How to cultivate good trading psychology?
1. Fast, accurate and ruthless.
It is a three-word decision of speculation.
In the midst of rapid change, global buying and selling will flock if there is any informational stimulus.
Because the fluctuation range is large, the fluctuation is too fast, we should do single entry as soon as possible.
This is fast.
It is important to move quickly, but there must be a precise premise.
After seeing accuracy, we have to be ruthless.
Some people will see a certain direction of volatility, but they tend to be half-hearted, hesitant, dare not enter the market.
This is a big no-no.
Fast, accurate and ruthless are the expression of confidence and will.
With confidence, you can do anything.
You’re a coward about everything.
No matter what you do, you will never achieve anything.
2. Optimism in low tide, vigilance in fever.
Currency investors often get frustrated by declines and rush to liquidate their positions;
Due to the booming foreign exchange market, irrational, too blindly optimistic.
As a result, he was often trapped and immobilized.
Anyone who does not remain optimistic and vigilant will not be a winner in the foreign exchange market.
Currency investors must remember that they are optimistic in the lows and vigilant in the highs.
When it goes down, don’t panic and stay 5 optimistic;
When going up, you don’t get carried away by a small victory.
3. When foreign exchange investors make mistakes, they tend to find various reasons to make excuses for their poor investment decisions.
In fact, investment mistakes are normal, the key is to learn from the failure.
Without help, no decision, right or wrong, will happen.
Instead of passing the buck, it’s better to admit your mistakes, find out why, and fix the problem.
The cost of your tuition helps you know how to handle a similar situation again without being caught off guard and making the same mistakes again.
4. On long-term potential development.
Human nature always wants to be on the side of making money, so it always seeks to go up.
Sell when you see a dip, but once the market reverses and you don’t react quickly enough, you usually suffer significant losses.
We should pay more attention to long-term potential development, not just short-term paper surplus.
5. Always be resilient.
While long-term trends in foreign exchange markets do not change easily, they are often stimulated by information in the short term.
Because of one thing and one sentence, there are often big reversals.
Therefore, both in the capital operation and in the long – and short-term thinking, do not be too rigid.
They are even stubborn and face too much risk, especially for ordinary investors, who cannot understand the changes in the foreign exchange market at any time.
Therefore, the operation mode of flexible allocation of funds is very important.
Canadian dollar falls on hold;
The new rules sent the pound to its lowest level in nearly a year.
Please pay attention to the specific operation, the market is changing rapidly, investment needs to be cautious, the operation strategy is for reference only.
