Doing complex things simply and doing simple things seriously is the way to success.
The currency circle is a relatively fair place. It doesn’t look at birth, age, or background. It only looks at your ability. Dozens of currencies surge in the currency market every day, changing the fate of countless people every day. The currency circle is a place where losers counterattack. The currency circle allows millions of people to have the dream of wealth and freedom. This is the charm of the currency circle.
Most people who come to the currency circle think that they have the ability to make money. There are too many smart people in the currency circle, but these smart people may not necessarily make money, because the currency circle is a place that tests a person’s comprehensive ability. Smartness lies in the currency circle. Many times it is indeed a trap.
An important feature of human psychological tendencies is that people always try every possible means to prove the feasibility and existence of something they want to believe. And for things that you don't want to believe, you are prone to rejection and resistance. Even if it is a fact, you are still unwilling to believe that it is true, and you are unable to observe things objectively.
You have probably had more than one experience of making a profit without executing the plan. This experience is very touching, exciting and unforgettable. You are willing to attribute your "success" to your accurate judgment and patience. In fact, accurate judgment and patience are necessary conditions for investment profits, but they are not sufficient conditions. Maybe your unplanned profit was just a matter of luck. And this kind of beautiful memory will continue to appear in your future investments. The next time you suffer a loss, you will still hope that this situation will happen again. You still do not act, waiting for that scene to appear...
The transaction itself is composed of profit and loss, right and wrong. There is no transaction with only profit or loss. In trading, right and wrong are continuous and indivisible. This continuity does not refer to continuous profits or losses, but that right and wrong appear alternately and will always be so, with continuity. At the same time, right and wrong are inseparable, just like the front and back of a piece of paper. No one can always make profits or losses, and no one can separate profits and losses.
The transition between right and wrong in the trading market is very fast, so fast that there is no time to react. A transaction may be profitable one minute ago, but may become a loss one minute later; it is also possible that the position that is profitable today may be the third. It turned into a loss the next day. This rapid conversion of right and wrong is unique to the trading market and is also an essential difference between the trading market and other markets.
Trading is like fishing, it is about practicing the trader's calmness. Even in intense sports competitions, it is important to keep a cool head while keeping the body active. Calm, the mind is as still as water, and you can see everything around you without distortion; calm, methodical, and you can make appropriate decisions; calm, leading without making a move, you can hit the target with one hit.
Once you enter the market and trade, it is almost impossible to keep a cool head. It can be seen that the main challenge to successful trading is yourself. The analysis tool is only a coordination and reference, and it is mainly personal behavior. The simplicity of the tool is the priority, and the assistance is the priority. Brother Yiming, there is an AI analysis tool that you can try. As a reference direction, it is a very simple tool. It is simple and simple. It is a necessary reference tool for trading. Friends who have ideas can ask Brother Yiming to try it out and see how it works. .
Trends should be judged in black and white, not gray. It's all black and white, so when you do something right, you will naturally admit death and stick to it, and your profits will increase fully; when you do something wrong, you will definitely be extremely afraid, and it is better to cut off quickly and limit losses to small amounts. The gray state of judgment leads to a paralyzed state of behavior, making it impossible to form a profit model that "allows profits to fully grow and losses to be smaller than small amounts." Get a bottle of water, squat on the ground and pour it slowly on one spot. The water accumulates more and more, and the circles of water keep testing around until they break through at a certain point and start flowing. During the flow process, the water head keeps testing left and right. If it finds a direction, it will flow. If it cannot find a direction, it will slowly accumulate until it breaks through and then start flowing again. In hindsight, the path of the water followed exactly the laws of gravity—the path of least resistance. But water does not have a predetermined direction; the flow process is a trial process.
When the market direction is clear and the momentum is overwhelming, it is in a trend state, and you should chase the rise and the fall; when the market direction is unclear and inconsistent, it is in a balanced state, and you should sell on highs or buy on lows in accordance with the basic trend direction. Different states require different strategies.
There are roughly three stages of learning to trade: the intuitive and intuitive stage, where you go long when you see a rise, and go short when you see a fall, resulting in half a win and half a loss; the stage of learning and accumulation, when you see the rise and fall without realizing it, think a lot, and end up winning less. Lose more; in the stage of intuitive intuition again after understanding, go long if you see whether it is rising or rising, go short if you see whether it is falling or falling, and finally win more than you lose. This is very similar to the metaphor of reading from the thin to the thick, and then from the thick to the thin. It also coincides with the three realms of Zen practice.
In many cases, it is indeed difficult to say whether it will rise or fall, so the key to technical analysis is not prediction, but discipline: when certain conditions are met, take certain actions, including waiting. There are also many times when the market direction is clear. At this time, prediction is still not the focus, action is. The reason why market technical analysis is discipline is that first of all, we need to develop the habit of concentration, and focus on the truly relevant direct market information, and not let the complicated news interfere with or dilute the effective signals that are not necessarily strong in the first place; secondly, It is to develop decisiveness in action. If you can’t see clearly, don’t do it. If you can see clearly, do it immediately. Just like the doorway to hunting or fishing. Traders must be focused; if they are not focused, they may miss key plot points.
One of the biggest taboos in currency speculation is panic. The first is to follow the trend, and the second is to use your heart to feel the direction of least resistance. If you have too many distracting thoughts, you won't be able to feel which direction has the least resistance. Investors generally attach great importance to risk control. Why do retail investors lose money? He believes that the main reason is that they cannot overcome the two major human weaknesses of greed and fear. The key to investing is to clarify the goals in advance and follow the previous strategy.
