What conditions are needed to achieve stable profitability?
There are 3 major elements of stable and profitable trading: 1. Stable system 2. Stable execution 3. Stable mentality. The three elements of profitability complement each other and influence each other.A good system guides good execution, good execution brings good results, good results bring good mood, and good mood will in turn promote execution. But having said that, any mature trading system, including the original system, can only solve the first basic element. And stable execution and stable mentality cannot be solved by any system itself. A system is only a method of trading, not the result of trading. To form a profitable state of sustainable operation, not only the system is needed, but also one's own trading quality. Without any one piece, the wheel of profitability cannot move forward.
What kind of system can accurately locate support resistance and trend when doing transactions?
Why do successful traders not advise others to trade?
What should I do if the platform cannot withdraw funds?
Have you ever encountered a situation where the platform cannot withdraw funds? During the epidemic, many platforms delayed the withdrawal of funds, and some large platforms such as Chase Finance had difficulties in capital turnover. Some time ago, I also saw someone reporting that they could not withdraw money. This may be a precursor to the collapse of the black platform! When the platform you are using fails to withdraw funds, or the withdrawal is rejected, and the account is delayed for a month or two, and the platform keeps making excuses or does not respond directly, what will you do?
How Do You Handle Fear and Greed in Your Trading?
I've been learning about trading psychology, and it's clear that emotions like fear and greed can seriously impact our trading decisions. I'd like to hear from fellow traders about how you deal with these emotions when you're in the midst of trading. What strategies or techniques do you use to keep fear and greed in check and make more rational trading decisions? Your insights and experiences could be a great help to all of us looking to improve our trading psychology. Share your wisdom!