20 years of experience; a sudden realization brings wealth from all directions.
Trading is to increase assets. Trading is a very boring thing. We must ensure that trading is executed with control. Every day, like eating, you cannot overeat; eating too much will make you uncomfortable. In what circumstances did you make money? Just replicate that in the future. Do not try to challenge human nature. The money you earn often comes from those who lose money by not following trading discipline. Risk control is mainly to prevent significant losses in extreme fluctuations. Trading discipline means that when you see a good point, you should not open a position until it reaches that point.
Every move must be made with great caution. Because once my principal is lost, it will be even more difficult to recover it. It's hard to grow from small to large; preserving the principal is the most important.
1000cheems shorted a wave yesterday and successfully took profits. vana entered long at 16.2, target looking at 19.3, currently has made 3 points. Yesterday's review summary, the order must have stop-loss and take-profit set from the beginning, enter with a light position for small stop-loss and large take-profit. One must wait for opportunities to trade; blindly entering will only result in the loss of principal.
Recently, things haven't been quite right; it's all small gains and big losses. I make a profit on 10 orders but lose it all, and the position remains unchanged at the same price.