The world of trading is a complex stage where money and emotions are intertwined, and the main force has started one contest after another here. However, they often struggle in this game. Why are so many people lost in the sea of trading and unable to reach the other side of profit? This is undoubtedly the sorrow of **.
I thought about it carefully and summarized the following top 10 fatal mistakes:
The technology is too cumbersome to execute;
Lack of insight into the market situation and inability to interpret the true intentions of the main force;
At critical moments, it is impossible to act according to established standards, and emotions dictate decision-making;
In the face of profit drawdown, the mentality collapses, cannot bear it, and ignores technical analysis;
Blindly guess the top and bottom of the market;
The stop-loss setting is unreasonable, and it is easy to be played by the main force;
The trend judgment is correct, but the mentality is wavering;
impatient position;
Affected by emotions and errors in judgment;
Do not stop loss, add positions against the trend.
There are profound reasons behind the emergence of these phenomena. Trading, which seems to be the use of funds to express opinions, is actually a contest of emotions and daily habits. Weaknesses in everyday life are ruthlessly magnified in trading. People who lack foresight find it difficult to perceive the subtle changes in the market; People who compromise on things find it difficult to stick to their positions in the city; People who care too much about face are prone to fall deeper and deeper into their mistakes. Therefore, to succeed in trading, we must simplify our technology, improve our insight, maintain a strong mindset, react quickly, and be resolute in our implementation of established standards. We must firmly hold the direction we are looking for, until the potential energy is exhausted, and we will not be shaken by the main force until the direction of the main operation cycle really changes. Problems in trading often stem from human weaknesses in everyday life. Therefore, "if you choose to trade, you choose to practice." On the road of trading, we must do: the technology is concise and clear, the insight into the changes in the market situation, the mentality is firm as a rock, the quick response is like lightning, and the implementation standard is like an iron law. Only in this way can we ride the wind and waves in the ocean of trading and reach the other side of profit.