When trading, be sure to go with the trend and stay away from choppy markets.
Carefully observe event contracts; often, it's just a matter of opening a minute later to win, or opening a minute earlier to also win, but somehow that one minute you opened can't win. The probability is high that trades should be opened at whole minutes that are multiples of 5. #EventContract
From 'Conquering the Market' to 'Dancing with the Market'
Do you rationally understand the importance of 'the market determines you, you must follow the market', but subconsciously still believe you can beat the market, even often fantasizing about getting rich quickly with little investment??? I. Why the subconscious resists 'the market determines you'? 1. Overconfidence Bias Performance: Overestimating one's analytical ability, believing one can predict market fluctuations or discover 'unique opportunities'. Root cause: Accidental successes are attributed to ability (e.g., profit from a specific trade), while failures are blamed on luck or external factors;
What to do if you're always losing in trading? Take these 4 psychological secrets!
Everyone, we all know that humans have a subconscious and a self-consciousness, and it is very easy to fall into obsession during trading. Bottom-fishing and chasing highs are deeply ingrained in your subconscious; you always hold a lucky mentality (maybe this time it will work), and inadvertently fall into the "gambler's fallacy"!! Even if you wake up for a moment, it doesn’t help; often, you accidentally fall back in again!
Today I want to share with you a few super useful "psychological secrets". Follow these, and you won't go wrong!!!
Turn subjectivity into objectivity We must be clear that the market is the boss, not us. Only by obediently following the market's rhythm can we have a chance to make money. This is a change in consciousness and mindset, and you need to change quickly!
$USDC Currently, there are no transaction fees for placing orders, which is definitely a big benefit for those who love short-term trading and for those who trade frequently. If you are still troubled by the high transaction fees of USDT contracts, why not switch to a different track!!! $BTC
How do you choose between 'losing opportunities' and 'losing principal'? If you keep making mistakes, perhaps you shouldn't trade; if you really want to trade, maybe wait 2 minutes.
I do not allow anyone to misunderstand the psychology of contract trading
Let's first talk about what contract trading is. Simply put, it’s like a 'game' predicting the price fluctuations of virtual assets, such as Bitcoin and Ethereum. Moreover, there’s leverage involved, like using 'little effort' to pry up 'big things', which can increase returns, but if you misjudge, the losses can be frightening. In the field of contract trading where opportunity and risk coexist, trading psychology plays a key role in investor decision-making. Let's talk about those psychological 'traps' in trading. Fear psychology :
A Qiang opened a long contract position, and once the price suddenly dropped by 10%, he became extremely scared. Although it hadn't reached the stop-loss point, he hurriedly closed the contract. However, right after selling, the price shot up. This is fear making him panic, causing him to miss a profit opportunity. In contract trading, prices fluctuate like a roller coaster, and fear can easily lead to wrong decisions.