Some practical insights from years of trading experience, for reference
First, trading ability must be either cultivated through long-term practice or continuously improved through systematic learning, but the core always remains the development of independent judgment.
Second, risk control must be placed first. The defense level for long positions should be set below key support, and for short positions above key resistance. Only in this way can the defense truly be meaningful.
Third, reasonable position management is often more important than entry and exit. Controlling individual trade risk helps form a long-term rhythm of "small losses are controllable, and profits are amplified."
Fourth, emotional management is the most easily overlooked aspect of trading. Minimize emotional operations to avoid consecutive mistakes caused by impatience, panic, or greed.
Fifth, entering the market is important, but the exit determines the outcome. Clarify the exit logic and strictly follow the plan to ensure each trade has a complete closed loop.
Trading is not achieved overnight; avoiding detours and steadily making progress will take you further. #ETC #BTC #巨鲸动向
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
Some practical insights from years of trading experience, for reference
First, trading ability must be either cultivated through long-term practice or continuously improved through systematic learning, but the core always remains the development of independent judgment.
Second, risk control must be placed first. The defense level for long positions should be set below key support, and for short positions above key resistance. Only in this way can the defense truly be meaningful.
Third, reasonable position management is often more important than entry and exit. Controlling individual trade risk helps form a long-term rhythm of "small losses are controllable, and profits are amplified."
Fourth, emotional management is the most easily overlooked aspect of trading. Minimize emotional operations to avoid consecutive mistakes caused by impatience, panic, or greed.
Fifth, entering the market is important, but the exit determines the outcome. Clarify the exit logic and strictly follow the plan to ensure each trade has a complete closed loop.
Trading is not achieved overnight; avoiding detours and steadily making progress will take you further.
#ETC #BTC #巨鲸动向