To be honest, after spending a long time in this market, I’ve seen all kinds of people. Some come in with a few thousand U and lose it all in half a month. Others struggle for years, until their nerves are almost completely worn down.
But one guy I mentored last year really left a deep impression on me.
When he first entered the market, he had only 900U and couldn’t even make sense of the most basic candlestick chart. When people hear how little he started with, their first reaction is always: How could anyone make it with that kind of money?
But he had one rare quality: he didn’t act recklessly.$SYN
After three months, he’d grown his account to over 50,000U. Now it’s steadily above 80,000U. Some people say he just got lucky with the market, but I know what really brought him this far wasn’t luck—it was three habits.
First, he always keeps his funds separate.
One portion is for short-term trades, and he only takes opportunities he understands. Another is for trend trading, waiting for a truly major move. He keeps the rest in reserve and never touches it unless a key level is reached.
Second, he doesn’t trade without a signal.$STX
He used to chase hot trends too, getting anxious whenever he saw other people making money. But over time, he realized that although the market goes up and down every day, there aren’t worthwhile opportunities to trade every day. If he doesn’t understand what’s happening, he waits. If the direction isn’t confirmed, he stays out of the market.
Third, he handles both profits and losses according to his rules.
If the price hits his predetermined loss level, he exits. When it reaches his target, he takes profits in stages. And once his account grew, he started taking some of the profits out.
Chasing rising prices, adding to losing positions, and stubbornly holding on all come down to the same problem:
They turn trading into an outlet for emotions.
The people who last in this market aren’t right every time. When they’re wrong, they know how to keep their losses contained.#Strategy市值排名上升
But one guy I mentored last year really left a deep impression on me.
When he first entered the market, he had only 900U and couldn’t even make sense of the most basic candlestick chart. When people hear how little he started with, their first reaction is always: How could anyone make it with that kind of money?
But he had one rare quality: he didn’t act recklessly.$SYN
After three months, he’d grown his account to over 50,000U. Now it’s steadily above 80,000U. Some people say he just got lucky with the market, but I know what really brought him this far wasn’t luck—it was three habits.
First, he always keeps his funds separate.
One portion is for short-term trades, and he only takes opportunities he understands. Another is for trend trading, waiting for a truly major move. He keeps the rest in reserve and never touches it unless a key level is reached.
Second, he doesn’t trade without a signal.$STX
He used to chase hot trends too, getting anxious whenever he saw other people making money. But over time, he realized that although the market goes up and down every day, there aren’t worthwhile opportunities to trade every day. If he doesn’t understand what’s happening, he waits. If the direction isn’t confirmed, he stays out of the market.
Third, he handles both profits and losses according to his rules.
If the price hits his predetermined loss level, he exits. When it reaches his target, he takes profits in stages. And once his account grew, he started taking some of the profits out.
Chasing rising prices, adding to losing positions, and stubbornly holding on all come down to the same problem:
They turn trading into an outlet for emotions.
The people who last in this market aren’t right every time. When they’re wrong, they know how to keep their losses contained.#Strategy市值排名上升
