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    The essence of foreign exchange trading is just one word!

    The essence of foreign exchange trading is just one word! (Figure 1)

    People who are new to the industry may trade indiscriminately, opening and closing various positions, and their hearts are also wandering with the position.

    Then, some people will try to use some ideas to guide, fix, and unify their trading to offset risks. They use some methods such as superpower prediction, fortune-telling, science, and mathematics to guide their trading. Philosophy is one of them, and it can be regarded as the last one.

    I started trading, not to make money, but because I'd learned a little bit about philosophy, and I needed something to validate my ideas, ideally validate things, which had to constantly generate unpredictable random events for me to experiment with. I started using coins, but using coins to generate random numbers was very laborious, so I switched to poker, which was a little better, but still rudimentary. Later I thought of financial speculative markets, which could continuously generate random events for me to verify, so I got into the business.

    One can trade by feeling, or by mathematics and philosophy. But in the end, you will find that everything is illusory. What philosophy of science, what mathematics and money are fake.

    You can only trade with love.

    How can love be used to guide transactions? Haha, love can be used not only to guide transactions, but also to guide everything. It can even be said that the ultimate guideline for everything in this world is love.

    Everything else is just a cloud.

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    Maybe the officials are bored and anxious to know how this love guides the transaction. Don't worry, I'll tell you now.

    Love your position.

    You don't have to do anything, just open the position. Nothing, just love your position.

    Everything has life, and the warehouse also has life.

    If you love your position, it is like loving your closest person.

    If you love your position, how can you easily end it?

    Open the trading software, open the position, and then set a stop loss. If you want your loved one to live long enough, I'm sure you won't set a stop loss too small.

    Then be with her, watching him be born, grow, strong, old, and die.

    Death - all life will die, all things will return to dust, and so will your position. But she will never regret it, because from birth to death, you have accompanied it all its life. When she comes, you give, and when she goes, you lose. This is the law of nature.

    However, she left you something - money

    Of course you can remember her, find a place to pay her respects, and then dry your tears and start all over again.

    Open position, stop loss, re-open position, stop loss again.

    This is how the universe goes round and round.

    Not just positions, but trying to love your life, everything around you, or the distant starry sky. This is definitely the only thing worth doing for the rest of your life.

    With love, you have everything. Without love, you will lose everything.

    ===================================

    OK, everyone is tired, what? You said let those damn mathematical philosophy and love go away, all I want is money.

    So let me make it simple, holding a position as long as possible is the essence of your profitability. (as long as possible without killing you)

    There is only one difference between seeing the master's low hand, how long to hold the position, or is the transaction frequent?

    Without love, can you do it?

    Love is patient and kind; love is not jealous; love is not boasting, not arrogant, not shy, not seeking self-interest, not easily angry, not calculating evil, not liking injustice, but liking the truth; tolerating all things, believing in all things, hoping for all things, enduring all things. Love never stops.

    Traders must understand trading correctly. It is important to understand that positioning and trading are two different things. If trading is a verb and an action, it is often done intentionally and frequently. Most people in the world feel uncomfortable if they are not trading. If they are not in and out frequently, they will not appear to be capable traders. If they do not stare at the market every day and analyze and buy and sell smartly, it seems that they cannot show their wisdom.

    Holding a position is doing nothing. The profit figure of his position changes every moment with the change of the market trend, but his heart and hands never worry too much or change his position easily. When the trend is completed, the price movement pattern will tell him that he should take the profit into his pocket. At this time, he will naturally harvest his own warehouse receipt. As for whether to enter the market, how to enter the market, and when to enter the market, it depends on the price itself and his work and leisure time. Opportunities for profit are always everywhere. But it is strange that investors or traders cannot always make such a simple way to make profits. Why? I'm afraid it's still what I said, the real profits are in the quiet place of "Great Wisdom Ruozhi", while those "strugglers" who have the "pleasure of trading" are in the business of "Great Wisdom Ruozhi".

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    Disclaimer: The content of this article does not represent the views of the Institute of Foreign Exchange. The content is for reference only and does not constitute investment advice. Investors operate accordingly at their own risk.