Why is it so hard for an analyst to be the best trader?
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 are the stupid behaviors in trading?
Let me tell you one thing, unplanned trading is the most stupid trading behavior. Follow your own ideas, enter and exit the market casually, and don’t do a good job of stop profit and stop loss. This should be the most mindless behavior!Have you seen any other stupid trading behaviors? Either your own or someone else's! Welcome to add, as a standard for our transactions!
How to judge the real strength of a trader?
My buddy was fooled by the "teacher" in the QQ group again, and lost tens of thousands of yuan, and now he is drinking to relieve his worries.Fooled by teachers in the QQ group? Being led astray by the teacher in the live broadcast room? Get liquidated by a copycat boss? There are many new traders who have been scammed. Have you ever been scammed?But there is no other way, his own strength is not enough, so he can only seek help. The market is full of fish and dragons, so how can we accurately find a truly powerful "trading master"? From what aspects should we judge the real strength of a trader?
What should I do if my trading system encounters a retracement?