This special industry requires practitioners to be highly sensitive to risks. They should neither follow the crowd recklessly nor hesitate and miss good opportunities. Not only that, analysis of the market and yourself is also essential.
Many successful bosses admit that they are "crossing the river by feeling for the stones", summarizing as they go, and finally find a way to make money that suits them. Apart from these, he said that his greatest advantage is "knowing how to adjust emotions."
Investing is divided into several stages: learning at the beginning, then trying to survive, and then being able to do whatever you want. The highest level is to develop an 'instinct reaction' - you can do it without looking at any indicators or data. make accurate judgments.
More than ten years of experience have given him a calm attitude. He does not take the initiative, but is like a quiet old house, always waiting and welcoming opportunities in the best condition.
Investment strategy: Fundamental research is the basis of investment; the band operation should grasp the principle of "following the trend" and try not to participate in short-term bands that are contrary to the general trend; grasp the hedging principle from multiple angles to reduce the overall system risk.
Investment philosophy: Stable and sustained profits are the criterion for success; stability is the first principle of investment, and risk control comes before investment.
Digital currency is mainly based on the judgment of economic situations and trends. In the short-term, money is earned in the swing band; or in some arbitrage money; while in the mid-term strategy, money is earned from currency selection and judgment of the general trend.
The essence of investing is not to lose money. It is not difficult to make money. What is difficult is to be able to avoid losing money for a long time for 20 to 30 years. Only then can you know how to balance risks and returns.
Transactions that do not meet the trading standards are filtered out, the success rate is greatly improved, risks are reduced as the transaction volume decreases, and stop losses are made more decisively.
In the past, we actively looked for trading opportunities, but now we wait for them to come. In the past, I read foreign investment reports just to look for opportunities. Now I read them just to see. When major opportunities come, I will realize them. There will be times when you make mistakes, and everyone will make mistakes. As long as you control the total amount of losses, you will control the risk. Don't get excited, just get over it.
Keep a calm mind. The bigger the opportunity, the easier it is to see it, and the bigger the risk, the easier it is for you to avoid it. As long as you keep a normal mind and don't follow what others say.
Trading market: Real spiritual masters are all very simple
Investing is not a flat race, it’s a vertical climb. Being faster than others does not mean success, because one mistake and fall can erase all achievements. On an almost endless peak, being ahead means little. The most important thing is to ensure that every action complies with safety regulations and avoids dangerous lines and adverse environments. It is the stupidest thing to do to strive for a staged ranking and forget about the cliff at your feet.
Successful investors usually have a good strategic vision and are more willing to think about issues that are decisive for the long-term future. Ordinary people are just the opposite. A big rise on a certain day can immediately make them excited and ignore the failure of the overall result. When a person thinks about the 10-year cycle, he will have the future. If he is only used to thinking about tomorrow's problems, he is destined to only reap the continuation of yesterday.
The rise and fall of assets leads to changes in future expected returns. The more depressed the current situation, the higher the expected future returns, and the lower the risk. On the contrary, not only the risk accumulation is greater, but the potential returns are smaller. But most people are too accustomed to finding fragile peace of mind in assets that are currently performing well, and do not have the courage and patience to persist in doing the right thing. Therefore, there have been so many bull markets at home and abroad in the past and present, but they have not changed the fate of many people.
The understanding of the nature of the market is:
When entering the market, you don’t need to consider anything else, but the possibility of price risk and return must definitely be considered. If we understand these, what else is not in our field of vision?
What is chaos theory? It is the unpredictability of the results and the derivability of the process. If chaos theory is applied to the market, we can conclude that the market always follows the path of least resistance. Secondly, various factors are introduced into the market in different ways and at different times, play different roles, and produce ever-changing results. Even small factors may interact with other factors within the system to form huge, unpredictable results. The market is often ruthless, and people always try to find rules in this unpredictable situation. As a result, theories and summaries, both good and bad, are flooding in.
The essence of "chaos" investment is to recognize the randomness and unpredictability of the market. It doesn't matter whether a currency is good or not, what matters is the market's recognition of it; it doesn't matter whether a piece of news is good or not, what matters is the market's response to it. Her reflection: A good coin does not necessarily mean you can make money, the important thing is the correct time to enter and exit the market; looking at a market correctly does not necessarily mean you can make a profit, the important thing is to participate immediately and control the risk; how a chart behaves is also important. It's not important, what's important is your understanding of the chart. Therefore, the market is one aspect, and you yourself are another aspect; prediction is one aspect, and trading is another aspect - you, the body of action, and the source of profit and loss.
Therefore, chaos theory teaches us to never overestimate ourselves, to always be in awe of the market, and to have a strong sense of risk is essential in investment.
Then, on the premise of recognizing the market, capture the general trend and avoid detailed risks.
There are three principles for making transactions:
First, is it possible to earn 3 yuan by risking 1 yuan;
Second, does the fundamental analysis support your investment direction?
Third, does the technical side also support the direction of your investment? Can the fundamental side resonate with the technical side at the same time?
Know when not to trade and when to choose trading opportunities. Only in this way can you achieve success. Plan your trades well, don't deviate from the plan, and don't let your emotions push you over the cliff at the wrong time.
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