Many people ask me: if I’m clearly looking in the right direction, why does my account still end up losing? In fact, the problem is often not the direction—it’s the rhythm. You think opening a position is just the beginning, but what truly determines the outcome of a trade is what you do after entering: how you hold it, what you do when you’re wrong, and when you should keep going versus when you should stop.
Look back at those losing trades. Do you often see situations like this: your directional judgment is correct, but your stop-loss is set too close, and just after you get stopped out, the price immediately rebounds; after it rises a little, you’re afraid of giving back profits, so you close too quickly; when it dips a bit, you start panicking, then you flip and short—only for the market to move upward again. After going back and forth a few times, your account ends up being worn down by your own actions.
I used to like studying all kinds of indicators, drawing candlestick charts, and listening to news. I thought the more you understand, the easier it is to make money. But later I realized that technical analysis is useful, of course—it just can’t solve execution problems. $ZETA
Now I care more about rhythm. If the conditions are met, I trade; if not, I wait. When I can’t read the market, I’d rather stay in cash than force trades just to prove that my judgment is right. Many times, doing one fewer trade is more important than making several more.
The real difficulty isn’t finding a direction—it’s whether, once a direction appears, you can hold it according to your plan. And after the market turns against you, can you admit you were wrong? That’s what’s hardest to train in trading: dare to enter when you should, be able to wait when you should, and exit without dragging.
In the past, losing money happened because I always wanted to prove that I was right. Now what I care about is executing every trade well. Direction is just the starting point—rhythm and discipline are what determine how far you can go. #南非拟将加密纳入外汇管制
Look back at those losing trades. Do you often see situations like this: your directional judgment is correct, but your stop-loss is set too close, and just after you get stopped out, the price immediately rebounds; after it rises a little, you’re afraid of giving back profits, so you close too quickly; when it dips a bit, you start panicking, then you flip and short—only for the market to move upward again. After going back and forth a few times, your account ends up being worn down by your own actions.
I used to like studying all kinds of indicators, drawing candlestick charts, and listening to news. I thought the more you understand, the easier it is to make money. But later I realized that technical analysis is useful, of course—it just can’t solve execution problems. $ZETA
Now I care more about rhythm. If the conditions are met, I trade; if not, I wait. When I can’t read the market, I’d rather stay in cash than force trades just to prove that my judgment is right. Many times, doing one fewer trade is more important than making several more.
The real difficulty isn’t finding a direction—it’s whether, once a direction appears, you can hold it according to your plan. And after the market turns against you, can you admit you were wrong? That’s what’s hardest to train in trading: dare to enter when you should, be able to wait when you should, and exit without dragging.
In the past, losing money happened because I always wanted to prove that I was right. Now what I care about is executing every trade well. Direction is just the starting point—rhythm and discipline are what determine how far you can go. #南非拟将加密纳入外汇管制
