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crypto world trading insights
Act with the trend and against the trend is wrong. Once a trend is formed, it is difficult to change in the short term.
Using a light position as correct and a heavy position as incorrect; a position affects attitude, and attitude influences decision-making.
Take contentment as right and greed as wrong. Greed is the enemy, while contentment brings lasting happiness.
Taking stop-loss to protect profits is right, while letting things take their course is wrong - preserving capital comes first, making money comes second.
Objective operations are correct, while subjective analyses are wrong. Objective operations follow the rules.
Waiting and patience are right, while impetuosity and impulsiveness are wrong. Cultivate patience, and only act at the right time.
Profiting is the correct direction, while being trapped is the wrong direction; increasing positions with profits is right, while averaging down with losses is wrong.
To respond with calmness and composure is right, while being troubled by gains and losses is wrong. The essence of trading is the clash of human nature and mindset.
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