Opportunity, time, money.
That's right, if you have mastered all of them, then you are the best trader, a top trader, so if you divide traders' mastery of the above three elements into three levels, from low to high. A low-level trader understands the importance of opportunities, and he adheres to opportunities in the trading process. Intermediate traders not only know opportunities, but also master the law of time. Using the time factor to choose opportunities, often get the job done with half the effort. The best traders not only know Opportunity, time, and very good at using money rules, such traders are very rare.
Lower-level traders: This type of traders exists in all time periods, and there are transactions around me that have been in the lower-level for more than 20 years. Their behavior pattern is usually looking for structure, or looking for opportunities; even the lower level traders are divided into many levels, at the bottom level, use a certain indicator to find the signal, better combined with the price, such as K-line chart to find Opportunities, combined with a variety of indicators, dazzled, to discover opportunities. Those who are relatively high at the lower level know the opportunity to choose, such as knowing the trend and finding opportunities along the trend. Traders at the lower level do not necessarily not make money. Generally, when they make a profit, they will discover the mystery of the time factor and enter the middle class of traders.
Middle-level traders: Most of the profits at this level are not a problem. Whether they like to do long-term or short-term, they are very clear about their goals, and on what time scale is the most suitable for their personality, and they also know this time scale Opportunities on the market are developing moderately. Whether a trend failure is a short-term adjustment upward, or a long-term adjustment time, everything depends on the time factor. Mastering the time factor is more convenient in choosing opportunities. For a breakthrough, whether to choose a breakthrough continuation or a breakthrough failure, if you do not understand time Factors, starting from the opportunity alone, may be from the trend of the trend, but it is still not the best choice.
Top traders: This level does not necessarily depend on the amount of funds, but they are already living a good life. This type of traders, the use of funds is like driving their own body, when to test light positions, when to raise, opportunities and The time factor is fully used by this type of traders. They fully understand the market operation rules, and they can obtain huge profits within the corresponding time according to their own style. They are extremely open-minded, maybe they are not well-known, but every active market you see may leave their footprints.
Summary: The lower class looks for opportunities and earns hard money. Whether it is a fundamental trader or a technical trader, both short-term and long-term traders are opportunists. Some of these transactions may indeed obtain certain profits by virtue of their extraordinary talents. , but usually in stages. , The middle management is looking for time, they know that the development of the market needs time, the profit needs time to brew, and the loss also needs time to brew, and they will get out of the trend they want in the right time scale; , but the result of the entire battle; this kind of traders, if they follow the rules, they will conquer cities and territories, but if they go against them, they will save people and lose territories.