I believe that most of our traders have more or less experience after being brutally baptized by the market after a period of trading! All roads lead to Rome, no matter how difficult it is, someone will pass through. Today I want to share some of my insights:
First of all , you must love trading
Only by being extremely fond of what you do, can you survive all setbacks without setbacks. Because there is love in the heart, even the greatest difficulties and setbacks cannot stop the love and dedication to trading.
Secondly, we must have the patience to wait for the best time to enter and exit
A good trader spends most of his time waiting . Only by being patient can he wait for a good trading opportunity. With it, you can no longer blindly sell, and let yourself be exposed to excessive trading risks without knowing it. The possibility of profit is natural That's more. All master traders are extremely patient. They are always alert and patiently waiting for the most certain opportunity to strike.
Again, there must be discipline that can be strictly enforced
When trading, our emotions are easily affected by each transaction, which is the most dangerous. If we trade with too much emotion, it is easy for us to lose our rationality, and it is difficult to continue to judge signals correctly. Excellent foreign exchange traders have little emotional fluctuations when trading again, because they have developed their own trading system And stick to the trading discipline, the trading system can make you more rational when trading, and maintaining discipline will ensure that your trading will not make mistakes, so when trading, as long as you can adhere to strict discipline, you can control the risk to a minimum despite the stormy market .
Finally, we must have the ability
The financial market is a place with various risks, so several trading masters will put risk control at the top of the transaction. In trading, risk control always comes first. Transactions without risk control are bound to fail! Therefore, when trading foreign exchange, risk control must be the top priority. With risk control, transactions will no longer fluctuate greatly, and emotions will not fluctuate with the market r, so that you can calm down Think carefully about all aspects of the transaction. As the saying goes, "If you keep the green hills, you will not be afraid of no firewood"
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