After trading on the trading floor for a while, you’ll notice a particularly interesting phenomenon.
Everyone talks about cutting losses, discipline, and unity of knowledge and action.
But when you open your positions, you find a lot of trades down -300%, -500%, and even -1000%.
In fact, everyone understands the principles.
When you’re down 5%, you know you should run.
When you’re down 10%, you know it’s dangerous.
But when it’s your own trade, you always feel like you can wait a bit longer.
Wait for a rebound. Wait to get out at break-even. Wait for the main force to push the price up.
In the end, a small loss turns into a bigger loss, and a big loss turns into a deep drawdown.
Over the years of trading, I’ve come to feel more and more that technical analysis isn’t that hard.
Moving averages, indicators, support and resistance levels—if you spend time, you can learn them.
What’s truly difficult is: once the market proves you’re wrong, do you dare to admit it.
Many people aren’t unable to cut losses.
They just aren’t willing to admit they misjudged.
So the biggest enemy in trading is never the market.
It’s always wishful thinking.
The market won’t hold back just because you can’t bear to lose money.
If you don’t follow the rules, even the best techniques are just empty talk.
#Clarity法案9月15日程序性投票 #美国2年期国债收益率升至4.61%
Everyone talks about cutting losses, discipline, and unity of knowledge and action.
But when you open your positions, you find a lot of trades down -300%, -500%, and even -1000%.
In fact, everyone understands the principles.
When you’re down 5%, you know you should run.
When you’re down 10%, you know it’s dangerous.
But when it’s your own trade, you always feel like you can wait a bit longer.
Wait for a rebound. Wait to get out at break-even. Wait for the main force to push the price up.
In the end, a small loss turns into a bigger loss, and a big loss turns into a deep drawdown.
Over the years of trading, I’ve come to feel more and more that technical analysis isn’t that hard.
Moving averages, indicators, support and resistance levels—if you spend time, you can learn them.
What’s truly difficult is: once the market proves you’re wrong, do you dare to admit it.
Many people aren’t unable to cut losses.
They just aren’t willing to admit they misjudged.
So the biggest enemy in trading is never the market.
It’s always wishful thinking.
The market won’t hold back just because you can’t bear to lose money.
If you don’t follow the rules, even the best techniques are just empty talk.
#Clarity法案9月15日程序性投票 #美国2年期国债收益率升至4.61%
