If you want to make money in trading, what principles do you need to understand?
What is your basis for entering the market?
How to distinguish between shocks and trends?
A Huiyou told me: Look at the weekly chart more. I went to see it and found it still a bit vague, so I beg you to explain it to me in detail! Or is there any other way to judge? I no longer want to hear the analysts in the group say: Now follow the trend and make orders! It is now in a range shock, do more on dips! Novices are really distressed, I hope all Hui friends will not laugh at me and talk about me.
How do you maintain your concentration while trading?
How do you maintain your concentration while trading? How do you avoid getting bored or experiencing burnout from constantly monitoring the charts, all while staying attentive to your trading activities?In my case, the struggle arises from excessive chart-watching, leading to boredom during quiet market moments or fatigue from over-attentiveness. There are times when the perfect trading setup emerges, but I'm either too tired or not mentally prepared to take action.Do any of you engage in activities like watching TV or listening to music to help? Any advice to share?
Which is of greater significance and simplicity for you: a High Risk-Reward Ratio (RR) or a High Win Rate?
For me, achieving a high Risk-Reward Ratio takes a considerable amount of time and necessitates a lot of patience. It's led to instances where I've experienced substantial losses. This has led me to contemplate whether lowering my RR might result in a significantly improved win rate. What's your experience with this? I'm curious to hear your thoughts.Looking forward to your responses! 🙏🏼