Trading beliefs and trading systems.

Fat Yao talks about exchange
姚胖说.

Trading beliefs are the condensation of trading ideas and practices in the process of trading operations.

What is done in the operation process is the execution of the trading system,

Adhering to the correct trading method does not mean that you will be successful, but if you insist on the wrong trading method, you will definitely not succeed.

In the long run, we will strengthen our understanding of the trading system and form our own beliefs about trading.

Therefore, trading itself is not practiced in a day, and stability is not a day or two, but a long-term accumulation process.

Stability is a state, a feeling, and a feeling of making money.

After having a trading system, the most important thing is not thinking, but resolute execution.

Thinking is something outside the market, and the most common thing in the market is the execution of stop loss.

Sometimes we only get a relatively objective understanding of the market after we have suffered some losses and then reflect on it.

Traders are sometimes overly smart, making short-term results easy but long-term results difficult.

Never underestimate the professional ability and vision of the marketing team and professionals.

If what you do is right, then you will have fruitful results if you persist in being a friend of time.

Of course, if it is wrong, then every day we persist, we may go further and further on the wrong road,

So many of us can't find our way back.

Sometimes we need to stop and make a correction for ourselves, and we don't have to be on the board every day.

Of course, we are more afraid of making money on the wrong trading model, and we will eventually pay a considerable price to change it.

It often brings about psychological dissatisfaction, but as long as you take the first step bravely, you will see real progress.

We must operate on a correct track, so that even if we make mistakes, the cost is not too great.

In the early stage of technology and market cognition, everyone has traveled a similar path.

Traders have reached a certain level of cognition at the mid-term technical level.

What is more, it is firm and strengthened execution to form a habit. Because you have faith in the trading system.

Your belief is your greatest power to stop loss.

Persistence and self-confidence are the last pass of the transaction.

Many market conditions are slowly grinding your mind and patience, especially in the early stage of direction, the darkness before dawn.

What people fear most is that there is no hope. And these hopes are the result of our long-term training.

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Last updated: 09/06/2023 10:17

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