No one can make decisions for your trading

Exchange circle for high-probability trading crypto enthusiasts
邵悦华

In life, we often encounter a type of people who are unwilling to think, they always ask others what to do, they give all the choices to others, and always live on the advice of others. Such people are always at a loss, because they don't know how to take the next step after taking this step.

There are also a large number of such traders in trading. They always like to ask:

Where will the highest rise in gold and silver this time be?

Has the price of gold peaked?

Can XX stock be bought?

XX stock was bought at 23 yuan, and now it has fallen to 17 yuan. Should I continue to hold it or leave the market?

I bought XX variety just now, where should I put the stop loss? Where is the target?

XX variety trading is now 5% floating profit, should I leave the market or continue to hold it?

These problems abound, and in their trades, whether they enter, hold or close positions, or even short positions, they need the opinions of others. Without other people's opinions, they don't know how to deal with their transactions at all, and they can only rely on emotions, such as holding positions regardless of the risk of a large correction when their confidence soars, leaving the market as soon as they have a small profit when they are afraid, and leaving the market when they lose money. Always have a fluke mentality and die.

What we want to tell you today is that no one can make decisions for your transactions, because the people who make decisions for you will not pay for your transactions, and no one will consistently think and judge for you, and there are more The important reason is that many decisions cannot be made for you by others.

Every trader should clearly realize that they must have their own opinions and decision-making mechanisms when doing transactions. If a trader has no opinions and decision-making mechanism on transactions, it means that the trader does not even have the most basic profit factors. If he still insists on trading in the market, he can only make small profits occasionally and continue to lose money. Big capital, in the long run, will be a stable and continuous loss.

What we want to explain to you here is that "no one can make decisions for your transactions" is not contradictory to "communicate with excellent traders". There is an essential difference between the two. The premise of communicating with excellent traders is Traders have a mature analysis and trading system, have a clear self-view in communication, and communicate with others to touch more open thinking modes, and further enhance their understanding of the market, their own system and their own depth.

At this point, many traders who are new to the market may say: "No one can make decisions for their own transactions, so how do they trade? On their own, and they don't know how to do it. Sometimes they can't even see the direction. Not to mention when to buy and when to sell. You will lose money if you rely on yourself, but sometimes you can actually make a profit by relying on others.

"Say this is nothing more than finding excuses and reasons for not working hard. You can't think it's a reason to rely on others just because you don't know how to do it. Nothing is born with it, and we need to learn to change it.

None of the stable profitable traders achieved it by relying on the advice of others. On the contrary, there are a large number of losers who continue to lose money because they ask questions every day. These losers finally find a reason to comfort themselves. It's whoever can't do it, it's just that after listening to him, what should be earned is not earned, and what should not be lost is actually lost. A failed person never knows the reason for failure from his own point of view.

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Last updated: 08/16/2023 03:58

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