Many people enter the market with a novice mindset thinking that seeing green is buying, seeing red is selling. But the reality is much more cruel when the market always knows how to punish those who lack principle
š¹ Without a specific set of rules, you will easily be led by emotions to fall into the FOMO trap of buying high and selling low. Just because sensational news that has not been verified blinds you
šø A standard set of rules is like a safety checklist. Force you to confirm enough confluence factors of trends and resistance zones before deciding to invest
š¹ The real power of discipline is to help you know how to refuse high risk opportunities, to protect your precious capital from liquidity sweeps of shark
šø Remember that a bad system that is strictly followed is still better than a perfect system. But you break it constantly because consistency is the key to sustainable profit
Have you built yourself an immutable set of rules or are you still leaving your account to chance?
This article is for reference only, this is not investment advice. Please read and consider carefully before making a decision.