In this seemingly simple but esoteric financial field, experience is undoubtedly a factor that cannot be ignored. For novices, the difference between 1 year of ** experience and 5 years of experience may be far more than the accumulation of time, but more of a deep understanding and insight into the market.
1. Accumulation and precipitation of knowledge.
1 year** of experience may only be enough for you to familiarize yourself with the basic operation and trading rules, while 5 years of experience is enough to give you an in-depth understanding of the inner logic of how the market works. In the long-term practice, you will be exposed to more cases and more market fluctuations, so as to establish a more complete knowledge system.
Second, the tempering and adjustment of mentality.
* It is not only a technical job, but also a mental war. 1 year of experience may not be enough for you to maintain a calm mind in the face of the ups and downs of the market, while 5 years of experience is enough for you to be able to deal with every fluctuation of the market calmly and not be swayed by emotions.
3. Optimization and improvement of strategies.
As you gain experience, you'll gradually discover which strategies work and which need to be adjusted. 1 year of experience may still allow you to stay on the basic trading strategy, while 5 years of experience is enough for you to form a market-tested trading system that suits you.
Fourth, the improvement of risk awareness.
On the road of **, risk is always with you. 1 year of experience may still make your understanding of risk scratch the surface, while 5 years of experience is enough to make you deeply understand the importance of risk management, so that you can be more cautious about every transaction.
5. Long-term planning and vision.
5 years of experience is not only a summary of the past, but also a plan for the future. You'll have a clearer picture of your investment goals, as well as the strategy and time required to achieve them.
Overall, 5 years of experience is more critical than 1 year, because it is not only the accumulation of time, but also the overall improvement of knowledge, mindset, strategy, risk awareness and long-term planning. For novices, if they want to go further on this road, they need to continue to learn, practice and summarize, accumulate more experience, and lay a solid foundation for their investment road.