Opening remarks:
Trading is integrated into life, you will maintain a certain degree of self-restraint, a regular life, and know the importance of taking care of your emotions and body.
After the transaction matures for a period of time, the maturity of personality follows. Maybe your mentality will be relatively free, and you will no longer be tight. You know how to understand the difficulties of others, but you are more strict with yourself. Maturity is not without problems, but not being ungrateful and impartial when facing problems; maturity is not without problems, but being able to advance or retreat, attack or defend when facing problems.
You know that the market is coming, so you make more money. The market is very small, so it doesn’t matter if you make less money or lose a small amount. Just look at the weather and let it go. The state of mind that goes with the flow can be said to be different from one's own opinion. For traders who practice and do it, it seems to be as light as breaking a layer of window paper. However, for traders who are still on the road to cultivation, this layer of window paper is so thick, thicker than the snow-capped mountains that have been snowed all year round.
In the past few years of epidemic, I believe that everyone is feeling a lot of pain in it. The separation of life and death is close to us. It happens so frequently, refreshing our cognition and forcing us to think about our current life state, so it is said that born from distress and dying from happiness. Many times pain can make people progress, because pain breaks the balance of comfort, and you have to lower your posture and look at the problem from another perspective, so that you can re-understand yourself and understand the mode of the world's operation.
The material richness has been raised, but the spiritual world has dried up; the body seems to be getting better and better, but there are more and more mental illnesses. How terrible this is!
It seems that our lives are beautiful now, and our wealth has reached the middle class. In fact, the so-called middle class only rises by bubbles, but our brains are not keeping up with the middle class.
We have been pursuing happiness all our lives, but why are we getting more and more painful?
Because we are pursuing the wrong direction, the happiness we pursue is only for others to see, and the successes that are unified in standards and secular definitions are not equal to happiness, but many of us draw them equal signs.
Compared to getting happiness, we should reduce pain. The standard for pain is clear, but there is no unified standard for increasing happiness for everyone. On the one hand, people's desires are endless, and on the other hand, people value gains and losses differently. But we feel about all kinds of pain basically the same. Diseases, disasters, separation from life and death, and the pain they bring to everyone is real and accurate. What we need to do is to reduce pain rather than pursue illusory happiness.
We always hope that the future is certain and eternal, but in fact we cannot predict the future. The future is full of uncertainty. We can only make continuous progress through constant reflection, criticism and falsification of ourselves. Progress is a sustainable happiness. When one day relaxes, stops, and no longer devotes or thinks, the God of happiness will quietly leave. Please always be on the road to progress! The progress mentioned here is not the pursuit of material desires and continuous expansion, but the process of polishing more valuable things, striving for excellence, and enriching one's spiritual world. If you are poor, you will be able to protect yourself; if you are rich, you will be able to help the world.
When we equate market volatility uncertainty and reasonable losses with pain, while certainty, profit is equal to happiness, trading problems follow one after another. It cannot be solved by technical level.
If our only purpose in the trading market is to chase money, then we will be doomed. We may make money in the middle, but the pain will only increase because our desires will take us where desires should have come. In the end, our body and mind cannot find the direction and are buried.
Where does the antidote come from?
No antidote can be given to outsiders, and the antidote is in their hearts. Be content with eternal happiness in material things, explore the truth and truth spiritually, think multi-dimensionally, seek truth from facts; learn the mindset of water, live in the present, always be grateful; subtract life and transactions; respect heaven and earth, fear ghosts and gods (it cannot be understood literally, it is not a superstitious statement). There is no truth or truth in everyone's eyes, only personal likes and dislikes, and likes and dislikes are culture. Why can’t you see the truth or the truth by being at the mercy of your likes and dislikes? Because we are dominated by emotions, we want to see what we want to see, but we cannot observe it truthfully. You will only pay attention to your own interests, and selfishness is the nature of human beings. The fundamental reason for education is to cure people’s bad natures and cultivate a heart of great love.
Newbie trader: In life, we always have to find certainty about things before we can have a sense of security and not fear, but there seems to be no technology in the trading market that can solve certainty. So the question is, how to make sure profits in an uncertain market?
Veconomic trader: Yes, there is no such technology. If you have to say that there is, it is trading psychology and winner mentality. Think like a successful trader and accept risks completely. Learning to accept risks is a trading technique—the most important technique you can learn. However, few traders have learned it with care or hard work.
Once you have learned the technology of accepting risks, no matter how the market is doing, you will not feel pain. If the market does not have the ability to make you suffer, you don’t have to avoid anything. There is only probability in your eyes. This is called objective—not tilting, or distorting because you are afraid of what will happen or what won't happen.
The market is fluctuating, and the only thing that can be controlled is losses. Controlling losses will block the lower limit of losing money, but making money is unlimited, as long as the market is still fluctuating, unless you want to cut off profits. To achieve a certain profit, it is necessary to maintain transaction consistency or consistency.
Newbie trader: How to do ?
Hand trader: Remember, continuous consistency does not mean having the ability to achieve a series of profits, because a series of profits absolutely does not require technology. What you have to do is guess right, this is the same as to tossing a coin, but continuous consistency is a state of thought. For example, measuring risks in advance is a process of "continuous consistency". If you are trying to measure risks in advance, if you are consciously reminding yourself to do so, if you are experiencing conflicting thoughts (when struggling with thoughts), if you find that you are not measuring risks in advance when trading, then this principle does not become your dominant, part of the body’s function. You "did not enter the state", otherwise you would not have measured the risk in advance.
