For those trading in the market, the term 'trading strategy' is probably not unfamiliar. I mentioned in my past notes that a trading strategy is the combination and overlay of multiple market advantages—only entering trades when the market meets certain conditions labeled ABCD, this is what it means to execute trades according to a trading strategy. So today, let's continue to discuss how to construct a trading strategy that can achieve stable profits.
The fastest way to build a trading strategy is undoubtedly to directly take someone else's already established trading strategy. In 2024, there are many channels to learn trading; you can meet trading mentors online or learn trading knowledge through books. However, during the learning process, it is important to pay attention to one thing: the object of our learning must be a systematic knowledge system, not fragmented and unrelated bits of knowledge. A systematic knowledge system is like stacking ingredients such as bread, bacon, patties, and eggs in an orderly manner to create a delicious hamburger—only when knowledge points are interconnected and complement each other can the system function at its best. If you just piece together knowledge from different sources, learning one pattern here and a theory there, you will end up with a jumble of useless parts, just like a chaotic toy box of a mischievous child. I often say that to become a winner in the market, it doesn't depend on the breadth of your knowledge, but rather the depth of your understanding.
The second step, after obtaining someone else's trading strategy, is to repeatedly practice it in the market, slowly becoming familiar with the trading strategy, and making appropriate adjustments to turn it completely into something of your own. Many people have this misconception about trading, thinking that as long as they have a suitable trading strategy, they can embark on a path of stable profits—this is actually wrong. As the saying goes: for every thousand readers, there are a thousand Hamlets. This statement applies equally to the trading industry. Depending on your market experience and level of understanding, the trading strategy will present itself in completely different forms in your mind. The initial impression your brain forms about the trading strategy is often not the final form that can achieve stable profits. At this time, what you need to do is to repeatedly execute your trading strategy in the market and record the entire trading process, identifying your cognitive biases and gradually adjusting the content of the strategy until you can achieve stable profits. Generally speaking, adjusting and adapting a trading strategy is an extremely lengthy process; even for day traders with a higher trading frequency, this process may take over a year. If you are a medium- to long-term trader, the correction and adjustment of the trading strategy will take even longer as the number and frequency of trades decrease.
It can be said that learning to trade is an extremely long road. Mastering certain routes and methods can help us take fewer detours during the exploration process, but there are definitely no shortcuts in trading. To succeed in this field, one must persistently walk the path with their feet on the ground.#ETH走势分析 $ETH
