Talk to everyone about my brother's trading experience: "How to make every transaction well"
The foreign exchange market is a battlefield without gunpowder. Every penny is a soldier in your own hands. During the battle, someone succeeds and expands the territory;
If someone fails, the army will be lost. I think financial freedom may be the purpose of most people's futures investment. However, the indescribable desire to make money and the tormented transaction details make people feel restless. So how do you find ways to actually improve and do Forex like a pro?
I think investors who are new to the market should do the following:
One is not to fight unprepared battles. Some people have heard that foreign exchange can make a lot of money, so they have strong execution ability, open an account immediately, do not know margin, settlement price, or technical analysis, and trade by feeling. They really know how to make fun of money.
Some people will be more cautious, first understand the diplomatic rules, read about one or two technical analysis books, do some simulated transactions, and get a feel for the market. However, every foreign exchange transaction is a different battlefield, and the factors that affect the market trend are different.
The second is to fully understand yourself. Give yourself some time to be alone and think, and conduct a comprehensive assessment of your personality, executive ability, patience, and learning ability. Since foreign exchange trading is fighting against your own mentality, as long as you are still in this market, you will continue to face choices.
For example, after reading the experience exchanges of so many masters, I also have a little bit of experience in technical analysis. I know the routine trend under technical analysis, but I still can’t make money. This is mostly a problem of mentality and emotional management. People with impatient personalities, poor risk tolerance, and weak will force themselves to do long-term, which can be regarded as a living torture. Why not take a short-term short-term position and feel happier?
However, people with a calm personality and strict self-discipline can consider overnight trading, after all, only long-term trading can get more lucrative returns. In short, finding a trading method that suits you is a process of thinking and grinding.
The third is to formulate and implement a trading plan. Making a plan is the basis of getting started with trading, but the reality is always very skinny. How many people can strictly discipline themselves to trade according to the plan? The transactions in other people's mouths seem simple, but when it is my turn, there will always be various emergencies. However, the probability of realizing a trading plan is 33% higher than simply imagining in your head. Although the situation of each transaction is different, but make a list of transactions, summarize them regularly, and persist for a period of time, you will have unexpected gains.
However, after all, trading is not the whole of life. We read books and participate in various trainings just to break through the existing trading bottlenecks, but if this state has affected our lives, then we must learn to pause decisively and take a break
The "Bible" says: Only by leaving the humble can one become noble. Foreign exchange operation is a process of self-cultivation. Only when we get rid of the habit of wild ducks can we be like albatrosses, observe the way of the sky, follow the sky, and fly farther and higher in the majestic market.
Add
