From birth to babble to learn to speak, from hungry to be fed to stand tall, everyone is born, there is a growth process, from baby to juvenile, youth, middle age, old age, these are the necessary stage of everyone’s growth.
Similarly, for forex traders, when they enter the market, like newborn babies, there are stages of growth.
As more and more traders enter the forex market, traders should be aware of their growth stage so that they can better handle any challenges they may face in trading.
Failure, success, big failure, big success, just like the K-chart, there are countless peaks and troughs waiting for every trader.
This article is part of my own insights and some oral comments from overseas traders, hoping to help you to look at trading rationally and identify what stage you are in.
Due to the length, it is divided into two pushes.
No matter how great you are in other areas, you are bound to be more or less confused at the beginning of the trading process.
Trading is an easy thing to start with, open an account, open an app, place an order, you hear time and time again how others can get rich quick on the trading market, so you make this decision easily.
So we try to trade when we know the basic rules, whether it’s stop losses or technical chart analysis, in the mind of the trader, but in practice, we always ignore it and fall into self-doubt.
Here’s a case you’ve all experienced: Paul Tudor Jones