Many people simply understand trading as finding key points to place stop-loss bets, which actually reverses the core logic. The market is not a casino; the real trading logic that traverses bull and bear markets lies in trial and error and waiting, rather than guessing and gambling on size.
The essence of trading is to acknowledge that we will never know the market's next direction. Assertions about precise prediction points treat subjective judgment as market truth, and what is considered key is often a self-delusion. A trading system that can truly make money revolves around three questions: 1.
Entering a position is not about timing it perfectly, but about whether it is worth trying. All entries essentially mark the beginning of trial and error; one must weigh risks against rewards, rather than blindly guessing. 2. Setting stop-losses is easy; the challenge is letting profits run. Most people can't resist taking profits when they are winning and miss out on big trends. One should cut losses and let profits run.
3. Position sizing determines how long one can survive in the market, which is more important than how much one earns. Consider how much risk to exchange for how much reward. Experts first calculate the maximum they can lose before determining position size. Trading relies on timing; the prerequisite is being able to wait for opportunities. Even mature strategies can face periods of market non-cooperation, during which some people recklessly change strategies or liquidate.
Those who can make profits control risks, patiently wait, and understand that profits are given by the market. It is important to ensure that when the market provides opportunities, there is enough capital and position to take advantage of them; do not treat trading as a game of betting points. Those who survive in the trading market are the best at waiting and controlling. The core of stable profitability is not losing money and then waiting for money to come. #加密市场反弹 #比特币波动性