On this road of trading, there is no eternal god, only climbers!

Mondo Entertainment Updated on 2024-02-28

1. Settle your mind

When many people talk about finance, the first thing that comes to mind is to make money, and they ignore the existence of losses and risks. When faced with losses, many people choose to increase their positions instead of stopping losses, hoping to make up for their losses by making a big profit. However, this practice often teaches them a hard lesson in the market.

Facing the professional market with a speculative mindset is like a man with a knife trying to confront a group of people with guns. In the short term, if you are lucky, you may achieve one or two successes, but in the end, you will often lose in the confusion. Therefore,We need to have a fair mindset, fundamentally recognize ourselves, and face the market with a serious and professional attitude, which is the prerequisite for us to make a profit in the market.

Second, pay attention to the process

The journey of growing in trading is not just about focusing on the final report card – profit or loss. The operations, judgments, and why and how they are formed in the trading process are all areas worth exploring, as revealed by the "Sense of Disk".

The world of trading, like any other field, has its own rules. These laws are universal, objective, and eternal, and are not subject to human consciousness. The trend in the market always has a historical reproducibility, which is a good opportunity for us to cultivate a sense of disk and accumulate experience. The sense of disposition is not irrational, but a subjective embodiment of things in the individual.

The best way to cultivate a sense of disk and rich experience is to go through a lot of practical training in trading. Every transaction requires in-depth analysis.

1. Self-analysis in trading is very important. A person's personality, attitude, strengths and weaknesses, as well as the way and method of solving problems, and even the health and mental state over a period of time, can have an impact on the trading process. In every transaction, these subjective factors come into play. For example, an indecisive person may be underperforming when it comes to stop-loss, and a decisive person may be taking profit too early. Through an in-depth analysis of our own personality traits, we can build on our strengths and avoid weaknesses and form our own trading style.

2. Every transaction should be taken seriously. Reflect not only when you are losing, but also when you are profitable. We need to consider the likelihood of various scenarios occurring and actively verify them. In this way, we can better respond to market changes and increase the success rate of transactions.

3. Pay attention to the review of historical data。Because there will always be some repetition in history, by repeatedly observing historical data, we can improve our sense of disk, especially for the data of recent years, although there is no guarantee that the trend will be exactly the same, but similar trends are always emerging. In the past, professional researchers would print out several years of historical data for in-depth research, which was a lot of work. But now there is a lot of software that makes it easy to get historical data.

The growth journey of trading is not just about looking at the final report card, profit or loss. The operation and judgment in the transaction process, as well as the logic and reasons behind it, are all worth exploring. As the "Pan Sense" reveals, the world of trading, like any other field, has its own rules to follow. These laws are universal, objective, and eternal, and are not subject to human consciousness. The trend in the market is always repeating history, which is a good opportunity for us to cultivate a sense of disk and accumulate experience.

Disc sense is not an irrational feeling, but a subjective embodiment of things in an individual. Through a lot of practical trading training, we can cultivate this sense of disk and accumulate experience. Every transaction requires us to do a deep analysis to understand the logic and why. Only in this way can we continue to grow in the world of trading and become more proficient and confident.

4. Capital management is crucial. Investors should be flexible in using the margin adjustment mechanism, but this should be cautious, as excessive use of margin will increase the risk and affect the stability of funds. Therefore, sound capital management is the foundation, and strict risk control is the core of trading activities. Remember, safety comes first, and only when you have a life can you be qualified to talk about development. Investment guru Warren Buffett tells us that the first principle of investing is not to lose money, which is worth learning from everyone. For newbies,By trading a small amount of light positions, you can increase confidence, reduce the impact of market volatility on the heart, and better grasp the position.

5. Data-based transactions are an effective means to improve the trading situation. Quantify the results of trading over a period of time, whether simulated or real, in the form of data. In this way, we can abandon subjective cognition and false memory, and make an objective and effective evaluation and diagnosis of our own trading behavior. This includes many aspects such as trading habits, trading cycles, trading preferences, risk control, etc。In this way, we can not only have a more intuitive understanding of our existing trading capabilities, but also provide a reference for future trading. This radical approach to improving trading conditions is worth trying.

3. Experience the results

Success is not achieved overnight, we need to grow scientifically and follow the principles to deal with the situation. Through a large number of historical data observation, simulation exercises, and improved market sense, we can better understand ourselves and grasp the laws of the market。Only after we have fully trained our troops should we go into battle to kill the enemy. This process is a qualitative change process from a loss to no loss, from no loss to a small profit, from a small profit to a real profit in the market, and it is also a process of growing from a small white to a big bull. It is only through continuous hard work and patience that we can make great strides in the market.

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