Trade Made Simple:


The most important aspects of trading are actually cognition and mindset. With the right thinking patterns and mental frameworks, achieving a unity of knowledge and action often leads to good profits.
But simply the four words "unity of knowledge and action", I believe most people in the market cannot achieve (the 2+98 law).

In summary, it is the 11 common mistakes that most traders make during the trading process and the 9 key characteristics of successful traders.
Common mistakes made before trading:
1️⃣Emotional Trading
2️⃣No trading standard (signal)
The trading system is too complex (which can easily cause signal confusion)
4️⃣Lack of patience
5️⃣ Viewing the market negatively and pessimistically (believing the market is manipulated)
Common mistakes made in trading:
1️⃣ Habitually burying one's head in the sand (not addressing situations that do not meet expectations)
2️⃣ There is a huge conflict and resistance within (too many thoughts, deviating from one's own system)
3️⃣Living in one's own fantasy (disrespecting facts)
Common mistakes after trading:
1️⃣Shirking responsibility
Poor stress resistance
3️⃣No risk awareness
How many did you get? Many people may not have a complete system that suits them at all and are simply running naked.
9 Characteristics of Successful Traders:
1️⃣ Personal life balance and self-discipline
2️⃣ has a positive attitude
3️⃣ Be responsible for your own trading results
4️⃣ No personality conflict
Master a set of analysis and trading methods firmly.
6️⃣ There is no general bias; maintain objectivity and rationality to make correct and reasonable decisions.
7️⃣ The ability to think independently
8️⃣ has excellent risk control capabilities
9️⃣ has the ability to maintain patience
See how many you match? In fact, trading is about seeking wealth within; it is a process of seriously studying and understanding oneself.
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Sse8400vip
· 11-23 01:23
The summary is very accurate.
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