I have been involved in trading for almost 5 years. Although I have always devoted my spare time, through the relationship cultivation over the past few years, I have developed feelings for trading. If I say that I have feelings for money, it also makes sense. I like the market. There are all kinds of possibilities for making money, and the feeling that making money can be completely controlled by yourself. Many people may not understand what exactly a trader does and what kind of status he is in? In the eyes of the public, traders make a lot of money easily and easily. As long as they click the mouse, they will have a lot of money, which can equal the income of an ordinary person for a month or more.
But this is only what I see on the surface. I believe in two sentences: "God is fair to everyone" and "No pain, no gain." Some people may think that those celebrities seem to have endless money, God must be partial to them. As for whether they have any troubles, I don’t know. I think they may have some. After all, life and work are not easy for everyone. I am an amateur trader. I usually have my own job and my own life. Here I just want to talk about what an amateur trader like me looks like and what I hope to become.
I once read a book about the 9 stages of trading, and what kind of state a trader is in at each stage. At that time, I felt enlightened after reading it. At that time, I defined myself in the first stage. The three stages are indeed going on step by step according to the author's description. The nine stages are roughly described like this.
The first stage: When you first enter the market, you only know that you are here to make money. You can only click the mouse to open and close positions. The advice is completely given by others. You think you can make money easily by following them. Every time you place an order, you will watch the market jump back and forth intently. If you make a profit, you will want to close the position. If you have a floating loss, you will think that as long as you wait, you will get your money back. This stage is about small profits and big losses, and liquidation is common because you don’t believe that stop loss can help. This stage will also eliminate 90% of people. These people feel that finance is not suitable for them and will never get involved again.
. The second stage: Begin to know what positions and contracts are, and do not make big moves but reduce positions to make yourself more stable. Start paying attention to technical indicators, especially MA, Jin Cha, Si Cha, KDJ, RSI, etc. Looking back, the market indicators are so accurate. You are convinced that they are the magic weapon for winning, and you also start to pay attention to the impact of fundamentals. But unfortunately, you still lose money at this stage, but the loss is much smaller than the first stage. The main reason is that your position is reduced.
The third stage: The first two stages may last several months or even half a year. If you find that one indicator is not easy to use, you will learn another one. In the process of learning, you will find many online lecture videos, and they all talk about gold. Segments, trend lines, Dow Theory, your knowledge begins to expand from there. At this time, due to long-term losses, you will understand how difficult it is to make money in this market. The more anxious you are to make money, the more you will lose. You start to listen to other people's suggestions, buy books, read books, and learn with an open mind. In this way, your learning will be better. The road begins here. At this stage, there are occasional big profits, but the overall loss is still there. The fourth stage: You will fall in love with reading books for a while, and realize that trading relies not only on technology but also on the heart. After your own study, you go to the market to experience yourself, and you can obviously feel your own improvement. You begin to If you come into contact with Dow Theory, Wave Theory, or even Tangle Theory, and know that you should follow the trend when making transactions, you may have written a lot of summary documents like me, studied K-line patterns, and understood the importance of stop loss. Liquidating positions. Design your own board to look like you want. It may have moving averages, indicators, and occasionally draw a few lines. At this stage, if the market goes well and has a strong trend, you may make money, but once the market starts to become chaotic, you have to re-examine yourself, and overall you will still lose money, because you do not have enough control over your mentality and emotions at this time. In place, I have been working hard on the technical route, and I think I can stand alone.
