The market is a very magical market, it can bring huge wealth to people, but most of the time it brings joys and sorrows to people, and leave the market with a liquidation. Today, let’s talk about the secrets of successful market veterans.
Solving the following three problems is basically not far from stable profitability.
1. What can ultimately make investors continue to be profitable?
2. How can I increase the profit-loss ratio in investment?
3. What's the trick for small funds to quickly turn over positions?
There is only one way to solve these problems, which is to establish your own mature trading system and increase the success rate of the system to more than 70%, then the consecutive losses can be controlled within 5 times, and the profit-loss ratio of the system is set to 3. :1 or even larger, then you can achieve the goal of stable wins in every 10 transactions through specific fund management methods.
If you want to make a profit in trading, you must have a deep knowledge and understanding of your own trading system, and you must firmly believe in your own trading system. Having a correct way of thinking and a good trading attitude are the prerequisites for successful investment.
The investment market has confirmed countless times that 80% of people are losing money, and no one can change the natural law of the investment world, because this is the eternal iron law of the investment world.
This is not to say how mysterious and difficult the market is, but because most people have an irresistible nature. He suspects that his trading system, it is this fatal nature that ultimately leads to the failure of investment, and trust the system But it is precisely the most important part of the transaction. Only by trusting your own trading system can you find the key to the heaven of wealth and open the door to wealth.
The whole secret of successful trading: it lies in consistently sticking to your own trading system
Investment success depends not on how powerful and excellent your tools are, but on whether you can make good use of your trading tools. On the road to the dream of wealth, the most effective strategy is to focus on and adhere to a good trading system. Focus and persistence can produce incredible power. When you can truly do this, you can create miracles that you can't believe in yourself.
Successful traders have a firm belief, that is, he firmly believes that insisting on using a successful trading system is the only choice for small people to achieve big business, and doubting their own trading system is the beginning of investment destruction. Every successful investor has a unique quality, which is to have the right way of thinking, rigorous trading attitude, strong self-confidence, decisiveness and the spirit of never giving up in the face of failure, even in the most difficult system At the time, they can also fully follow the system to trade, because they know that success is to have a big vision, overcome short-sighted weaknesses of human nature, and have the patience and confidence to adhere to a fixed profit model.
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With the abundance of free time the pandemic has given me, I decided to check out trading. I started with fiat currency trading but ultimately ended up into currency trading. Once I started to understand the interface and all the buttons of a trading platform my first reaction was "Cool. Its basically legalized gambling."
I don't say that in a derogatory sense. Basically you got your slot players that get wrapped up in all the pretty colors. Hitting buttons hoping that money comes out. Then you have the casual blackjack and poker players. They understand that the choices that are made have an impact on how much money you win or lose. These people typically get wrapped up "buy this strategy and win every time books" or spend all day watching World Poker Stars all day thinking they know how to beat the system.
Then there is the rare breed that spend their lives constantly learning and improving themselves. Constantly auditing themselves and their bankroll. Learning how to check their emotions in check. I've known several people that make their living sitting in the back of a poker room waiting for people with a lot of money and no clue what they are doing to enter the game. The pros can see the hotshots with their winning systems they saw on TV coming a mile away.
Trading is the same thing minus the free drinks and the cloud of cheap cigar smoke.
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