Are you still struggling with the Candlestick Chart every day? Then I have to tell you a heartbreaking truth – losing money often isn't because you're not working hard enough, but because the direction is completely wrong.
I used to be like this too. Watching the market for hours, studying a bunch of indicators, and joining various trading groups one after another. But what were the results for my account? Either small profits and big losses, or just when I saw a bit of profit, it would be quickly given back, just like riding a roller coaster.
Until one time, I completely broke down.
I started to review my past more than a hundred trades and found a frustrating truth—my losses are not due to technical issues, but because I am so greedy that I want to participate in every market condition. I chase after rising prices, grind through sideways markets, and want to buy the dip when I see a decline. When the market doesn't provide opportunities, I still insist on trading, which is simply suicidal.
Later, I only changed one thing, and this change completely turned around my trading career.
I decided to only take action in the market conditions with the highest win rate, keeping my position empty at all other times and waiting. Sounds simple? That's because 90% of people can't do it at all.
To implement this strategy, I have set three ironclad disciplines for myself:
If it doesn't conform to the structural patterns I am familiar with, I won't engage no matter how lively it gets. I will resolutely refrain from acting until I reach a time window where I feel most confident. When negative emotions arise and the thought of making a comeback surfaces, I must hold back my fingers.
Then something magical happened.
The less I trade, the more stable my account becomes. After I stopped placing orders every day, my win rate began to rise significantly. In the end, all 12 consecutive trades were profitable, but it wasn't because I suddenly became smarter; rather, I finally understood one principle – the essence of trading is not about who trades more frequently, but about who knows how to wait better.
What truly sets you apart is not how many indicators or techniques you master, but whether you have a set of trading rules that belong to you.
If you feel very tired, very stuck, and really want to turn the situation around, I want to share a saying with you: Learning how not to do things is more important than learning how to do them.
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FadCatcher
· 6h ago
Hi, have been staring at the market for hours and still losing? I’ve seen through it long ago, it’s just being impulsive, can’t control myself.
Less trading actually makes money, I believe that, but no one can really do it, haha.
That's right, patience is the key, but unfortunately, most people can't wait five minutes.
Twelve consecutive profitable trades? That’s just because I encountered the market conditions I’m most familiar with.
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faded_wojak.eth
· 7h ago
To be honest, I've heard this trap theory too many times, but less than one in ten can actually execute it.
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TestnetNomad
· 7h ago
It's heartbreaking to say, but I used to do the same, watching the market every day and ending up losing more and more.
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just_another_fish
· 7h ago
You are right, I used to be the fool who was part of the 90% that moved around aimlessly every day, and only now do I understand the principle that less is more.
Are you still struggling with the Candlestick Chart every day? Then I have to tell you a heartbreaking truth – losing money often isn't because you're not working hard enough, but because the direction is completely wrong.
I used to be like this too. Watching the market for hours, studying a bunch of indicators, and joining various trading groups one after another. But what were the results for my account? Either small profits and big losses, or just when I saw a bit of profit, it would be quickly given back, just like riding a roller coaster.
Until one time, I completely broke down.
I started to review my past more than a hundred trades and found a frustrating truth—my losses are not due to technical issues, but because I am so greedy that I want to participate in every market condition. I chase after rising prices, grind through sideways markets, and want to buy the dip when I see a decline. When the market doesn't provide opportunities, I still insist on trading, which is simply suicidal.
Later, I only changed one thing, and this change completely turned around my trading career.
I decided to only take action in the market conditions with the highest win rate, keeping my position empty at all other times and waiting. Sounds simple? That's because 90% of people can't do it at all.
To implement this strategy, I have set three ironclad disciplines for myself:
If it doesn't conform to the structural patterns I am familiar with, I won't engage no matter how lively it gets. I will resolutely refrain from acting until I reach a time window where I feel most confident. When negative emotions arise and the thought of making a comeback surfaces, I must hold back my fingers.
Then something magical happened.
The less I trade, the more stable my account becomes. After I stopped placing orders every day, my win rate began to rise significantly. In the end, all 12 consecutive trades were profitable, but it wasn't because I suddenly became smarter; rather, I finally understood one principle – the essence of trading is not about who trades more frequently, but about who knows how to wait better.
What truly sets you apart is not how many indicators or techniques you master, but whether you have a set of trading rules that belong to you.
If you feel very tired, very stuck, and really want to turn the situation around, I want to share a saying with you: Learning how not to do things is more important than learning how to do them.