Every trader is a lone traveler.
Whether it's windy flowers, snowy moons, poor mountains and bad waters, you can only go alone.
Frustrations and ups and downs are everywhere, and the future may still be muddy after walking through it;
But if you don't go, the dark clouds over your head will never dissipate.
Looking back after drifting away;
You will find that the hurdles that you thought were difficult to pass have already been passed.
Those who have given you endless pain, setbacks and failures are already vulnerable and vulnerable.
The improvement of cognition means that there are very few people who can understand you.
There are fewer and fewer people around you, and you can only move forward alone.
Those traders who are already ahead feel invincible, empty, lonely and cold.
And those who fell behind and failed to liquidate their positions feel as if they have been abandoned by the world.
In every invisible place, behind the endless candlesticks, every trader has his own loneliness.
This is the ultimate destiny of every trader.
(The movie The Big Short, a trader character I like very much)
Trading is not gambling, it is a repeated attempt to make money.
The market is the best teacher, and your right and wrong will be reported truthfully. And you have to be the best introspector you can be. Do these two things, and you can survive here after all.
Impulse trading is greed, and it kills your chances of consistent profitability. You will always understand, especially in the margin market, that there is only a thin veil between heaven and hell, and it may only be a few seconds.
Losing money is not necessarily a loss. There is no need to regret it. Doing business requires costs. What matters is how much you win when you win and how much you lose when you lose. When you get used to looking at losses without emotion, you have taken the first step.
The market does not care about victory, the only opponent is ourselves, and the genes of failure flow in the blood of each of us. There is no risk in the market itself, and it doesn't matter about risk. It's just that you participate in life and death and you are killed, and you participate in risk and you are risked. So control yourself to control the risk.
Avoiding a large drawdown of funds is the secret to stable profits. You should stop losses and reduce positions, and you should not take chances. Even if you succeed once, it only takes one failure to knock you down.
You have to get rich slowly, whether in life or speculation, 99% of failures come from get-rich-quick fantasies.
You have to distinguish what you deserve and what you want to grab from God. Getting rich quick is self-destructive. It is still a violation of heaven to do evil, but self-inflicted evil cannot live.
Only a fool would feel the depth of the water with two feet. - African proverbs
Trends come out, not judged by you. The future is unpredictable. It doesn't matter about forecasting. Once the forecast is correct, you feel that you are God and subconsciously enlarge your position. If the prediction is wrong, you feel like a clown, your mentality collapses, and you operate in chaos.
I can give you a way to stabilize losses, enter a small level such as 1 minute, and then try to accurately predict every turning point and seize every positive and negative two-way fluctuation.
No need to set a profit target for yourself;
The amount of profit is given by the market, not what you strive for. If you set a goal, you will have obsession and expectations. If you have expectations, you will be disappointed, and disappointment will lead to mistakes.
It would be much better if traders assumed that every trade they made could fail. Be positive about life, but be pessimistic about your next deal. Speculation is sometimes similar to unrequited love between men and women: the greater the hope, the greater the disappointment! Evaluating feelings and transactions without emotion is much better.
Shut up if you win, shut up if you lose. Winning and showing off is the beginning of your loss. A happy neighbor is pain, don't wake it up. In addition, this kind of thinking will make you focus on profit and loss instead of the system. The point is not how much you win or how much you lose, but how much you grow. Hude (trading system) carries things and moistens things silently, and wealth will come naturally. Life is also speculative, sincere and fearful, and often thinks about the past in leisure time.
Investing is not an industry that rewards one's talents, or even the opposite.
Remember, you can be wrong at any time. But paradoxically, speculation is an enterprise of absolute individual heroism. You have to insist on yourself, but also give up on yourself, and take the initiative to admit your mistakes. How to grasp the balance between these?
The road is difficult, the road is difficult, not in the mountains, not in the water, but in the fluctuations of the market.
Profit is to find a trace of possibility in the impossible, and it is to live and die calmly between life and death. Therefore, speculation is life, and we have to give up. Know what to stop and then gain.
When you want to change your destiny through trading, you will most likely enter a loss, because you subconsciously increase your position. A large position means that your psychology, stop loss, and operation have all dropped significantly;
Trading cannot change destiny, and we must be friends with time.
Don't fall into egotism, don't hold positions against the market. Don't be egotistical. Admitting defeat is a kind of ability. If you want to make it perish, you must first make its crazy truth get the most perfect interpretation in the field of trading. The most regrettable thing in life is to easily give up what should not be given up, and stubbornly persist in what should not be persisted. - Plato
When making steady profits or trading for a living is not a completion time but an eternity, it should not be taken lightly at any time.
It is a dead end to find the precise laws of the market. You are here to make money, not to find a crystal ball!
By the end of the trade, you are reticent, cautious, and egotistical.
Road to Road, very Avenue.
Because in the end, all your understanding, operation, life, everything is integrated into one.
You are the Tao, the Tao is you, and the Tao follows nature.
Do as you please.
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