Real traders actually only care about two things:
First, if I buy in and later find that my judgment is correct, how can I continue to make money;
Second, if I buy in but find that my judgment is wrong, how should I reduce losses.
No one can predict future market changes, but traders have a magic weapon, that is, the trading rules they adhere to. This rule is like a compass, helping them find their way in this game full of uncertainty.
Profits are not obtained by guessing the rise and fall of the market every time, but by "losing less when you make mistakes and making more money when you make them right". This is the biggest difference between real traders and those who can only analyze.
You are in the currency circle not to lose money, but to make money, and the more you make, the better. When the market trend is in your favor, you should seize the opportunity to make more money; but once you find that the market is not in your favor, you must stop decisively, don't hold unrealistic fantasies, and quickly reduce losses.
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