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There are actually many such words, and there are also many people who say such words. In fact, it is very simple to distinguish these words: theories that cannot be falsified are actually deceptive or useless.
Let me talk about some words that I think are very famous and correct in the trading field, but they don't have any guiding significance in my opinion. I conclude that it is fake and empty, but there are so-called nonsense that many people believe in.
The first is to follow the trend.
This statement seems very true, right? And it's a famous saying that everyone knows.
This sentence, first of all, is a concept, it is an idea, and it has no guiding significance. Here I can ask a lot of questions, what is the trend? How do you define trends in your system? What cycle is this trend in? It's all something to consider, right?
In addition, who is following the momentum? Whose trend is against it? How smooth? how smooth? Then what to do? where to do it Look, if you follow the trend and ask some specific questions, it will be very clear. In other words, go from the level of thinking to the level of execution.
And if you have answered all these questions, then you already have a relatively good trading system and trading rules, and then you can continue to optimize it. Do you need to understand this sentence? No, do you need to understand this sentence? No need. Novices don't understand, masters don't need it. This sentence is very correct, but it is useless in practice.
The second sentence is also very classic. When I entered this industry, I often heard that it will fall if it does not rise. Think about it, if it doesn't move up, of course it will fall. That's true, but what's the point? What is it that cannot rise? How to identify whether it is rising or not? If you want to talk about falling, how do you define falling? Is it a drop of 1 point? If it falls by 1 point, the market will always fall. Does 10 points count as a drop? So what do I do? where do i do it Will I have space in the future, and what is my profit-to-loss ratio? What kind of tools do I use, etc., these are all questions to think about. There is another similar one. When I first entered the industry, a senior sat across from me. I asked him a question, and I said why I lost money in this transaction, because he made a profit in that transaction.
I asked him, why did you play in this place? He said, oh, what about this deal, you see, if the price rises, it will always fall, and when it rises almost, you will close it out, which is very important.
I said yes yes yes. Later, I wondered what it meant to say that it was about to rise and not move? Wouldn't it be great if I could recognize that the market is not moving up, as long as I recognize that it is not going up, the market will really not go up. Then I can level at the highest point every time.
So this thing sounds very mysterious. I didn't know enough at the time, so I thought it was amazing. But the back is actually very harmful. Because if you believe it, there is no way to develop good trading behavior, because there are no rules. You feel that it’s almost too long, and it’s almost done, so let’s go out. Many traders are doing this, almost, almost, OK ~ that's it. What's this like? feeling, right. That is to say, make orders based on feeling.
Does anyone really know if the market is going up or not? There will be. And when you have been trading for a period of time and have a sense of the market for a certain product, sometimes you will feel that way. When you see the market, you feel that this is almost the end, but in the end it really is the end. This is actually quite normal, but you must know that this kind of disk feeling, the first requires a lot of replays, and the second requires a lot of experience and time.
Then it’s not enough to just have a sense of disk, this sense of disk must be continuous, not because today’s mood is good, I feel good, and then suddenly I don’t feel it for half a month, and the rhythm is gone. You think the market is going nowhere, but the market keeps going up. Many times everyone will encounter such a problem, that is, your feeling suddenly disappears, what should you do at this time? Is the deal still going on? Do it, the feeling of dependence is gone; don't do it, and you are not willing to let the opportunity slip by, and God knows when the feeling will come.
Is there any one that has a strong sense of disk and has continuous power? I believe there will be such masters, but there are too few of them. If you pursue this, it is equivalent to pursuing that suddenly one day I have an epiphany, I don’t do anything, I think about everything, I know everything. Is there such a magical thing? I believe there are probably in this world. But most likely it's not you.
We are just ordinary people, so let's do what ordinary people should do. Can we do it with rules, steps, order, and procedures? Then there are scientific methods to practice, and gradually cultivate yourself into a trading master.
There is such a path, but there must be steps, tools, and specific content. Knowing what to do is key. So although trading is not pure science, it must not be metaphysics.
You must know that there are specific methods and tools, detailed specifications, and scientific training that can make you grow in a short time. Everything has to be practiced constantly.
Some traders think that trading is all about talent. In fact, you may not have reached the moment when you have to fight for talent, so let's work hard on training first.
For example, if I am allowed to train for the 100-meter sprint, after three months of training, I can at least run faster than now, at least better than now. But let me compare with Bolt, I definitely can't compare.
But most people didn't practice or improve in the previous stage, and they felt that they couldn't compare with Bolt anyway, so I didn't do it.
That's why I said that the moment to fight for talent has not yet come. For the part that you can improve yourself, first improve it, and let yourself reach the bottleneck first.
Finally, I also suggest that you stay away from those so-called masters, gods, and parallel importers who often tell you fake big empty remarks, and falter when you ask for details. To do anything you have to go down to the level of detail.
If you don’t consider these details, and don’t ask yourself how to standardize these details, then when you actually do it, you will always be ambiguous, always sloppy, and always about the same, and it will be difficult to make great progress. Therefore, the real master of trading is at the strategic and tactical levels The above is equally important. If you only focus on strategy, only focus on the macro, without details, it will be difficult to become a continuous master.
Similarly, there is only the level of technique, that is, the level of tools or methods, but there is no cognitive level, no conceptual level, and it is also impossible to become a real master.
Therefore, the real master of trading is Taoism and art, strategy and specific tools or methods must be mastered in double, and they can really be combined.
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Last updated: 08/14/2023 08:03