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Don't remind me again today

Many fans only want accurate answers on whether to rise or fall, but true trading is not like that. It can only make vague predictions through trends, experience, and so on. However, prediction is not the key to victory; the key lies in how to respond.



How to respond if the prediction is correct, and how to respond if the prediction is incorrect? Everyone has subjective consciousness, which inevitably leads to predictions during judgments. Due to luck or experience, you may very well make a correct prediction, but if your response is inadequate, you might not earn the profits you should have. However, if you make an incorrect prediction and your response is also lacking, then zeroing out will be your outcome!

Therefore, the ability to respond to market conditions is more important than predicting them. Your predictions cannot always be correct, but your responses can continuously improve!

The coping strategy can be summarized in four sentences: "If you're right, hold on; don't make small profits; if you're wrong, cut losses; don't incur big losses."
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