逍遥XTony
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Recently, there has been a wave of interest in the Wave Theory in the cryptocurrency world, probably due to Nvidia and the widely known Liu Yudong, who has started charging for his explanations of the Wave Theory.
It is unknown whether this has influenced others, but even a once-successful trader has also begun to explore the wave.
Whether it’s waves or the Chen Theory, or any other Wyckoff, these so-called trading theories essentially aim to predict the market. The reason they exist is that people's uncertainty about the future creates anxiety, and the Wave Theory can predict trends, providing a sense of certainty about the future market movements.
With certainty, people feel a sense of stability within.
It is just selling a placebo.
However, the market is fundamentally unpredictable; the market is uncertain. The Wave Theory is essentially fortune-telling, a form of superstition.
Look at the lottery trend chart in this image; lottery players predict the next lottery based on the trend chart. Isn’t it laughable???
But when it comes to the stock market or cryptocurrency, some people actually believe that this Wave Theory is useful!
The core of trading profit lies in:
Patience in waiting,
Courage to open positions,
Guts to hold large positions,
Calmness in maintaining positions,
Decisiveness in cutting losses.
There is no so-called Wave Theory.
Learning about waves (I even think it’s impossible to learn because it’s just fortune-telling, which is why there’s the saying that every person has a different wave) can only make one an analyst, and is of no use for trading, even posing great risks.
You are here to trade and make money, not to be an analyst.
What’s the use of analysis? Those financial analysts are all graduates from prestigious universities, and now it’s so competitive that you can’t even get in without a master’s degree from a top university, right?
They have a pile of financial certificates and are professionally trained; who doesn’t have better theoretical knowledge than you? They are just employees.
Dare to open positions,
Trading is gambling; what skills are there!
Dare to cut positions, dare to hold positions,
Cut losses when wrong, hold on when right!
Believe in yourself,
With me in mind, I see no one!
Knowing all this is not enough; the principle is simple, but when it comes to actually opening positions, one panics and tries to run away after earning a little...
You also need to have execution power,
Haven’t you heard this saying:
Everyone understands the principles, but can’t put them into practice.
Everyone understands the principles, but can’t put them into practice.
Everyone understands the principles, but can’t put them into practice.
Everyone knows how to lose weight; there’s no need for any analysis.
Control your mouth, move your legs, eat less, exercise more,
You might even just need to eat less to lose weight. If you don’t eat, it’s impossible to gain weight. I see that those participating in the outdoor survival challenge in Zhangjiajie, how come every one of them lost dozens of pounds, and some are almost starving to death.
But even though everyone understands the principle, how come there are still so many overweight people?
Knowing and not being able to do it.
Knowing and not being able to do it.
Knowing and not being able to do it.
There’s a huge gap of ten thousand miles between knowing and doing.
And knowing and doing is execution power.
The practice of trading is cultivating your execution power through repeated openings of positions. 😃😃😃
It is unknown whether this has influenced others, but even a once-successful trader has also begun to explore the wave.
Whether it’s waves or the Chen Theory, or any other Wyckoff, these so-called trading theories essentially aim to predict the market. The reason they exist is that people's uncertainty about the future creates anxiety, and the Wave Theory can predict trends, providing a sense of certainty about the future market movements.
With certainty, people feel a sense of stability within.
It is just selling a placebo.
However, the market is fundamentally unpredictable; the market is uncertain. The Wave Theory is essentially fortune-telling, a form of superstition.
Look at the lottery trend chart in this image; lottery players predict the next lottery based on the trend chart. Isn’t it laughable???
But when it comes to the stock market or cryptocurrency, some people actually believe that this Wave Theory is useful!
The core of trading profit lies in:
Patience in waiting,
Courage to open positions,
Guts to hold large positions,
Calmness in maintaining positions,
Decisiveness in cutting losses.
There is no so-called Wave Theory.
Learning about waves (I even think it’s impossible to learn because it’s just fortune-telling, which is why there’s the saying that every person has a different wave) can only make one an analyst, and is of no use for trading, even posing great risks.
You are here to trade and make money, not to be an analyst.
What’s the use of analysis? Those financial analysts are all graduates from prestigious universities, and now it’s so competitive that you can’t even get in without a master’s degree from a top university, right?
They have a pile of financial certificates and are professionally trained; who doesn’t have better theoretical knowledge than you? They are just employees.
Dare to open positions,
Trading is gambling; what skills are there!
Dare to cut positions, dare to hold positions,
Cut losses when wrong, hold on when right!
Believe in yourself,
With me in mind, I see no one!
Knowing all this is not enough; the principle is simple, but when it comes to actually opening positions, one panics and tries to run away after earning a little...
You also need to have execution power,
Haven’t you heard this saying:
Everyone understands the principles, but can’t put them into practice.
Everyone understands the principles, but can’t put them into practice.
Everyone understands the principles, but can’t put them into practice.
Everyone knows how to lose weight; there’s no need for any analysis.
Control your mouth, move your legs, eat less, exercise more,
You might even just need to eat less to lose weight. If you don’t eat, it’s impossible to gain weight. I see that those participating in the outdoor survival challenge in Zhangjiajie, how come every one of them lost dozens of pounds, and some are almost starving to death.
But even though everyone understands the principle, how come there are still so many overweight people?
Knowing and not being able to do it.
Knowing and not being able to do it.
Knowing and not being able to do it.
There’s a huge gap of ten thousand miles between knowing and doing.
And knowing and doing is execution power.
The practice of trading is cultivating your execution power through repeated openings of positions. 😃😃😃
Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content. See T&Cs.