Whether it is spot or contract, execution is one of the important factors that affect making money.

1. It’s meaningless if you see it right but can’t do it well.

2. If you do it right but don’t make a profit, then it’s a waste of effort.

3. It’s painful to make a profit but run away too early.

4. The originally agreed stop loss turned into a hold order, which is heartbreaking.

Chives, check yourself, which one have you experienced? No need to recall, I will tell you. If you are an old chive, then you must have experienced all of the above four.

To sum up, there is only one reason: your execution ability is not enough.

Directly on the dry goods:

First, keep in mind the key element - plan. Plan is the premise of trading, and execution is the process of planning. Review is the summary of the plan. You must complete the planned transaction (unless the market does not give you the opportunity). New leeks do not understand what a plan is. It is uncomfortable to chase the rise and fall and be short, and you must go all in. But what about you as an old leeks? You all make plans when you trade, right? But very few people really execute the plan. A group of financial market big data questionnaire reports show that in 10 consecutive transactions, only 20% of investors strictly implement their trading plans. In 20 consecutive transactions, less than 5% of investors strictly implement their trading plans. That is to say, as the number of transactions increases, your mentality will change. Regardless of profit or loss, your mentality will change from excitement to frustration. This change in mentality makes it impossible for you to stick to your trading plan. Due to your mentality, has your direction changed? Position changed? Stop profit changed? Stop loss changed?

Second, remember the key element - the plan. Every minute of every day, there are people who are bullish and bearish in the market. This is the counterparty of the market transaction. When you analyze the market based on MACD/KDJ/MA moving average/volume and other technical indicators, when you think you are bullish and before you choose to go long, set a plan for yourself. Take profits in batches according to the increase, and stop losses in stages according to the decrease. After specifying the plan, just treat yourself as an emotionless robot. In addition to greed, another characteristic of human nature is unwillingness to admit that you are wrong. Don't leave when the order is profitable (greed). The basic direction of the market has changed, but you don't want to stop loss (unwilling to admit defeat). Well, the market will teach you a clear lesson. You have turned losses into profits 99 times, but only once you hold on to the order and fail in the end, resulting in a liquidation, then your previous 99 profits and your principal will be wiped out.

Third, remember the key factor - follow the trend. For example, when you are shorting, you find that the trend is rising and breaking through the resistance level. Please don't resist, don't use your own money to prove that your short position is correct, okay? Wouldn't it be better to just take a loss and go long? At the very least, you have to lock in your position and open a long order to hedge the loss of your short position, right?

Fourth, remember the key element - forget the price. You have to forget the price when you closed the position. For example, for a certain coin, you bought it at 18.8 for the first time and got off at 21.5. Now it is 23.3. If you don't forget your closing price, you always want to wait until it falls back to 21.5 before getting on the bus, otherwise you will lose a lot of money. Then you keep waiting foolishly, and you keep seeing it fly to 33. You can't help it and rush in. Then you will find that the air on the top of the mountain is fresh, but a little cold. This is a typical anchoring psychology, so we must learn to forget the price and only refer to technical indicators and market trends to act, regardless of the specific price of the coin.

Let me tell you a little trick. Click the little eye next to your asset valuation, and you will block out all profit and loss figures and even principal figures. Don't let the numbers affect your mentality.