in a moment
"One thought" is a Buddhist term, and it also refers to the human heart. Fortune and misfortune, high and low, good and evil, winning and losing, are all in one thought. In the whole trading process, the analysis of the market; the judgment of long and short market; the definition of stop loss and take profit are all in one thought. One thought of right and wrong, one thought of profit and loss.
win or lose, wake up
Do market losers deserve sympathy? In the market, only the day when you lose everything will you wake up. What is more deeply rooted in the hearts of the people than losing everything is heavy debts. There are geniuses in the market, and there are self-proclaimed geniuses. There are very few real geniuses in the market, but there are many self-proclaimed geniuses. Face up to your own shortcomings and pay a price to succeed in the market, otherwise it may be better to quit the market... Successful people must have the courage to try and be able to bear failure. In our trading career, we must face and accept losses calmly to ensure the ability to continue trading, and we must summarize transactions, summarize ourselves, and repair ourselves.
Risk and profit coexist
What must be kept in mind is not the "holy grail" but "risk awareness", and the goal is to "lose less" rather than "earn more". When you lose less, you will naturally earn more, and when you want to earn more, you will often lose more.
trading system
Clarify the components Before formulating a trading system, traders must determine its components, such as trading theory, trading philosophy, trading principles, trading models, fund management, and so on. To improve the trading system, after determining the various components of the trading system, it is necessary to continuously improve its own trading system based on actual operating experience
To be continued, I will continue to talk about my trading system in the future