The "retracement" that has to be faced

Comprehend the transaction and record the growth
weak water scoop

Whether it is fried dough sticks in the trading field or Xiaobai who just entered the market, we will also experience the excitement and joy of continuous profits, and we will also experience intermittent retracements: retracement of mood, retracement of funds, and retracement of accuracy.

After paying attention to the accounts of many masters, it is not difficult to find a common phenomenon: after each deposit, the transaction will be very good, but after a period of time, there will be a slight loss! Some even broke their positions, so repeatedly! This seems to be a common problem. It is difficult for us to maintain the best state and make a profit all the time!


dachshund


face it if you can't avoid it  

In fact, it is not just trading, it seems that it is impossible for any industry to make money all the time from the beginning! There is a process of cost recovery, and there are times of loss! Just like the rising trend of the market, there is also a falling bar; the falling trend is also indispensable for the rising bar. Ups and downs are the norm, and what matters is the result. Looking back, every up and down in the process seems insignificant, and we are now in that insignificant up and down process! Just because we are in this mountain, we have to jump out of the market to look at the transaction, and don't let this insignificant process that does not affect the result affect the pace of progress!


dachshund


Try to make the drawdown smaller

"Truncate losses and let profits run". Some people also doubt the problem of this sentence, but they can actually understand the true meaning of this sentence after doing business for a long time. Everyone has studied the position of entering the market countless times, and many articles about the method of entering the market have their own reasons! But if there is no suitable entry and stop profit, it is common for profits to turn into losses! On the contrary, if you can do a good job of stop profit when you enter the market, it will definitely get twice the result with half the effort! I also have a deep understanding of this in trading. The philosophy I follow is: get out immediately if you make a mistake, and take more if you make a mistake. It feels a bit trial and error, yes, none of us can guarantee a certain profit before entering the market, that is trial and error! Trial and error are right.

Everyone's method or system is based on their own understanding of the market, technical aspects, fundamentals and many other factors to deal with! It is impossible to adapt to all situations, but we are constantly trading, we have to deal with the comprehensive market in a one-sided way, and the probability of encountering problems will not be small. We are small in the face of a strong market, maybe we The magic weapon is: try to make the retracement smaller


dachshund

Clean up your mood and get ready to go!

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Last updated: 09/06/2023 11:17

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