Ask everyone a question, which one do you think is the most important in the contract trading process: opening a position, stopping a position, stopping loss, and stopping profit?

I believe that many people will choose to open a position. At first, I also thought that opening a position is the most important. The reason is very simple. If you open a position correctly, it is difficult for you to lose money. Is this really the case?

Later, I found that trading is actually a probability game. For a single transaction, winning or losing is possible, and there is no 100% certainty. Trading is not about doing it once or twice and then not doing it. Trading is a long-term process. We should expand our vision and not pursue the success of a single transaction, but focus on the overall results of the transaction. In this way, opening a position is the least important.

When chatting with many friends who come to me, I often learn that many traders have made profits many times, but have not made money. Some traders have lost many times, but have made a lot of money. What is the reason for this?

Because most traders only pursue the winning rate, pay too much attention to the success or failure of a single transaction, and lose the profit and loss ratio. Although the winning rate is high, you lose more when you lose, and win less when you make a profit, and the final result is a big loss and a small profit. Soros said that it is not important to judge right or wrong. What is important is how much money you make when you are right and how much money you lose when you are wrong.

You can open a position without any conditions. It is right to open a long position at the same point, and it is also right to open a short position. Even if you guess the heads or tails of a coin every time you open a position, it is okay, because the future market is unknown. You cannot predict whether the next market will rise or fall. The only basis for your opening position is your trading rules.

Opening a position is not the core of trading. The core of trading is how to minimize the loss if you lose money after entering the market? If you make a profit, how can you let the profit run and expand the profit? This is what we should consider. #比特币大会 #美联储何时降息？ #美国大选如何影响加密产业？ #山寨季何时到来？ #BTC走势分析 $BTC $ETH