"Uncertainty" is the norm in speculative trading.

1. Different Understanding of 'Uncertainty'
Many people are aware of the uncertainty in trading, but their understanding of this concept varies. I divide it into four categories:
Some people think that there is a secret to the market that can determine the trend, such as exclusive methods, various theories, market sentiment, technical analysis, etc.
Some people believe that they can determine the trend through personal strength, such as relying on the analysis of authoritative figures or the operation of futures star characters.
Some people think that they can determine a general direction through hard work, so they pay attention to authoritative reports and expert opinions.
Some people still believe that the trend is completely uncertain and unpredictable, and that the market price already contains all the information.
Which of these four understandings do you belong to?
Different understandings lead to different trading paths
If you believe in secrets, you may go looking for the 'Holy Grail', which makes you easily deceived, because there are always people who will tempt you with false methods.
If you rely on people who have made a lot of money, you may blindly follow them and lack independent thinking, which is very dangerous in leveraged trading.
If you think you can determine the general direction, then you may still be studying how to predict more accurately, but it will be difficult for you to establish your own trading system.
If you think the trend is completely uncertain, then you will focus on dealing with various possibilities, which is the key to building a trading system.
Three, the core of the trading system
Why can't some people establish a trading system? Because they believe that the future direction can be roughly determined, so they focus their energy on prediction instead of establishing a system to deal with uncertainty.
But the real master knows that the future price is uncontrollable, and all information has been reflected in the market price. They focus on dealing with future uncertainties and believe that "trend is king." They know that only by establishing a trading system can they better cope with market changes.
So, to truly embark on the path of systematic trading, you must recognize the uncertainty of trends and focus on building your own trading system. Only then can you go further in speculative trading. #2024 Gate.io 年度账单