In the vast sea of ​​​​people, acquaintance means fate, but the currency path is difficult. With a grateful heart, I hope that the words will become warm, and I will ride the wind and waves with you and set sail on the sea of ​​coins. Dear currency friends, in this market, there is no shortage of teachers and analysis. What is lacking is people who can really help everyone solve problems! Two people have more solutions than one person. If you have been losing money, if you are still confused, if you are still looking for teachers in the market, if you are still thinking about You are troubled by not being able to make money, so what are you still hesitating about? Strength creates classics, and success is no accident. Chapter 9: Regarding the issue of eliminating order locking operations: First, ask friends who have experienced order locking, under what circumstances would you lock orders? Is it because you can't bear it anymore psychologically and if you don't take measures, you will suffer a big loss and your position will be liquidated? I believe that this kind of result accounts for 90%, and the remaining 10% is that you can't stand even a small loss. , everything is a soldier, as long as you don't make money after placing an order, you will immediately do it in the opposite direction. Let’s talk about the results first. Let’s talk about the former first. If the order is locked, it will definitely face unlocking. How to solve it? It must be that you want to sell one party's order at a certain support or resistance level, and then keep one party. Can you hold the remaining orders in this direction? It's almost impossible to hold them. Why? Because your position itself is very heavy. You locked the order when your position was very heavy, your losses were already huge, and you couldn't bear it mentally. So even if it is solved, even if you know that it is very likely that the market will move in the direction of the order you hold, you will not be able to bear it even if the market moves a little bit in the opposite direction. In the end, you may close all the remaining orders in panic. Since the market has moved in the opposite direction for a short period of time after the lock is unlocked, and the positions are heavy, you will lose more after you close all your positions. Let’s think about this process carefully. Let’s talk about the 10% result, which has been carefully analyzed in the previous chapter. All traders need to do is to place an order at a position with strong expectations such as an absolute loss position, and either make a profit or a small loss. Otherwise, after placing the order, if you encounter some bow damage and lock it, then unlock it, and then lock it again if you can't stand the small fluctuations, then what's the point of placing the order? You won't be able to suffer a small loss at all. If you can't pay, how can you seize big profit opportunities?Moreover, the entry position is already near the loss position and the absolute loss position. The expectation of the position is already very strong, and the position is already light. It has reached this level, so just let it go as it goes. Therefore, the antecedents and outcome of locking orders are like this. It can only bring self-comfort, but it will most likely not change the outcome of losses. Chapter 10: The serious consequences of constantly changing stop loss levels: In the past, there was a method of catching turkeys in North America: the hunter placed a cage in the wilderness, rolled up the door of the cage, and then paved the road with corn. Let the turkey run along the road paved with corn into the cage. There should be more corn in the cage, so that the turkeys will not run out immediately after entering the cage. Once enough turkeys have entered the cage, the hunter will trigger the mechanism and lower the cage door, so that many turkeys will be put in the cage. Inside. I believe the following true story can also bring some inspiration to everyone. One day, a hunter went to check his cage in the morning and found that there were 12 turkeys in the cage. Before he lowered the cage door, one turkey slipped out of the cage. The hunter thought to himself: "I am a little slow, let me wait." , to see if the turkey would automatically run back into the cage. While he was waiting for the turkey to return to the cage, two more turkeys ran out. He secretly blamed himself, "The 11 turkeys just now ran out." The chickens are already very good, how could I let two more escape?" Then the hunter thought to himself: "Now as long as one of the three turkeys that went out comes back, I will close the door. "Soon, three more turkeys left the cage without any hindrance, and then three more turkeys ran away. Until finally, when only the last turkey was left in the cage, the hunter panicked, and his heart I was struggling: "Either I don't want any of them, but if one comes back to the cage, I will close the cage and take 2 turkeys home." In the end the hunter returned empty-handed. Friends with certain trading experience will laugh when they read this story, because they are very familiar with this psychological process, and everyone who trades will go through this psychological process. For example, if you place a long order when Bitcoin reaches 8,000 points, and set the stop loss level at 7,800 points, but when the market drops to 7,800 points, do you want to wait any longer, or the price may rebound immediately? But when the market drops to 7700 points again, will you pat yourself on the head and say that you really should have followed the rules just now? Then the market will rebound a few points weakly, and you will tell yourself that you will definitely leave when it reaches 7800 points. But now that the price has dropped to 7600 points, what are you going to do? Are you at your wits end?At this time, will you be fierce and say that I will try my best this time, but I will not leave, and I will see where you will fall. Of course, the final result is usually that there is another friend in the market who pays a lot of "tuition fees". When the originally set stop loss price is in place, the stop loss should be strictly implemented. After entering the market, it is very unwise to constantly change the stop loss position. When funds permit, you may be able to escape by not executing stop loss in many cases, but if you develop such a bad habit, if there is a market that will never come back, just one time is enough to erode the market. All the profits you have earned through hard work; and more importantly, when you constantly change your stop loss position, what you lose is the objective psychology and opportunity to re-enter the market. The philosophical principle of profit prevents them from accepting small losses in the system, nor can they enjoy the shock of large profits. In trading, loss is just the cost and price that traders must pay in order to achieve final victory. It is as natural as human breathing. However, after experiencing several consecutive losses, many traders often give up an excellent trading system because of fear of the unpredictable future. A successful trader must develop the understanding and mentality to deal with losses correctly. Only when you properly understand the significance of losses in the entire trading system can you perform current operations in a stress-free state of mind. Unless you can accept losses from a trading philosophy, you will never become a profitable trader. In order to pursue overall profits, you must accept temporary losses. What we do is just a probability. All the above weird trading behaviors are due to investors' unclear trading concepts and human weaknesses in trading that need to be corrected. The initial stage of the trading market tests diligence and skills, the middle stage tests wisdom and mentality, and the high stage tests human nature and morality. Only when you know how to wash away distracting thoughts, calm your mind, and overcome all human weaknesses can you gain a profitable career ticket. The most fundamental reason why most people lose money is that they have not passed two levels: the first level is that they do not understand that the basis of trend selection is against all human nature. As long as you are human, you will have problems in front of the market; The second level is that you don’t really understand yourself, you love money and you are arrogant, and you fly into the flames like a moth.Entering the high-level is only the starting point for profit, because it only means that the person has found the right direction and is considered successful. Next, how to effectively practice and control is an eternal issue for masters to compete with each other. The next article will introduce "The Correct Trading Concept of Digital Currency" Chapter 11 "Don't Let Profit Turn into Loss" and Chapter 12 "Just Wait for Your Own Market". If you are familiar with K-line patterns and various main charts Indicators, attached chart indicators, on your investment journey, every decision you make is very important, and can even change the trajectory of your success and determine the success of your life. The kind of people you stay with will determine the kind of life you will have. When you are with diligent people, you will not be lazy; when you are with positive people, you will not be depressed; when you are with wise people, you will be extraordinary; when you are with experts, you can reach the top. The same is true for investment and financial management