In foreign exchange trading, too many investors can't wait for the price to move in a direction that is beneficial to them as soon as they enter the market. It is best to make a large movement and stop profit immediately.
However, the real laws of the market tell us that the probability of such a situation is very small.
In most cases, after entering the market, the market seems to be against itself, moving in the opposite direction of itself, or entangled back and forth near your entry position, or quickly running out of costs, but, it starts to seesaw in the middle. . .
In our trading, most of the reasons for the final profit and big loss occurred in this process:
Anxious to make a profit immediately;
Anxious to stop loss immediately;
Anxious to reap the small profits that have already made a profit;
Immediately want to go against the trend to increase positions and make up orders;
Anxious to stare at the board all the time, wanting to let the board follow the direction of my order with my mind, rather than decisively stop the loss...
In fact, as long as you understand the following picture, you will understand your current trading status.
Some friends laughed after reading it.
But what the captain wants to say is that from the right to the left is not only your trading practice path, but also a lifetime of practice!
What do you think?
Copyright reserved to the author
Last updated: 09/05/2023 18:11
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