A friend asked: Captain, you have always advocated systematic trading, so I have already established a trading system, but why can't I still make money?
OK, today, the captain will simply answer this question.
First of all, what we need to understand is that trading is like climbing a mountain. If you establish a trading system, it just means that you finally found the door and took the first step of climbing the mountain, not that you have reached the top of the mountain.
And the small traders who have not yet established a trading system may not even find the door, and are still bumping into walls, trying to punch a hole with their heads. I still fantasized in my heart that it would be best to find a secret path and climb to the top in one step.
Secondly, what the captain wants to say is that even if you establish a foreign exchange trading system, in a short period of time, its profitability may not be stronger than that of traders without a trading system.
It can even be said that in certain time periods, the performance of systematic traders can be dropped by several streets.
For example, when a systematic trader who is doing trends encounters a period of volatile market conditions, you may be losing money all the time. At this time, traders without a system may make money every day if they fight against orders casually.
When I first started doing systematic trading, I was very excited, and I talked to the traders and friends around me about the benefits of systematic trading every day.
But ah, when many friends see that I stop losses every day, and they can make money without stopping, they decisively think that I am talking nonsense, and even think that I am hopeless.
embarrassing?
Why many small traders say that trading is lonely, in fact, this is one of the reasons.
Looking around, no one understands what you are talking about.
However, after a while, another strange phenomenon appeared.
I may still stop losses there, but those who used to make a lot of money, and those who like to post screenshots of their profits every day, slowly stopped talking, changed jobs, and began to curse the financial trading market. A market for scammers.
Slowly, you will find that you may be the only one left among the group of people who were doing business with you back then.
And you, still keep stopping losses.
A foreign exchange trading system cannot help a trader improve short-term profitability.
However, he can help a trader, under the premise of controllable risk, to obtain greater profits than stop loss more continuously.
Its cumulative profitability kills those unsystematic traders in seconds. Remember, it is cumulative profitability. (The captain knocks on the blackboard to emphasize)
So, if you have established your own trading system but have not made any money yet, ask yourself, is the current market suitable for you?
However, after establishing a trading system of your own, will you definitely be able to make money?
In a field like financial transactions, which is at the top of the industry pyramid, how can it be so easy to make money?
First of all, it is a very difficult process to establish a proven trading system with positive expectations. This requires the trader himself to constantly gain insight into the truth of the market and overcome countless traps.
Second, after the system is established, it needs to be able to execute the system consistently.
Consistent execution is easy to say, but the process of consistent execution is really a process of fighting against the sky, the earth, and even yourself.
Behind the words of Chairman Mao "fighting against the sky, the earth, and the people is endless joy", it needs a high level of structure, mind and cognition to support it.
Moreover, in addition to my own cognition, I also need to endure my constant stop loss when other traders and friends around me are making a lot of money. loneliness.
But, I believe the captain, if you want to be a birthday star in the extremely cruel field of financial transactions, if you want to stand on the top of the pyramid and enjoy the view of all the mountains, this is the only correct way.
It allows you to watch the ebb and flow of the tide, the dance of demons, and the fall of the stars, while you stand still.
OK, this is the end of this question, I am the captain, I have love in my heart, and the deal is undefeated!
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