Hello, everyone, I am trader Gege. Continuing from the previous article, before starting, let's talk about the essence of trading and how to develop your own trading system. The article is a bit long, but reading it patiently may be helpful to you.
The more you are like a normal person, the harder it is to become a qualified trader, because trading is never suitable for a normal person to do. This is because there are group rules in normal times. And the education that everyone has received from childhood to adulthood is basically based on these things, whether it is law or morality, ultimately it is to provide everyone with the safest living space.
Because these things are deterministic and tangible. So a normal person would think that living in this framework is the safest and most secure, but trading does not have certainty, trading only has probability, and this intangible probability will inevitably make people lose their sense of security, and without a sense of security, people will inevitably feel uncomfortable.
But once you feel uncomfortable, it will trigger various irrational behaviors in traders. The most typical one is to revenge the market with heavy positions, and the result is liquidation. Because this kind of behavior in the eyes of the market is nothing but incompetent barking. You have angered the market to half death, but the market has not paid any attention to you at all. It can be said that the longer you stay in this society, the more unnatural you become.
A lot of human thinking habits are based on a safety mode, but nature has always been a world full of crises, full of lies and manipulation. In this environment full of games, this thinking mode of safety is actually the most unsafe. So those failed traders, in the end, it's not because they did something wrong that led to failure, but it's because they have always been themselves that led to failure.
There are countless trading systems in this world, as many as there are traders. Because the first step in building a trading system is to completely match your own personality traits. And in this world, it is impossible for two people to have exactly the same personality traits, so other people's systems are destined to be unusable for you. For other people's systems, traders can only refer to them instead of copying them.
The more you understand yourself, the more you will know what kind of trading style you should adapt to. So that you can develop your own unique skills. You need to understand your own personality, that is, to understand the bias of your own personality. This bias refers to what kind of traits you belong to. For example, whether you are sensitive or dull, careful or impulsive, you must deeply understand what kind of person you are, because your trading style must match it.
For example, if your personality is more impulsive, usually carefree, but with a strong self-awareness, then you can determine your trading style to be between aggressive and active. So only doing data trends or explosive trends is more suitable for you. Because your impulsive nature will make you unable to tolerate long periods of dormancy, so explosive trends will make you feel most comfortable.
But this impulsive nature will inevitably make you unable to control yourself, always wanting to take action, so it requires you to be more precise in timing, otherwise you are playing with fire. You must stay away when the market volatility is low, and you absolutely cannot enter the market before seeing signs of an outbreak. This requires you to exercise more patience off the market, you need to suppress your personality flaws off the market, and these are the basic framework of your trading system that you need to pay attention to.
After that, you need to fill in this framework, such as how to improve accuracy, how to control the most appropriate position, how to judge the absolute stop-loss point, and a series of other issues. You don't need to exercise as much patience in the market as conservative or cautious traders, you just need to judge what to do after the outbreak occurs, overall, a mature trading system is formulated by trading style + trading skills + trading discipline. So clarifying the trading style is the first step, honing trading skills is the second step, and on this basis, defining rules and discipline for your trading system is the third step, completing these three steps, your trading system is basically formed.
Returning to the market part, the market's trends and predictions should still be referenced according to the previous thinking. Looking at the daily chart to see the repeated testing of the previous low and the support of the 60,000 integer level, it is in line with the previous thinking, so for now, it is still important to focus on this area. Once it breaks, still pay attention to the prices given in the previous article, I won't go into detail here. The halving is about to begin, and for short-term operations, it is still recommended to watch more and act less, wait for the opportunity before taking action, because frequent testing may be a trap, and patient waiting is the best choice. The market is always there, you need to know how to wait patiently. Today's article ends here, see you next time. For more real-time advice, find Gege for more information. Suggestions are for reference only, manage risk when entering the market, and determine profit and stop-loss areas on your own, specific strategies should be consulted during trading.
By/Trader Gege, a friend willing to accompany you to start over
Many individual investors are unable to enter the trading door, often simply because they lack a guide. The problems you ponder over may be easily solved by a word of advice from an experienced person. Daily real-time market analysis of currencies such as BTC, ETH, BCH, LTC, EOS, XRP, DOT, etc. is publicly available in the circle of friends, and there is also guidance in the experience exchange group, with 18 hours of online market analysis and operation guidance every day. Welcome to scan and add for real-time guidance. Note! The contact information below is not mine!
免责声明:本文章仅代表作者个人观点,不代表本平台的立场和观点。本文章仅供信息分享,不构成对任何人的任何投资建议。用户与作者之间的任何争议,与本平台无关。如网页中刊载的文章或图片涉及侵权,请提供相关的权利证明和身份证明发送邮件到support@aicoin.com,本平台相关工作人员将会进行核查。