Insights on the Cognitive System of Trading!



Don't always focus on executing trades; you must learn to wait.

Repeated failures, as long as they don't defeat you, are the foundation of success; conversely, if you celebrate consecutive victories with emotional reactions, it may actually be the beginning of failure.

You need to understand your own emotions, not just try to overcome them. Understand the source of your emotions and manage them well.

Trading itself is a highly effective way to train oneself. If you do well, you'll be rewarded immediately. If you perform poorly, you'll get a "stick" right away.

Never make decisions suddenly on days when you're under a lot of pressure. If you can't keep a clear mind, it's better to stick to your original plan.

The key to winning is that the profits from successful trades exceed the losses from all failed trades. As long as you trade enough times, the so-called Law of Large Numbers in statistics will definitely come into play. #Gate广场发帖领五万美金红包 $BTC
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