The fifth stage: Amateur traders have to go through the above 4 stages for about 1-2 years. Generally speaking, they have been losing money. At this time, you will feel that there is nothing you can do. Many people will give up at this time because they have worked hard. There is simply no way to solve the problem and achieve the goal. At this time, you must calm down, think and learn, and try to find a direction that suits you. You must judge your own character well and cannot rigidly learn from others. You must form your own system. For example, I have watched a lecture by a master of wave theory. It seems that he will not teach you how to count waves, because few people can understand it. When you see his board, you will feel that it is so confusing that it blocks yourself and the K-line. But he felt it was extremely clear, so I am not suitable for the wave theory, and you must find yourself suitable for the theory. It is necessary to write your own trading system. Although you may not know what a trading system is, you may write a few entry signals as your system. You may write about tools that you think can make money and what you should do to watch the market. Rules, and use the system to constrain yourself to control your mentality and the frequency of placing orders. This is a good phenomenon. You have entered a stage, but just having these is not enough to make stable profits.
The sixth stage: You no longer expect to catch the top and bottom trends, and no longer look for the market's reversal point. You know that no one has accurately predicted the price trend. You only make transactions based on the structure and market trends that you can understand. It turns out that it is just a high probability event. As long as you stick to your system and stick to it, you can make money. But the mistake often made at this time is that once the loss is stopped, you will have doubts about your system, and you will often break the rules you set just because your hands are itchy. You cannot accept losses rationally. Once stop loss occurs, you will easily become emotional. In an instant, the three natural enemies of heavy positions, non-stop losses, and frequent trading will immediately become friends. You will not be able to reflect rationally until you lose all your principal. In this way You may have gone through this process countless times, always making the same mistakes again and again. In the end, you can only doubt again whether you are really suitable for trading. Why didn't you give up earlier and persisted for so long? After losing a lot of money, you seem to be going through hell-like pain. After going through the pain, your emotions will gradually stabilize, and you will continue to think about what you did not do enough until you can reflect on your own problems: maybe the trading system is not perfect enough, maybe you don't have enough self-discipline, or maybe you don't have enough self-discipline. You haven't found the right direction and method; at this stage, you can make no profit, no loss or a small loss.
Stage 7: As long as you can persist in learning and reflection, keep moving forward, have a complete system that suits you and be self-disciplined enough, you will definitely be able to make stable profits. At this time, you begin to have your own understanding of the market and a set of philosophical theories. You understand that making money does not require complex tools or complex systems. Sometimes, the simpler and older things are, the more effective they are. Even a simple MA can help you make profits. You can calmly know when and where to enter the market, which product is more suitable at which level, how to set the exit point, and how to be patient in holding the medium and long term; at the same time, you can calmly accept losses, because losses are also part of trading. Although you will still make mistakes occasionally, most of the time you can be rational and self-disciplined. At this stage, you have a feeling of enjoying trading. You may have enjoyed losing money before, but now your mood is different. There is not much excitement, and it is also a kind of contented dullness.
Stage 8: You already have a complete system and can achieve enough self-discipline. It seems that you have become a mechanical trader. Entering and exiting seems to be a piece of cake for you. Once you have set up your stop profit and stop loss, you can do what you want to do without having to stare at the computer screen all the time, and your mood will not fluctuate with the market fluctuations. fluctuation. You will no longer have any illusions about getting rich overnight. You just want to make money steadily according to your own system. You rarely care about fundamentals and just want to be a real technical trader.
Stage 9: Those who can persist through the eight stages are already completely successful traders. If you must be at the next level, then you must not only know the world economic system well, but also have enough funds and enough With patience, enough courage and courage, you can even control the market sometimes. You can realize the meaning of life through trading. The philosophical level of thinking has also reached a certain level. It seems that I have returned to nature. I understand the true meaning of "choice" and no longer care about traditional gains and losses. Trading has reached a certain level. We have to go through these stages before we can realize the original intention of trading. This process will take at least a few years. During this time, you are also working when others are working, you are studying when others are off work, you are practicing when others are sleeping, and you are spending weekends when others are not. When you are struggling, you will spend almost all your free time learning and researching trading to find methods. Moreover, everyone's trading growth path and personality are different. Even if others can give you the method, you have to learn the essence by yourself. Practice, cultivate your own heart, hone your character, after all, the heart is the most difficult level. Only those who have gone through these stages can truly understand what it feels like and enjoy the joy of success! #币安sensei