#Crypto Market Rebounds Many traders believe that they need to constantly monitor the market, but in reality, real trading does not require constant control. Trading is often boring, with most of the time spent waiting. And most people end up disappointed with the market and themselves through this process, as trading itself is a level of hell, 99% of people in the market enter and exit emotionally, earn a little - withdraw, incur losses - hold positions, dream of getting rich quick overnight, this is not trading, losses are absolutely normal, only those who can survive in this market have the basis for trading, success in trading depends on the times when not trading. Trading according to a plan and system is designed to make our losses clear and rational. Profit depends on the system design and the ability to capitalize on opportunities. The system consists of quantitative and variable elements: the quantitative element determines losses, the variable - profit. True market control is actually a process of waiting for signals, a very mechanical process. You enter the market only when there is a signal from the market, other times are waiting. Successful trading consists of three stages: pre-trading, during trading, and post-trading. The pre-trading stage is planning, during trading - plan execution, post-trading - analysis. Many people focus on market fluctuations, ignoring planning and execution issues. Market monitoring is not observing fluctuations, it is observing changes, when the market changes, you have a new plan. Price and signal are directly related to trading, other things are not worth spending a lot of time on market monitoring. After a long trading period, you will find that technique can give us an advantage in probability, but to derive an advantage in probability, you need to have the strength to execute and react effectively to the market, that is the key to successful trading. The cryptocurrency market has its risks, investments require caution.
Fear the market, act accordingly to the circumstances.
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#Crypto Market Rebounds Many traders believe that they need to constantly monitor the market, but in reality, real trading does not require constant control. Trading is often boring, with most of the time spent waiting. And most people end up disappointed with the market and themselves through this process, as trading itself is a level of hell, 99% of people in the market enter and exit emotionally, earn a little - withdraw, incur losses - hold positions, dream of getting rich quick overnight, this is not trading, losses are absolutely normal, only those who can survive in this market have the basis for trading, success in trading depends on the times when not trading. Trading according to a plan and system is designed to make our losses clear and rational. Profit depends on the system design and the ability to capitalize on opportunities. The system consists of quantitative and variable elements: the quantitative element determines losses, the variable - profit. True market control is actually a process of waiting for signals, a very mechanical process. You enter the market only when there is a signal from the market, other times are waiting. Successful trading consists of three stages: pre-trading, during trading, and post-trading. The pre-trading stage is planning, during trading - plan execution, post-trading - analysis. Many people focus on market fluctuations, ignoring planning and execution issues. Market monitoring is not observing fluctuations, it is observing changes, when the market changes, you have a new plan. Price and signal are directly related to trading, other things are not worth spending a lot of time on market monitoring. After a long trading period, you will find that technique can give us an advantage in probability, but to derive an advantage in probability, you need to have the strength to execute and react effectively to the market, that is the key to successful trading. The cryptocurrency market has its risks, investments require caution.
Fear the market, act accordingly to the circumstances.