If you keep losing money trading, you’re most likely still a novice. If you’ve been at it for years and still keep losing, then you clearly haven’t developed a trading system;
If you have a trading system but are still losing, then you clearly lack trading discipline;
If you can even stick to your discipline but still can’t protect your account, then there must be a serious problem with your position sizing. One oversized position can wipe out all the discipline you’ve shown up to that point!
Financial trading is like a bucket holding water. Your trading system, trading discipline, and position sizing are the bucket’s three boards. Whichever one is the weak link is where your money will leak out!
Without a system, every trade is just a gamble. Even if you guess right every time, money made through luck will eventually be lost through incompetence;
Without discipline, you waste your life repeatedly doing things you know you shouldn’t, and you’ll keep getting hurt. Without position sizing, you’re walking a tightrope—you have no way to know how much you could lose when you make a mistake, and one misstep could haunt you forever!
Everyone I know who makes a living from trading has no weak links in their system, discipline, or position sizing. That’s how they achieve consistency!
Only by being consistent can you go far and make the snowball grow bigger and bigger. Everyone is chasing consistent profits, but 90% of people don’t realize that a stable account can only come from consistent execution!#交易训练
If you have a trading system but are still losing, then you clearly lack trading discipline;
If you can even stick to your discipline but still can’t protect your account, then there must be a serious problem with your position sizing. One oversized position can wipe out all the discipline you’ve shown up to that point!
Financial trading is like a bucket holding water. Your trading system, trading discipline, and position sizing are the bucket’s three boards. Whichever one is the weak link is where your money will leak out!
Without a system, every trade is just a gamble. Even if you guess right every time, money made through luck will eventually be lost through incompetence;
Without discipline, you waste your life repeatedly doing things you know you shouldn’t, and you’ll keep getting hurt. Without position sizing, you’re walking a tightrope—you have no way to know how much you could lose when you make a mistake, and one misstep could haunt you forever!
Everyone I know who makes a living from trading has no weak links in their system, discipline, or position sizing. That’s how they achieve consistency!
Only by being consistent can you go far and make the snowball grow bigger and bigger. Everyone is chasing consistent profits, but 90% of people don’t realize that a stable account can only come from consistent execution!#交易训练
