Are traders with longer trading experience more powerful?

Although this is not necessarily conclusive, the longer you have been trading and the more experience you have, the easier it is to understand the risks.

Why? Because I have experienced enough.

I have a friend who knows a "master". His trading mode is very interesting, and this mode is for shocks. The specific method is, I will buy a little when it falls, and sell a little when it is high, and all kinds of flips... What I do is also flourishing.

Then I discovered a phenomenon, that is, if there is a unilateral trend, this trading method is easy to buy more and more with no lower limit. For example, normally he opened 4 lots of palm oil, but one day the palm oil fell sharply, and he was able to add up to more than 40 lots, and the capital utilization rate was almost 80%.

I asked my friend, don’t talk to me about how much money he makes with this method, and how good he is at making money. Since his method is not in the day, what should he do if the palm oil opens lower? My friend said, can't you? They all have their own unique methods to choose the varieties they trade, and they are all psychologically aware.

All I can say to him is that you may lack the beatings of the market...

He has never seen those cruel moments in the market. He does not know that the market can directly open the reverse limit. He may not know that the market may go from a daily limit to a lower limit in a few minutes. Even the board...the so-called sureness and methods are just personal rhetoric.

If trading is suspended overnight, what is faced is uncertainty, and no one can escape. There is no big fluctuation in palm oil in the external market, which is good luck in the short term. When there is fluctuation, it is the day of defeat.

He hadn't seen it, so he couldn't imagine the obvious risks involved.

A trader with a longer trading experience may have a deeper understanding of risks, because he has a lot of experience of being hurt by uncertainty. He often loses all his floating profits, and he is often stopped just right. When he is most confident, he is often taught a lesson, and when he is most arrogant, he is always seriously injured. Similarly, he has seen too many so-called profiteering geniuses rise up in various fancy ways, and then quickly disappear after a short period of glory. He has also seen many people who are as arrogant as he was when he was young slowly disappearing in the long river of time. Therefore, he began to restrain his edge, focusing on the early stage with controllable risks to gain profits.

Many people see this sentence and always feel that the second half is the key point, but in fact the core is the first half. Only when you are alive are you qualified to talk about benefits. Therefore, they no longer talk about multiples every day, and they start to study how to take the risks they want to take in exchange for the benefits they want.

And those arrogant players who are bluffing are always lacking the beatings of the market.