There are no secrets in trading, it all depends on execution, no matter how bad the system is, as long as it can be fully executed, it can still make stable profits.
In fact, many systems have been broken, and human nature has prevented them from being executedFinancial transactions have existed for hundreds of years, and there is nothing new.
The predecessors have searched for it, when you have a system, it is best not to use your brain, brainless execution is the winner, and the subjective consciousness has an anchoring tendency, which is the main reason for the liquidation.
There are only stable people, there is no stable system. Even if you can master the system, it's only 20% important, and the remaining 80% still lies with the people who execute it.
If I lose money there, I'll never go there and say it again. In trading, knowing what not to do is more important than knowing what to do.
You have to know what you're capable of. No matter how high your IQ is, no matter how advanced your skills, if you don't know the boundaries of your abilities, you will answer questions that are beyond your knowledge.
Loss is inevitable, if you have a boundary, you will be limited by the framework, the essence is simplicity and single-mindedness, a mode of achieving retribution within the realm, like is unscrupulous, love is restrained.
Trading is a long-term battle, not a game of getting rich, it is easy to make money, keeping profits is the key, mentality is the key to successful trading, and emotions are the killer of profits. Strategy can be replicated, but discipline is what makes you unique.
There is a ** genius in Shanghai who has achieved financial freedom in just two years!I don't read much, and my family background is average, but I have embodied "the unity of knowledge and action, and the simplicity of Taoism" in my body and to the fullest.
That is, every time I choose the "Giant Yin and Second Yang" pattern**, today I want to share it with all investors, whether you are a new or old investor.
If they can fully understand the "great yin and second yang", their ** career will be like enlightenment. I hope it will be helpful to everyone, remember to like and collect!
1. The 1 2 position of the yin line is the dividing line of short-term ** strength and weakness, if the next day ** falls below the 1 2 position, it is ** weak and needs to wait and see.
2. Yin** needs to reach a certain decline (5%-8%), the trading volume shrinks, and the medium and large white line that bottoms out the next day needs to increase the volume of more than the five-day volume ** and stand at 1 2 of the yin line, which indicates that there is a positive bullish signal.
3. The essence of "giant yin following yang" is the price and volume of cooperation, the amount of large increases, the amount of ** decreases, if the next day the yang line breaks through the yin line 1 2 but does not increase the volume, you need to wait and see.
It may be that the main force induces bullishness. If the yang ** shrinks and does not break through the yin line 1 2 position the next day, you have to continue to wait.
4 Set a stop loss.
The above is the essence of the giant yin and second yang pattern, and you should understand the details, especially the cooperation between volume and price.
When a trader feels compelled to increase a losing position, it means that the complex has reached a very serious level;
When a loss is significantly greater than the amount initially imagined or when several small losses turn into one large loss, it may indicate a lack of trading discipline on the part of the trader or the presence of risk in the market.
The reasonable and correct thing to do is to stop the loss and exit, rather than continue to hold or add to the position, and most losses are due to their own trading methods or mindset issues.
If you do it incorrectly, you will undoubtedly increase your position by mistake, increasing the volatility of your account funds and exposing you to greater risk.
Be honest with yourself, know and do together;You executed the investment strategy correctly and achieved good results, so you can boast;
However, if you do not strictly adhere to the investment principles and lead to the failure of the investment, then it is time to reflect and summarize, and you cannot report good or bad things, and you cannot praise your own merits;
Only then will you be qualified to continue bragging next time, Investing requires a group of confidants, a group of partners;
The road is lonely and long, confused but not lost, and the walk never stops. It requires friends to collide with each other, learn from each other, influence each other, and grow together.