People are full of wisdom, especially those with high emotional intelligence. Technical analysis such as daily market trends, market trends, K-line indicators, and technical forms are all very clear, but trading strategies are forgotten. Anyone who has been trading for a long time knows that trading strategy is as important as technical analysis in determining the success or failure of a trader.
Technical analysis belongs to the category of IQ, while trading strategy belongs to the category of emotional intelligence. As long as you can know when you are not sure about the market and do not understand it at all, you will be fine.
Trading technical analysis is the first step, which is elementary, and belongs to the category of IQ; trading strategy is the second step, which is intermediate, and belongs to the category of emotional intelligence; philosophy is the third step, which is advanced, and belongs to the category of concepts, philosophy, and truth. Most traders fail to reach the second step from technical analysis, and the third step is even less likely.
For currency speculation, if you are just hard-working, diligent, law-abiding, and law-abiding, then the probability of success will definitely not be as high as that of a trader who adapts to circumstances, observes words, and knows how to predict the spring breeze and water. To make money in the market, it is more important to know clearly what kind of market trends you cannot understand or grasp than to know what kind of market trends you can understand. Because capital preservation is the most important thing. If you don't know how to avoid risks and only know how to make profits, you won't be able to survive at all.
Even gods can’t understand all market trends, so gods don’t hold positions until too late. So, as a little leek, why should you force yourself to do something difficult? In the process of currency speculation: buying coins, holding stocks, locking positions, and selling coins all fall into the category of transactions.
Learning to choose short positions at the right time and learn to refuse transactions is an important part of the trading strategy and a vital lesson for traders.
The fluctuations in currency prices are like our wonderful lives, with peaks and troughs, passion and stormy waves, but most of them may be calm.
Many people who speculate in currency made money in the bull market, thinking that they were the god of currency, and thus became financially free. They could use the currency circle as an ATM every day. However, soon the bear market came and all of a sudden, the profits evaporated first. Then I lost my principal, and I was unconvinced and borrowed money to speculate in coins, but soon I was beaten by a meat bun.
Life is the same as speculation. Choice and giving up are twins. To be able to choose, you must be able to give up. Don't treat your chest as the tarmac of the airport. You want to have and embrace everything. If you don't know how to give up, your life will not be happy.