MKR
Eight skills of a master trader
If you can master yourself, you will benefit from it for life.
1. Have its own trading system.
2. Will choose the direction based on the general trend.
3. Know how to study the “value” of mainstream hot topics.
4. Have solid basic technical skills.
5. Know how to be flexible and increase or decrease positions according to the situation.
6. Understand risk management.
7. Rational trading mentality.
8. Keep learning.
The easiest way to identify a trend or a shock is to run a trend tracking system. If you are losing money during this period, it is a shock. If you are making money, it is a trend.
Shocks and trends go hand in hand. At the same time level, when a trend ends, it becomes a shock, and when a shock ends, it becomes a trend.
At different time levels, there are small trends within big shocks, and there are small shocks within big trends.
