There are 9 realms of investors in the currency circle. Which level are you at?

1. I just came in and didn’t understand anything. I watched my friends read the market news and bought whatever was popular. I made small gains. I was very careful in my transactions. My positions were not large and my holding period was short. I had a good mentality.

2. Correct your attitude, really get in touch with this circle, take the initiative to understand relevant knowledge, and try to analyze transactions by yourself. Sometimes it works, sometimes it doesn't work, short-term trading, not caring about the fundamentals according to indicators, and being in a state of small losses.

3. After having an in-depth understanding of technical analysis, the account is still losing money, and I think that technical analysis is not easy to use. Learn other people’s trading methods, so that it seems that you don’t know the skills. The main operation is to chase the rise and kill the fall. Once you buy, it will fall and if you sell, it will rise.

4. After trying for a period of time, you find that you cannot understand the market, so you go to learn from a teacher or find some inside information, and then you begin to see the prototype of the market as a whole.

5. You have previous trading experience and have understood some of the operating methods of the market. If you feel that you need your own trading system, this is the beginning. It is clear that market trends are affected by fundamentals, and short-term fluctuations are affected by emotions. During this period, the number of ultra-short-term operations has decreased, and we focus on swing market conditions, but we still cannot hold orders and funds for a long time. The account is still losing money, but I have learned Reflect, know why this transaction will make money? Why did that loss occur?

6. Build your own trading system, formulate your own trading plan, and learn to take a rest. At this stage, there are occasional profits and losses, and the market has been able to outperform the market during the uptrend. However, the biggest problem is that there is no way to maintain profits. The account funds fluctuate greatly, and there is no big loss.

7. You begin to understand that short-term market fluctuations are difficult to accurately predict, but mid-term trends can be predicted. Your trading system is gradually improving, and you can already formulate and execute trading plans. At this stage, you can face winning and losing easily. You know that the money you are losing now will be returned to you sooner or later. You don't care about short-term gains and losses, and you will actively wait for opportunities.

8. Know that making money is easy, not interested in small money, and pay attention to trending opportunities. Fluctuations in indexes and currency prices have less and less impact on you, and you pay more attention to changes in your own logical conditions. The trading cycle is getting longer and longer, the time to watch the market is getting shorter and shorter, and the tolerance for risk is getting larger and larger.

9. At this stage, your investment is not limited to the currency market, but may also invest in other markets. You will pay more attention to the macro economy and use the economic cycle to choose market investments. You are sensitive to macroeconomic changes and use hedging to reduce risk. The frequency of transactions will become less and less, and the cycle will become longer and longer. The main thing is the financial freedom that has been achieved. #BTC #sol #ETH