October 18 GM
Why is it most important to hold on to losses in trading?
When we are addicted to making options, we tend to turn a blind eye to simple truths. The more difficult things are, people tend to enjoy it because it is exciting and challenging enough, while we often disdain simple methods.
For example: many people ask me about volatility trading, market making strategies, and Gamma scalping, but few people ask me how to use vertical spread and ratio spread?
The speculative market is a game of managing and controlling risks. Keep an eye on the stop loss. The stop loss is controlled by yourself, regardless of the profit, because the profit is whatever the market gives you. Any time you forget to respect the market trend, you will make a big mistake. What strategies and tactics to adopt in different market environments are the key to long-term success. Think more, think more clearly, and position yourself, and then you can set your mind, focus, and win. I believe that everyone will feel the trend of cryptography in the past week. As long as people are doing this market, there must be rules!
We just need to find this law, this "potential", recognize the trend, follow the trend, and take advantage of it! Gradually form your own set of positive price trend strategies, coupled with good fund management and risk control mechanisms. Use "dispersed" and "persistent" methods to gain a long-term probability advantage in the speculative market instead of going all-in. Never put yourself in a dangerous situation and never take excessive risks. As long as you determine the risk you can afford before entering the market, it is a good trade in principle.
How to deal with each stage, each retracement is controllable, and you are sure of it. If you persist for a long time, you will become more and more confident. If you lose money, you will know how to make it back. Slowly, you will have positive feedback. As long as there are no big ups and downs every month, the small pit where you lose every time can get up, you will become more and more confident, your mentality will improve, and you will be able to face profits and losses calmly. This is "enlightenment", and you will be able to form your own With one skill, you can live leisurely and contentedly in this market.
$BTC