What is the core secret of your profitable trading? Can you share it?

First of all, rely on the mountain to respect the god of the mountain, and rely on the water to respect the god of water. I live off the market, so I don't agree with what you say about cash machines, planting and harvesting. Trading this thing, in my opinion, is a matter of planning and success. Do what you should do well, and leave it to the market to make money.

Back to the question. What is the core secret of profitable trading? In fact, I didn't think about this problem before, because many things happened naturally. After thinking about it carefully, I think it should be self-discipline and mentality management.

Yes, it may disappoint everyone. There are no profound cheats, and there are no tactics that make people feel tall. In my opinion, the secret of profit is often hidden in nonsense, it depends on whether you can detect it and grasp it. Those things that are said to be hype, I think it is not true.

It's a bit off topic, let's continue to talk about the topic. Let me talk about my trading style first, I am a short-term day trader. The holding time is generally above 4 hours, and in a few cases, the holding time is overnight. Mainly doing swings, and then, what everyone calls a left-handed trader. Although I have always denied that I am on the left side, the angle of denial is only based on the saying that going against the trend is the left side, and following the trend is the right side. Whenever someone uses this as a judgment and concludes that I am on the left side, I will ask: What is homeopathy? Why buck the trend? Follow whose trend? And against whom? Talking about trends out of the trading cycle is all bandit logic. Putting aside this judgment basis, I have no objection to dividing me into the left side. In the current environment of talking about the trend and talking about the right side, my trading method is indeed a bit different.

I am a low frequency trader. I only trade 2 orders a day, and at the same time, I set profit targets and loss targets for myself every day, so I won’t go into details. Once the goal is reached, no more transactions will be made, and even if there is an opportunity, it will be ignored. This is a self-fusing mechanism I set for myself. After all, I believe that great joy and great sorrow are not suitable for trading. Winning streaks and losing streaks will affect the mentality, which is not conducive to trading. I'm just an ordinary person, and I can only be cautious and cautious. Although I have set myself the opportunity to trade twice a day, in fact, in most cases, I only trade once a day is enough, and there are also two times, but very few. In most cases, I am waiting for opportunities in the European market, because for direct currencies, the first peak or volatility of the intraday trend often appears in the European market. After entering the market, I hold the U.S. market. Of course, I will not touch the data. When important data is announced, I will either leave the market directly or wait for the data to operate.

And this, I understand as a manifestation of self-discipline. Of course, self-discipline is not the only aspect. For example, keeping records, my records may also be rather strange, because I don't know how to keep transaction records. What did I record? What I record are the fundamentals of various countries, economic data, major events around the world, the interest rate resolutions of each central bank, meeting minutes, president speeches, and my own analysis records. The time is from 2016 to the present. Well, it can be said to be my own small database. Whether it is the data in this event or the event, as long as I think, I can find it as soon as possible. I may not remember the specifics of a certain event or data, but I can only remember a general idea, but as long as I say a time, I can find it and review it. I think this is very helpful for me.

These are all done on my own initiative. I think this should also be regarded as a manifestation of self-discipline.

The above is self-discipline, let’s talk about mentality management. It's management, but it's just adjustment. I haven't reached the level of management yet. To be honest, this entry point is hard to find, so I think it would be better to go to the transaction record. Just the last record that I think can best explain my mentality adjustment.

First of all, I'm sorry, there should not be too many online stolen transaction records. I am too lazy to make watermarks, so I just made them casually to prevent others from stealing them. (There are still typos in the name of the first picture, but don’t worry about these details) You can see that this account was opened in November 2015. The whole month of November was good, and it ended with a profit. The profit is directly released at the end of the month. Everyone understands the reason. I am afraid that the profit will accumulate too much, and I will not pay out later. . . Forgive my arrogance, that's exactly what I thought at the time. . .

When the time came to December, the account began to lose money. This was the beginning of a change in my mindset. You can see the entire month of December, which can be described as horrible. In fact, at this time, I have realized the changes in my mentality brought about by continuous losses.

Therefore, compared with December, the order volume has been greatly reduced in January. At the same time, you can take a look at the order interval in January, which is also relatively long. At this time, I am making orders again and again, and slowly adjusting my mentality again and again. But the results can be imagined, the results in January were not very beautiful. This made me realize the seriousness of the problem.

Therefore, I decided to suspend trading until my mentality adjustment recovered. Throughout February, I was resting. During this period, I felt that I had adjusted my mentality and tried to trade, but I found that I didn't. So the transaction is still suspended. The time came directly to March. It can be seen that after more than a month of adjustments, it is still effective. The status has been recovered in March, and the withdrawal was made again in early April.

After that, the condition got better and better. After the previous withdrawal at the beginning of April, the profit was withdrawn again at the end of April.

The state is good in May, and the withdrawal is close to 16,000

Then, June was a turning point. You know what happened in June, the Brexit referendum. . . But that's another story. So much for the moment of mentality. As a result, I can tell everyone that the account has doubled several times. So I think mentality is actually quite important.

This is the secret to my profit, simple and unpretentious.