Are you always losing money on your trades? How to adjust?
There is an old saying in trading, 20% of the technique, 80% of the mentality, that is, the Pareto Principle. Many people often say that they should concentrate on watching the market.
But in fact, if you are doing the trend, you don’t need to be nervous because of the slight fluctuations in the market. What you need to follow is the tide in the sea, not the surface waves. So, is it necessary to watch the market every day?
What can you see after watching it? Or are you just comforting yourself that you have "seriously watched the market"?
Most of them are just "praying" and "warming up", aren't they?
Trading is the decision to make. Whether you win or lose is up to fate.
All you can do is control your losses and emotions. Don’t get involved in the original transaction too actively.
Only in this way can it be meaningful to review. In the end, trading is just a game of expected value.
For example, the final entry and exit stage of my order is not technical analysis.
It is the choice when I can tolerate the worst profit of only 1 million, but I have the opportunity to fight for 10 million.
Besides, can your amount be so large that it affects the trend?
If not, then what are you watching that makes you nervous?
Anyway, it’s all gambling, so you might as well go to the casino. You can also enjoy delicious food, beautiful women, and a beautiful atmosphere.
Friends who are currently confused and have no direction in trading, please leave a comment 1, this bull market will help you get rich.