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What cognitive biases do we have to overcome?
How to systematically learn foreign exchange trading?
What is the most painful thing about doing business?
A friend on WeChat told me a very classic saying: The biggest pain in trading is knowing that you are good, but not being able to prove it.I asked him back: Isn't the most painful thing about doing transactions not making money?He told me: You don't understand the psychology of a very competitive person. For me, proving that I am good is more important than making money.Knowing that you are awesome but unable to prove it, do you have similar thoughts? What do you think is the most painful part of trading? Let's talk together~
What should I do if the platform cannot withdraw funds?
Have you ever encountered a situation where the platform cannot withdraw funds? During the epidemic, many platforms delayed the withdrawal of funds, and some large platforms such as Chase Finance had difficulties in capital turnover. Some time ago, I also saw someone reporting that they could not withdraw money. This may be a precursor to the collapse of the black platform! When the platform you are using fails to withdraw funds, or the withdrawal is rejected, and the account is delayed for a month or two, and the platform keeps making excuses or does not respond directly, what will you do?
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! 🙏🏼
