The most painful stage in trading is holding the position.
Trading is a game, an invisible competition. Everyone comes to this market to make profits, but seeing too many long positions can be painful. Waiting for entry is agonizing, holding a position during fluctuations is nerve-wracking, and fighting against a wrong position is the most painful. Most long positions do not have unlimited margin, which means that holding a wrong position will inevitably result in getting liquidated. Starting with a small position, as the direction goes wrong, individuals keep conducting technical analysis, planting a seed of going against the trend in their minds. They start increasing the position, thinking that there will soon be a pullback, lowering the average price. They wait for the moment to break even, but as the trend continues, the floating loss becomes larger and larger. At this point, all so-called position management, stop loss, and holding the position are gone. They mindlessly increase the position until they get liquidated. Some people may have a certain level of rationality and hold the position without moving, waiting, and stubbornly holding on. But in the end, the results are not satisfactory. People who resist orders have several characteristics, restless, lifeless eyes, no passion for anything, eat while looking, work while looking, drive while looking, dare not sleep, the first thing after waking up is to open the phone, and extreme psychological pressure. The most painful stage in trading is this time, it is torment. In fact, Get Liquidated is a kind of relief, and we need to avoid the conflict between belief and desire. Finally, I would like to say a few words to everyone. Once the trading trend is formed, all we need to do is follow it. I hope everyone can hold on to the correct trend and stick to a long-term perspective. Be a long-term fren. Everyone has difficult times, as long as you get through it, you will find that those things that almost took your life are actually here to fulfill you. Without experiencing hardships, you cannot appreciate success. The joy of hard work. Life is full of flavors! No one has it easy! Even if it's hard, you have to endure it! After enduring it, you will be reborn. When you have endured all the hardships, you will encounter all the sweetness. Please believe that everything will get better!
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The most painful stage in trading is holding the position.
Trading is a game, an invisible competition. Everyone comes to this market to make profits, but seeing too many long positions can be painful. Waiting for entry is agonizing, holding a position during fluctuations is nerve-wracking, and fighting against a wrong position is the most painful. Most long positions do not have unlimited margin, which means that holding a wrong position will inevitably result in getting liquidated. Starting with a small position, as the direction goes wrong, individuals keep conducting technical analysis, planting a seed of going against the trend in their minds. They start increasing the position, thinking that there will soon be a pullback, lowering the average price. They wait for the moment to break even, but as the trend continues, the floating loss becomes larger and larger. At this point, all so-called position management, stop loss, and holding the position are gone. They mindlessly increase the position until they get liquidated. Some people may have a certain level of rationality and hold the position without moving, waiting, and stubbornly holding on. But in the end, the results are not satisfactory.
People who resist orders have several characteristics, restless, lifeless eyes, no passion for anything, eat while looking, work while looking, drive while looking, dare not sleep, the first thing after waking up is to open the phone, and extreme psychological pressure. The most painful stage in trading is this time, it is torment. In fact, Get Liquidated is a kind of relief, and we need to avoid the conflict between belief and desire.
Finally, I would like to say a few words to everyone. Once the trading trend is formed, all we need to do is follow it. I hope everyone can hold on to the correct trend and stick to a long-term perspective. Be a long-term fren.
Everyone has difficult times, as long as you get through it, you will find that those things that almost took your life are actually here to fulfill you. Without experiencing hardships, you cannot appreciate success.
The joy of hard work. Life is full of flavors! No one has it easy! Even if it's hard, you have to endure it! After enduring it, you will be reborn. When you have endured all the hardships, you will encounter all the sweetness. Please believe that everything will get better!