What is the most painful thing about doing business?
A friend on WeChat told me a very classic saying: The biggest pain in trading is knowing that you are good, but not being able to prove it.I asked him back: Isn't the most painful thing about doing transactions not making money?He told me: You don't understand the psychology of a very competitive person. For me, proving that I am good is more important than making money.Knowing that you are awesome but unable to prove it, do you have similar thoughts? What do you think is the most painful part of trading? Let's talk together~
Since when did you feel that trading is not that complicated?
Let me talk about myself, when I came into contact with currency, I found it very simple. Isn’t it just buying and selling currency, and there is no time limit. Later, when I really started trading, especially when I came into contact with indicators, I found it very difficult. Some indicators even have names. I couldn’t read it well, and after I studied it thoroughly, I found that the market was not as docile as I imagined, and losses were common, and my mentality collapsed...Why do I think trading is from simple to difficult, but Isn't it getting simpler and simpler as everyone said? Do you feel the same way?
What is the core secret of your profitable trading? Can you share it?
The core of what I want to ask is the meaning of "tools and strategies". It's like drawing a hand of cards. How to play this hand to win is the core. In trading, what you need to know is how to design your own "cash machine", that is to say, what core profit do you rely on? Turn the transaction into a complete planned planting and harvesting. What do you earn money from? What is the core secret?
How do you handle when you're in the "wrong trade"?
I heard from trading masters that transactions are divided into correct transactions and incorrect transactions. Profit orders may be wrong transactions, and loss orders may also be correct transactions. How do you define "wrong trade"? What is the most impressive mistake you made? What kind of result? What enlightenment did it have on your subsequent orders? I hope you guys can share it, thank you!
What logic, common sense, theory or philosophy is your trading system based on?
Any long-term trader will inevitably form his own relatively stable "trading concept". From the beginning of contact with the financial market (stocks, futures, foreign exchange) to the later relatively stable and mature stage, it must also be in line with some of the basic ideas he recognizes. Common sense and theory are related to philosophy. For example, from the perspective of the law of the development of things, things must be reversed when they are extremely extreme. From the perspective of human nature, herd mentality, unconventionalism, breaking the old and creating the new. There are also the law of the jungle and the law of the jungle from the perspective of the natural world. I would like to discuss the establishment of the trading system with you. You can share it and learn from each other.