On the way to becoming a professional trading master, I think every novice must go through 6 thresholds:
First: theoretical study, basic analysis, technical analysis, trading mentality control, etc., Dow Theory, Wave Theory, Gann Theory, etc. These theories may not be useful to everyone, but you must understand at least some of them.
Second: Practical combat, you may know many indicators and a lot of analysis, but the most important thing is that you must combine theory with practical combat, because analysis and trading are two different things.
Third: Be patient, stay calm, and understand the importance of patience and calmness. You are like a sniper. There are not many real opportunities in front of you. You must know how to seize the best opportunity you can.
Fourth: Be rational and remember that the market is always right! When the market develops in a direction beyond your expectation, can you curb your doubts about yourself and decisively close your position? 90% of people go crazy and resist orders at the wrong time, and end up going bankrupt.
Fifth: Make independent judgments. Your own money is under your own control. You are your own God! You are your own God! Your real decision must be made by yourself, and you must have your own point of view! Otherwise you will never make a profit
Sixth: Be strong and don’t fight to be first. Victory or defeat is a common occurrence for military strategists. If you stay in the market for a long time, you will naturally have losses and wins. Let me ask you, will you be devastated by a huge loss? If you can, you lose! This market belongs to the strong. If you cannot face losses with strength, please leave immediately!
Finally, I have always believed that the financial market, especially the currency circle, is far more dangerous than other industries. Therefore, if you just come with a playful attitude and laugh when you win and cry when you lose, then please leave immediately. There will be many industries that will The currency circle is more suitable for you!
