Many people trade just for the sake of trading. When you have this mindset, you are trading for profit.
1. Trading is not about predicting, but about executing.
Many people struggle every day: "Will this wave rise? Will that wave fall? Is the future going to rise or fall?".
We need to understand that the market's trends are not important; what matters is how we respond to them.
The core of trading is not guessing, but setting rules and then strictly executing them. No matter how the market changes, stick to the plan. That way, the future fluctuations of the market won't concern you, and your focus won't be on predicting the future but on using your strategies to capture the profits that belong to you. Your emphasis should be on how to optimize your strategy.
2. The essence of trading is not to find a 100% correct method, but to find a method that can be executed long-term.
Many people keep changing indicators and strategies, thinking, "This method doesn't work; a new one will surely work."
But later, they realize that there are no perfect methods in the market; there are only methods that suit oneself.
As long as a method can maintain stable profits over the long term, keep using it and strive for excellence, rather than jumping from one thing to another.
3. Losses are inevitable; the key is how to handle losses.
At first, we are certainly afraid of losses. Every time we lose money, our mindset collapses; we feel unwilling to accept it and want to recover, resulting in even greater losses.
We need to understand that losses and profits are both parts of trading. You cannot avoid losses, but you can control them.
So, we must learn to set strict stop-losses, not hold onto positions, not get tangled up, lose small amounts, and make big profits.
4. Profit is not made through frequent trading, but by patiently waiting for high-quality trading opportunities.
Most people like to watch the market every day, fearing they might miss every fluctuation. They make dozens of trades in a day, only to find that they are losing more and more.
We need to learn to slow down, only wait for the most assured opportunities, act decisively, and avoid meaningless trades.
Observe more and act less; only trade in situations you can understand, and profits will naturally follow. $BTC $ETH #美联储FOMC会议 #美联储降息 #Ripple拟建10亿美元XRP储备


