Trading is not about huge profits, but about stability and security. Funds need time compounding to grow. Don't get lost in the gains and losses of one or two days. Learn to wait. The money in trading comes from sitting and waiting, and it is getting more and more.
The worst trading comes from impulsive trading, and the most destructive mistake is over-impulsiveness. Frequent trading more than a dozen times or even dozens of times a day does not actually have so many trends to exploit. It's just human tension and panic. The trading mentality that wants to make easy profits or make efforts early will often be eliminated by the market. There are countless trading strategies in the world, but in general, it is a balance between winning rate and odds. Trading should be carried out according to clear trading signals. Don't change trading strategies hastily because of impulse. The way of trading is stability and security, not the pursuit of huge profits. The growth of funds depends on the magic of compound interest of time, and it is not a day's work. Don't lose your way because of the gains and losses of one or two days. Learn to wait patiently, which is the right way. It should be known that the wealth of trading is like a deep still water, gathering in silence, and the more it accumulates, the richer it becomes.
Impulsive trading is a big taboo in trading, and its destructive power is amazing. Hastily conducting dozens of transactions in a day, when there are actually few market trends, is nothing but the tension and panic of human nature. The trading mentality of trying to make easy profits and rushing for quick results will eventually be ruthlessly eliminated by the market. Even if there are thousands of trading strategies, in the final analysis, it is the art of weighing the winning rate and the odds. Trading should rely on clear signals, and strategies must not be changed arbitrarily due to impulse. Only in this way can you go steady and far on the road of trading and reap the fruits of wealth growth.