Three bad habits to avoid in trading #Gate广场新手村第六期 , each of which could lead to your downfall.
The first is holding onto positions. This is a critical moment for traders; no matter how good the skills are, if one cannot change this habit, years of accumulation can be wiped out in an instant. Small losses are not scary; what is frightening is the unwillingness to cut losses, leading to significant losses. Secondly, high-frequency trading. There are not many truly worthwhile opportunities in the market; frequent operations in unsuitable market conditions will only accumulate small losses into significant ones. Those who can control their trading frequency have already surpassed 95% of participants. Thirdly, over-monitoring the market. Once you have set your stop-loss, market fluctuations are already within expectations. Watching too closely will only disrupt your mindset and lead to emotional trading. Relax and give the market some time; often, unexpected gains will come. Eliminating these three points will make your trading much easier and bring you closer to stable profits. Less is more, and slow is fast.
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Three bad habits to avoid in trading #Gate广场新手村第六期 , each of which could lead to your downfall.
The first is holding onto positions. This is a critical moment for traders; no matter how good the skills are, if one cannot change this habit, years of accumulation can be wiped out in an instant. Small losses are not scary; what is frightening is the unwillingness to cut losses, leading to significant losses.
Secondly, high-frequency trading. There are not many truly worthwhile opportunities in the market; frequent operations in unsuitable market conditions will only accumulate small losses into significant ones. Those who can control their trading frequency have already surpassed 95% of participants.
Thirdly, over-monitoring the market. Once you have set your stop-loss, market fluctuations are already within expectations. Watching too closely will only disrupt your mindset and lead to emotional trading. Relax and give the market some time; often, unexpected gains will come.
Eliminating these three points will make your trading much easier and bring you closer to stable profits. Less is more, and slow is fast.