1. Control Your emotions Most traders who enter are motivated by profit.
In the face of colorful disk, in the face of the temptation of price rises and falls and in the face of capital gains and losses, it is almost impossible to have no mood swings.
Trading decisions are often influenced by common emotions such as fear, hope, greed, anger and regret, which can cause traders to lose their minds, lose their discipline, become paranoid about gains and losses, become nervous, and become restless!
Investors who have difficulty grasping emotions will always be impulsive again and again, or ignore risks, or despair of opportunities, let emotion replace reason, time and time again to dominate the investment, ultimately unable to escape the clutches of failure.
A mature trader should be a calm and rational decision-making machine.
He doesn’t let emotions and emotions influence his trading decisions.
He can deal with market fluctuation and operation rationally and objectively!
Not to rise crazy, not to fall fear, like not complacent, anger is not furious, grief is not grief, fear is not panic.
Warren Buffett once said: “Successful investment does not require outstanding intelligence, unusual business opportunities and inside information. What is needed is a structure full of intelligent investment decisions, and do not bring personal emotions into this structure.”
Graham, Buffett’s mentor, said the same aphorism: “People who can’t control their emotions don’t profit from investing!”
2. Control Money The topic of money management may be commonplace, but there should not be too many traders who actually follow their inherent discipline and principles to the letter in their operations.
In fact, people who burst positions almost all know the risk of heavy positions, but when it comes to trading operations, greed is usually uncontrollable!
This mentality stems from the greed of human nature and the greed for fear that opportunity will be lost and that money will not reach the maximum limit!
So if you want to exit the market safely, taking control of your money is the only option.
Trading isn’t about getting rich. It doesn’t have to be done all the time.
Finished many immature trader in more empty, empty out as much, as if a carefree down, lose the do the deal, and they do have spare not come down, as long as he have some money in your account, as long as they see every bit of trouble on the market, they will be according to their own fantasy a hash operation approach.
Do SINGLE OK, BUT YOU MUST HAVE OWN PATTERN, HAVE MATURE DISH FEELING, HAVE OWN PRINCIPLE, HAVE OWN DISCIPLINE, HAD BETTER STILL POUNDAGE NOT TOO HIGH.
However, it is recommended that in addition to some brokers with years of trading experience to earn some fees for themselves, other traders had better choose a better mode of operation.
In addition, the point of entry and exit of a trend trader is also key, and it is not just any position in the trend that can be entered or taken out.
This is the knowledge of evaluating and judging the market and controlling the rhythm of the market.
If you often consult others on how to handle the market in a trade, or are always nervous about your position, or keep getting it wrong to the beat of the market, then I can clearly conclude that you must learn these basic skills again.
4. Limit Losses 4 Traders enter the market to win and make profits.
Everyone wants to make money, hopefully a lot of money.
But this market is not a money-printing machine.
It can’t produce money.
It’s just the flow of money between you, me and him. Some make money and some lose money!
When losses become our unfortunate reality, when losses become our unfortunate reality, what should we do to control your losses!
Control how much you lose!
Control how often you lose money!
Faced with trading losses, many traders either lose money, resign themselves to their fate, or take risks.
Ultimately, repeated losses or significant losses will not only result in a loss of money for the trader, but more importantly a loss of self-confidence!
Confidence is the psychological foundation of making a lot of money in this market.
So, what should we do?
Stop losses must be set before entering and executed faithfully during the operation!
Your faithful execution of operational discipline is your own loyalty!
It has nothing to do with your profit and loss, your method of operation, your intelligence quotient, only with your execution.
Control of trading is control of your own investment destiny.
The key to investing is: when the time is right, ride the wave.
When you have to, don’t fight;
Opportunity size in potential, whether to make a lot of money to see how big potential, potential big opportunity is big.
Investors still focus on Omicron, two factors may guide the market theme.
Please pay attention to the specific operation, the market is changing rapidly, investment needs to be cautious, the operation strategy is for reference only.
