How do you handle when you're in the "wrong trade"?
I heard from trading masters that transactions are divided into correct transactions and incorrect transactions. Profit orders may be wrong transactions, and loss orders may also be correct transactions. How do you define "wrong trade"? What is the most impressive mistake you made? What kind of result? What enlightenment did it have on your subsequent orders? I hope you guys can share it, thank you!
What is the core secret of your profitable trading? Can you share it?
The core of what I want to ask is the meaning of "tools and strategies". It's like drawing a hand of cards. How to play this hand to win is the core. In trading, what you need to know is how to design your own "cash machine", that is to say, what core profit do you rely on? Turn the transaction into a complete planned planting and harvesting. What do you earn money from? What is the core secret?
How do you maintain your concentration while trading?
How do you maintain your concentration while trading? How do you avoid getting bored or experiencing burnout from constantly monitoring the charts, all while staying attentive to your trading activities?In my case, the struggle arises from excessive chart-watching, leading to boredom during quiet market moments or fatigue from over-attentiveness. There are times when the perfect trading setup emerges, but I'm either too tired or not mentally prepared to take action.Do any of you engage in activities like watching TV or listening to music to help? Any advice to share?
Why is it so hard for an analyst to be the best trader?
What is the essence of trading profit?