Trading: More market chasing than anticipation

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eileen

Recalling that in the past transactions, I tended to strengthen the first one, dreaming of a technology that can hit every shot, and then bet heavily, and it will be done in one battle. The mistakes that are easy to make here are:      

On the one hand, it is very important to overestimate the position of technology in the transaction, but not all of it. It is only a part of the transaction behavior, and its weight cannot even reach half; on the other hand, it may be too high for technology. Excessive pursuit of winning rate, in fact, no matter how good the technology is, it is impossible to be perfect, otherwise the world will not be what it is today. So you can't be too superstitious about technology, but you can't ignore technology, because other information apart from technology is asymmetric and incomplete. Only technology, although slightly lagging behind, is comprehensive enough to include all market elements, and at the same time for everyone The basic people are the same, and it is possible to find relative fairness here.  

Of course, it would be better if you have the conditions to obtain more advanced information, but it is out of reach for most people. Trading can be as easy and fun as you experience it, but consistency is a function of your point of view, your beliefs, your attitude or your thoughts. Pick the words you feel most comfortable with, they all mean the same thing: Winner thinking and consistency are states of mind, as are happiness, fun, and fulfillment.

There are two core elements of profit: one is that the number of times you are right is a little more than the number of times you are wrong, and the other is that you earn a little more when you are right than you lose when you are wrong. In other words, as an ordinary person, you can only use this slight advantage to create an absolute gap. Some people say that success is simply doing simple things repeatedly, which is probably the same reason. The last one is even more easy to commit. For those who rely on technology and those who are completely unfamiliar with the market, because ordinary people like me are ignorant of the future, they will very much hope to see the moon in their hearts, and even look at the sky and watch the stars at night. , I am in awe of the latter, the point is that at this moment no one can tell me how far the market will go tomorrow. But when you first entered the market, what you care most about when you communicate with friends is how many points do you see and when will they arrive? I hope that the other party is a god or that I become a god as soon as possible. I am afraid that the most difficult concept for traders to effectively understand and digest is that your attitude and thoughts are not created by the market, the market just reflects your heart. If you are confident, it is not because the market makes you confident, but because your beliefs and attitudes are in harmony, allowing you to experience, be responsible for the results, and gain a deep understanding. You stay confident because you're always learning. On the contrary, if you are angry and afraid, it is because you believe that it is the result of the market, not other reasons.     

Ultimately, the worst result of not taking responsibility is that you cycle through pain and dissatisfaction. think about it. If you don't take responsibility for your results, then you can assume that there is nothing to learn and you can stay the same. You don't grow, you don't change. The result is that your perspective on things has not changed, and therefore your reactions have not changed, and the results of your dissatisfaction have not changed.    

Never do stupid things like predicting. Because forecasting is the work of God, chasing the market is the work of man. The last thing is to combine these three aspects of Crowe to form an organic whole, and the effect can only be effective if they cannot be separated. This is a bit of personal experience, and it needs to be honed continuously in practical application.

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Last updated: 09/05/2023 16:10

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