The reason trading goes against human instincts is that the good habits that work in our everyday lives tend to lose money in the market instead.



Ordinary people think pretty simply: if you lose, you just hold on, waiting to get back to even before you leave—that’s called persistence in life; if you make a little profit, you sell it off quickly and drop it in your pocket—that’s called prudence in life.

But when it comes to trading, these two things are exactly wrong: closing profitable orders early, while holding on stubbornly to losing ones—doing that will only make your account lose more and more.

The market doesn’t care about the human情 and reason people use in everyday life; it only looks at probabilities and the profit-and-loss ratio. The more you try to make sure every single trade is profitable with no losses, and chase 100% certainty, the easier it is to fall into the traps the market has dug for you.
$BTC #Circle将推出cirBTC
BTC-0,43%
View Original
post-image
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.
  • Reward
  • Comment
  • Repost
  • Share
Comment
Add a comment
Add a comment
No comments
  • Pin