Have you caught the two habits that are extremely easy to lose in investment?

Recently, a netizen asked me if it is okay to short gold?

I asked: What is your reason for shorting gold?

He said: Gold has risen so much that it should fall.

I asked: where to put the short stop loss?

He said: I don't know, I just think it's time to drop.

In fact, there are many such examples in trading, trading without reason and without planning, just like yesterday someone asked me if it is okay to buy stocks quickly, because I feel that the bull market is coming, and it is difficult to not lose money if you trade according to your mood!

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Another netizen asked "Does the transaction need to be monitored in real time?"

Whether you need to watch the market in real time depends on the trading plan. If you are ultra-short-term or even high-frequency trading, you need to keep an eye on the market from time to time, otherwise you don’t need to watch the market!

​Of course, there are also some erroneous trading behaviors here, that is, many people who are obviously not short-term or high-frequency traders within the day, but keep an eye on the market from time to time, trade frequently, and eventually lead to serious losses.

Now that we talk about watching the market, let's talk about the correct and wrong ways of watching the market.

Let me say the wrong one first:

Watch the market if you have time, and watch the market if you don’t have time. And at the same time observe the different cycles of many varieties, looking for trading opportunities in the market all the time, very busy.

I have seen a lot of investors like this. They never leave their mobile phones. They don’t watch short videos or watch live broadcasts. They just stare at the foreign exchange MT4 trading software.

After watching gold, look at crude oil, after watching sterling, look at euros, and trade if you have no chance to look for opportunities. This is looking for opportunities in the market. This state is usually the state of novices, and it is also the state of most losers.

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Again correct:

Only focus on one or two fixed types of trading, and only focus on the time period of the transaction. A lot of time in the transaction is even nothing to do, very leisurely.

A mature trader will make a trading plan according to the trading system every day, follow the plan and other trading signals. Trade when there is a signal, and call it a day when the time comes. If the market gives a signal, do it, and if it does not give a signal, give up.

This is a medium chance trade in the market.

There is a huge difference between the two trading methods of "looking for opportunities" and "waiting for opportunities"!