The difference between a profit and a loss in foreign exchange trading
At the beginning of making an order, losers generally do not have enough patience, and enter the market with a gamble when the trend is uncertain. Winners often tolerate it, preferring to miss it rather than make mistakes. Once the trend is clear, they will quickly open a position.
Even if the direction of the losers and winners is the same, the losers are destined to lose, while the winners are destined to make profits. Because, once the losers and winners make the right variety at the same time, the losers will be very impulsive, will show off their positions everywhere, and miss the best opportunity to enter the market or enter the market too early. Winners will calmly observe the changes in the market trend, shoot when it is time, and continue to hold when it is time to hold. Winners can generally exit smoothly at the end of the trend, realize their profits, and then wait for the market to fluctuate. The losers regret their early appearance and can't help but enter again. They often buy in the early stage of the market shock, and finally they will be shocked out of the market and spit out the profits earned in the early stage of the trend.
The winner is confused before making an order. He doesn't know how the market will go, whether it should be empty or too much. He always rushes in the moment when the trend is completely clear, and if he grabs a little profit, he will be out quickly.
The loser is sober before making an order. He will clearly predict the trend of the market in advance, and he has a clear long and short direction in his mind. Therefore, when the market false breakthrough starts, he enters the market quickly, and when the book is profitable, he is complacent that he has made the right direction and relaxed his vigilance. Who knows that the market rapid breakthrough is a fake breakthrough, and the market immediately makes a real breakthrough in the opposite direction. Once the winner makes a mistake at this time, he will pull out the sword hero of Shangfang and turn off the computer after breaking his arm! Or immediately implement a backhand! The loser will hope that the market will return to the point of profit just now, staring at the disk nervously with bloodshot eyes, hoping that the crocodile will come to save him! Finally, in despair, he will blow up his pitiful little bit of money.
Winners generally do not read the news, but rather look at information that is contrary to their own market predictions, and then become more cautious about the market.
Losers look for news everywhere, like to see news that is consistent with their market forecasts, and then let down their guard.
Winners have strict trading discipline and will try to forget how they made a profit yesterday. Losers also have strict trading discipline, but they always forget the discipline after winning, always remembering in their minds that yesterday was also profitable.
When the market fluctuates, the hearts of winners and losers fluctuate with the market. But winners generally like to turn off the chat tool and observe the fluctuations of the market rationally and calmly, looking for the most certain opportunities. Losers always open the chat tool to be fanatical with the public, asking everywhere: Can there be more? Can it be empty? At this time, the winner has already made an order, waiting for the fanatical loser to take his order and leave the market successfully, leaving the battlefield to the losers,brokerAnd market forces.
Although I describe the various forms of winners and losers in my spare time, I still spend most of my time in the position of losers. Leave these bloody lessons in my own space, and hope that one day I can fully understand myself and become the so-called winner who wins and loses less.
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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.
