Garbage counterfeit, ruin my youth😂 Count those bad transactions and remove them, and it will be profitable. In the future, only deal with profitable varieties, thank you!
When the requirements for the entry point are too perfect, it is normal to miss opportunities; no one is a deity, and it's impossible to predict the exact point. How to solve this? Place orders smoothly, and there's no need to achieve everything in one go.
When the account is losing, do not rush to use a larger position to turn things around, as this can more easily lead to disaster. The more the account loses, the more one should reduce the position. Wait until the trading system matures and the market aligns with one's methods before increasing the position!
The world's energy is always conserved, and gains and losses come from the same source. The strategies that have allowed us to be successful many times may one day turn around and consume us. A strategy is effective only when it is not always effective. What enables us to achieve stable profits is not the search for a holy grail, but rather finding a trading method that makes us comfortable, along with proper position management and risk control. This was my realization when I earned my first million in futures last year. However, during the time of making money, I was complacent, spending lavishly, and began to indulge in pleasures; trading became casual, with heavy positions and reckless trading in unfamiliar varieties, placing hopes on mysterious forces, which set the stage for my subsequent trading failures.
Patience is a great quality, especially when the market outside is rising and the varieties you hold are not. What will you choose? 1. Sell immediately and switch to another variety. 2. Continue to hold. 3. Close part of the position and buy other varieties. 4. If you have extra funds, directly buy other varieties. 5........... There are many choices, and different ways of managing positions will correspond to different choices. The market is uncertain, and no matter how you choose, there may be both good and bad outcomes. Consider your decisions within a long-term time frame; selling immediately to switch to another variety might be right five times and wrong five times. None of the above choices are inherently good or bad, but you should stick to the choice that stabilizes your mindset. For me, if I adjust from variety A to variety B, and A rises sharply while B falls, this situation will cause a huge change in my mindset, which will affect a series of subsequent trades. Therefore, my rational choice should be to continue waiting.
Do institutional traders have any long-lasting secrets? No, they are all human, and everyone has human nature, it's just that the amount of capital and the methods of operation differ. Moreover, they have plans, research, strategies, and risk control, which allows them to accumulate some advantages in the market.
If I don't watch the market, I am likely to be profitable. Many times, it is the modification of my own plan that leads to a good trade being exited much earlier. Trade your plan, plan your trade. Do not make decisions during trading. The success of a trader is actually a reward for some good qualities in human nature.
Be able to endure profit drawdowns. When losses occur, don't stubbornly fight again; first 'avoid', exit the market, and take a break. Don't stare at the market; do what you need to do.
So what will you do if you run away? Let's close it up and deal with it first!
Pisnake
--
Let's do it this way, Brother Dog Zhuang. You help me make a wave first, reach 0.08, eat up the long positions, and then raise it higher, okay? The shorts will come down and aggressively increase their positions. I'm begging you $pippin {future}(PIPPINUSDT)