The speculative market itself is a neutral market, it is not good, but it is not bad either.
So it is not a paradise for the lucky, nor should it be a hell for the unlucky.
It is just a market with its own rules.
It just faithfully implements the trading requirements put forward by all traders. It never pleases a certain trader, nor does it deliberately please a certain trader
Whether you are long or short, it always has its own direction. All likes and dislikes are the result of traders imposing subjective wishes and feelings on it. It is only the trader's own feeling that it is good or bad. Whether it is heaven or hell is also the psychological feeling of traders themselves.
Some people say yes, some say no, presumably different traders have different opinions, but basically, traders who lose money in the market feel that this is a casino, and they suffer as unfairly as casinos treat gamblers. On the contrary, profitable traders feel that this is not a casino, with freedom of behavior and time, and can maximize the fairness of life, without the need to fight with parents and mothers to socialize. It is simply the most free and fair industry in the world. A bit of a casino look?
Likes and dislikes come from the heart. When you are staring at the abyss, the abyss is also staring at you. When you regard the market as an abyss, you actually put yourself in the abyss. If you are willing to gamble and admit defeat, this is the worst thing in the adult world. The basic and fairest law. Regarding this point, the speculative market is indeed the same as the casino. Even if you are a gambler, some people can afford to lose, and some people can't afford to lose. How many people can keep themselves?
Regardless of whether the market is rising or falling, every day in the market there are trading myths about getting rich overnight. Similarly, there are no shortage of bloody tragedies in the market every day. This is the essence of this market. It does not cause value shrinkage, it is only responsible for the transfer of wealth. If you lose money, someone else must have gained it, and if you earn it, someone else must have lost it.
This has produced a very interesting phenomenon. Why do we seem to see a lot of losses and occasional small profits that are not worth mentioning, which is different from the short-lived fortune we once had? Compared with the glorious moment of standing at the top, the result left to most traders is a defeat, even a tragedy, which should arouse the deep thinking of every trader.
Is it because the market itself hacked into your trading account and stole the money, causing you to lose money? Of course not, the account is in your name, the password is in your hands, and there is no market or others forcing you to go long or short against your will every time you place an order. All trading behaviors are your own subjective behaviors. Since The initiative is yours, you can choose not to do it or do it, you can freely choose to go long or short, so why do you attribute it to your ingenuity when you make money, and blame the market for unfairness when you lose money?
There is also a deeper problem. The laws of the market are usually not the laws you think, let alone the laws created by you subjectively.
It is true that the core of trading is how to make a profit, but many traders make a mistake. This process is not addition, but subtraction. Addition means that the final profit is composed of all profitable orders. Every transaction is not allowed to have a loss order, and every time it is required to be perfect without mistakes. Every small profit adds up to form the total profit, but human beings Is there such perfection in life?
Subtraction means that the final profit is all profitable orders minus all loss orders. The amount of profit is required to be higher than the amount of loss. As little as possible, everything has to be sacrificed to gain, and everything has to be costly. This is the most basic principle of human life. A small loss is the cost of a large profit.
In fact, this is to cut off losses and let profits run.
Just ask, what are the risks in the market? Almost all traders can list many, such as black swan events, black bank funds disrupting fair competition, etc., but few traders realize that the real risks are not in the market, But in my heart that I can't afford to lose, whether it is rising or falling, the more obvious the direction and the bigger the space, it is often the time when more traders lose more, because of the ambivalence in my heart that I like to buy bottoms and touch highs.
There are not many people who can afford to lose in life. Everyone is a passer-by in this world, so by nature, I feel that I should get more, enjoy life, and enjoy dreams, and this is inseparable from money as the material basis. In the speculative market, there are even fewer traders who can afford to lose money. It is precisely because they cannot afford to lose that most traders like and are committed to adding transactions.
Even though price fluctuations are opportunities on the one hand and risks on the other, the limit of controlling risks is ultimately in your own hands.
When a trader starts to only want to do addition, it often means that he only wants to do addition and does not want to do subtraction, and the risk will not become smaller or non-existent because of your evasion.
What kind of belief determines what kind of life, similarly, what kind of philosophy also determines what kind of transaction, if you believe in addition, you will never do a good job of stop loss, and if you believe in subtraction, you will be in risk management and capital With the help of management, we can do better transactions. There is no god in the speculative world, and there is no god-like prediction.
To make much money, first ask yourself how much loss you can bear, how many points you lose, and how much capital you use to open a position. Trading is a process, not a one-time process. In this process, we will make money and lose money. A small number of traders have found out how to make profits more than losses. The vast majority of traders are still looking for ways to only make money and not lose money. In fact, there is really no such way. way.
Any trading methods and theories that do not talk about stop loss are hooligans, and even making the trading theory too cool is unreliable. What is really reliable is not what kind of trading theory you choose, but what you really do psychologically. I have already made preparations for losses. Sometimes, I clearly say that I am willing to accept losses, but when it comes to the firm offer, the traders will not obey them. Not only will they not stop losses, but they will also go against the trend to cover their positions. Is it all such a big loss?
Even if there are occasional times when the loss-making orders are made up, there is no loss or even a small profit, but this result must be a liquidation.
And this is a bet. The bet is that the market will fluctuate every time, but the fact is that the market has a direction after all.
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