffett is just a clown. I am 100% every day. With the growth rate of wealth, within a few years, I will be number one on the Forbes list, and Musk will only give me shoes.
Unexpectedly, within two minutes, my rate of return suddenly turned negative. I thought to myself: This is just a normal price fluctuation, so don’t panic. Sure enough, within half a minute, my profit rate began to increase until it jumped around 0.
So I started to fantasize about whether Liu Yifei and Ni Ni should take turns waking me up tomorrow. At that moment I was so proud, and at the next moment a cell phone notification brought me back to reality. Email reminder that your position has been liquidated.
My sky has fallen. I don’t know how I will face my family and friends in the future, and how I will survive. After all, the liquidation money was a full 50 yuan, so I was destined to miss the fragrant duck leg fried rice downstairs at noon today. What a sad story. Thinking of this, I felt sad, stopped talking, and went to move the bricks.
You are confused because your trading concepts are backward.
The vast majority of people in this market are destined to be permanently confused, seeking various techniques and secrets but ultimately failing. Some methods can be used by others, but why can’t I use them after learning them, or even die? Let me tell you a historical story first.
In 1861, the Second Opium War directly captured Beijing. The emperor fled. The Qing court was truly shocked. When the Sixth Prince returned from Rehe, one of his main missions was to "purchase" this powerful weapon from foreigners. There are two foreigners, the British and the French.
The Sixth Prince was worried, not knowing whether he could coax or deceive him, or whether six million taels of silver could buy 3,000 guns. Who would have thought that as soon as the foreigners opened their mouths, the British and the French would not wait to compete with each other. Yi Xin immediately heard the reply: "Foreigners are not only willing to sell weapons, but also the methods for making weapons."