Recently, I have gained a profound understanding of the essence of trading.
The more eager you are to make money, the easier you are to lose money.
What we need to do is "wait for opportunities" rather than "make big money."
When the market is not volatile, blindly trading is a dead end.
When I was still a small rookie, I always focused on the 1-minute K-line to place trades.
The result was continuous losses.
What you should do is judge the overall direction from higher timeframes and then determine entry points from lower timeframes.
Then, the rest is strict stop-loss/protection of capital.
Never avoid stop-loss out of greed; think of stop-loss as the cost of trading.
9000-37000U
Keep working hard.
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Recently, I have gained a profound understanding of the essence of trading.
The more eager you are to make money, the easier you are to lose money.
What we need to do is "wait for opportunities" rather than "make big money."
When the market is not volatile, blindly trading is a dead end.
When I was still a small rookie, I always focused on the 1-minute K-line to place trades.
The result was continuous losses.
What you should do is judge the overall direction from higher timeframes and then determine entry points from lower timeframes.
Then, the rest is strict stop-loss/protection of capital.
Never avoid stop-loss out of greed; think of stop-loss as the cost of trading.
9000-37000U
Keep working hard.