Why do many old traders say that they must learn to make money slowly when trading?

View all 26 answers
细品岁月

Everyone understands the meaning of slow money differently. The literal understanding refers to slow time, but I don’t think so. Let me talk about my personal understanding of 20 years of trading experience.

Earn money slowly: refers to risk control. If you want to make money from the market for a long time, you can ignore the luck factor.

Just like taking a school exam, once in a while you will get the right questions.

In fact, there are not many good opportunities in the market that are truly cost-effective, and even fewer can be found, and even fewer are in line with your own trading logic. Learn to wait.

Wait for the opportunity to appear, and then place a bet with a profit-loss ratio that you can bear. It will take time for the market to materialize, maybe a year, two years, or a few years.

So this is how I understand making slow money.

941 Upvotes
Comment
Add
Original
See more answers
oz25014128

If you don't have your own ideas and trading principles, then you are gambling

911 Upvotes
Comment
Add
Original
xxk

Because there are few fluent markets.

883 Upvotes
Comment
Add
Original
View all 26 answers

About

0

work

0

subscriber

About Us User AgreementPrivacy PolicyRisk DisclosurePartner Program AgreementCommunity Guidelines Help Center Feedback
App Store Android

Risk Disclosure

Trading in financial instruments involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Any opinions, chats, messages, news, research, analyses, prices, or other information contained on this Website are provided as general market information for educational and entertainment purposes only, and do not constitute investment advice. Opinions, market data, recommendations or any other content is subject to change at any time without notice. Trading.live shall not be liable for any loss or damage which may arise directly or indirectly from use of or reliance on such information.

© 2024 Tradinglive Limited. All Rights Reserved.