The world is big, and I am small. Follow me so it's easier to find. What do experts look for when analyzing the market? When shorting, they look for resistance at high points; when going long, they look for support at low points. For upward movements, they assess the strength of the pullback support; for downward movements, they assess the strength of the rebound resistance. A reversal must be strong, while a rebound is often weak. The hardest part of trading is not entering or exiting a position, but holding onto it. When you're making a profit, you can't hold on, and when you're at a loss, you start to overthink. During the holding process, your fears and greed will repeatedly influence you, ultimately leading you to make wrong judgments under the sway of your emotions. Therefore, the first step in trading is to conquer your own emotions. When you feel that trading is certain, you are trading randomly. When you find that trading has certainty, you have found your pattern, and when you realize that trading has no absolutes, you start considering probabilities, risk drawdown, and stable account growth. At this point, you are a professional and can trade for a lifetime.
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RenCaiDragonElephant
· 09-24 11:37
Steadfast HODL💎
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LiuChuxuanOfSuishanS
· 09-23 05:49
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The world is big, and I am small. Follow me so it's easier to find.
What do experts look for when analyzing the market? When shorting, they look for resistance at high points; when going long, they look for support at low points. For upward movements, they assess the strength of the pullback support; for downward movements, they assess the strength of the rebound resistance. A reversal must be strong, while a rebound is often weak.
The hardest part of trading is not entering or exiting a position, but holding onto it. When you're making a profit, you can't hold on, and when you're at a loss, you start to overthink. During the holding process, your fears and greed will repeatedly influence you, ultimately leading you to make wrong judgments under the sway of your emotions. Therefore, the first step in trading is to conquer your own emotions.
When you feel that trading is certain, you are trading randomly. When you find that trading has certainty, you have found your pattern, and when you realize that trading has no absolutes, you start considering probabilities, risk drawdown, and stable account growth. At this point, you are a professional and can trade for a lifetime.