Newbie trader: How to transform yourself into a person who is constantly consistent from a market perspective?
Vegetarian trader: This transformation process starts from your desires and wills to your desires (self-discipline). Desire is the power of . It doesn't agree with any of your current views on trading. A clear and specific desire is a powerful tool. You can use desire to create a whole new self, transfer energy from conflicting concepts, or turn your memory from negative to positive. For example, the difference between an athlete and a performer who is "continuously consistent" is that he is not afraid of making mistakes.The reason they are not afraid is that when they make mistakes, they have no reason not to value themselves, meaning they do not let negative energy be stored and then burst out suddenly like a lion quietly waiting for prey and pounce on it.
What makes them act quickly and not blame themselves? One explanation is that perhaps their parents, teachers, and coaches when they grew up were definitely not ordinary people. They taught them how to correct their mistakes with their pure love, care and acceptance. I said "absolutely not ordinary people" because most people's growth environment is exactly the opposite. We are always forced to correct our mistakes helplessly, angrily, impatiently, and unacceptably.
Newbie traders: Is it possible to say that most of the great fortune mobilization, their positive experience when making mistakes gives them a belief that mistakes are just something on their growth and development. With such beliefs, negative energy has nowhere to hide, and they will not belittle themselves. However, the rest of us have grown up in overreaction to our mistakes and the beliefs we get about making mistakes is: “Avoid making mistakes at all costs” “If I make mistakes, I must have problems” “I must have messed up” or “If I make mistakes, I must be a bad person”.
Vegetarian Trader: Remember that every idea, vocabulary and behavior will strengthen some of our beliefs. If I always criticize myself negatively, our belief is "I always mess up things". Such beliefs will find ways to express ourselves, which will lead to us being easily distracted and messed up things easily; in terms of words, it leads us to say that others (if we notice their same characteristics) or our own words reflect our beliefs; in terms of behavior, it leads to our behavior being excessively self-destructive.
If you want to be a winner in a consistent manner, you cannot have negative words and mistakes like others. You have to monitor yourself to a certain extent, and if you are prone to mental pain, you will find it difficult to do so. If you are prone to this, you have two options:
Newbie trader: talked a little confused, it took me a long time to digest it slowly.
Vegetarian trader: Yes, it is really difficult for traders who do not have a certain trading experience to understand.
Newbie trader: Can you first look at the crude oil market? What stage is it in now? What to do next?
Vehicle trader: Yes.
How to view
week chart, closed the upper and lower shadow line K line, the bulls and bears are competing for positions, this rebound seems very strong, but we still need to be cautious, with layers of resistance above.
day chart, currently closes with big sun, there are two resistance mountains ahead, can you overcome it? have no idea! Just like you ask, will a mountain climber continue to reach the top if he climbs halfway on the platform? What if he gets injured his leg or has something to do at home and goes back halfway? There are thousands of mountain climbers in the market, and we don’t know what they think then? Therefore, it doesn’t make much sense to guess the market too early. The key is why do we like to guess the market? It’s just that I want to find certainty. To put it bluntly, I cannot fully accept market risks psychologically. It’s like a plague when it comes to market uncertainty.We can only talk about ways to deal with various changes. After opens , we just need to make countermeasures based on the actual operation trend. It may not be able to surpass it, and it may break through two mountains. It depends on which side is stronger when these mountain climbers take sides. Are there more people going home in the middle, or are there more people continuing to reach the top?
How to do
Two directions are considered:
Newbie trader: It seems that the operation idea is good this time. Will crude oil follow the strategy as scheduled next week?
Vegetarian trader: Don't know. Watch the food and serve. Do whatever the market goes! As individual traders, we cannot make too many predictions, especially the analysis and judgment of fundamentals , which is not our advantage. The advantage of us retail traders is to be flexible in and out of the market and adapt to changes. Traders are like swordsmen. Just like the Dugu Nine Swords, you can see the opponent's moves and deal with them when you see them. You can respond to all changes with no moves.
Newbie trader: As traders, we often trade at an inappropriate opportunity - either
entered the market early before the market sent a signal, or it slowly entered the market long after the market sent a signal. This kind of mistake is always made again and again.
Vegetarian trader: Yes, we are always afraid to miss market opportunities, so we entered the market early, and were reluctant to enter the market for a long time because we are afraid of losing money again. Traders tell themselves not to lose money, and they will lose more. I closed the profitable position too early. My own position is obviously profitable because I did not cash out the profits, and then it became a position that lost money. Set stop loss near the entry point, and after stop loss, the market moves in a direction that is beneficial to itself.
These errors are not made by the market. In other words, these mistakes do not come from the market. The market is neutral, it just fluctuates and creates information. Volatility and information provide everyone with the opportunity to do something, but that’s all! The market does not control our interpretation and understanding of information, nor does the market control our decisions and actions. False attitude nourishes fear, not trust and confidence.
This means that no matter how much market behavior you have learned, no matter how excellent your analysis is, you can never learn enough knowledge to avoid the market making you make mistakes or losing money.So, if you are afraid of making mistakes or losing money, which means you cannot learn enough to compensate for the negative effects of fear, you will not act objectively and without hesitation.
The best trader is not afraid. They are not afraid because they come in and out of trading according to the opportunities provided by the market, and they have formed the greatest ideological flexibility to be free to come in and out of trading.
Newbie trader: If you want to become a mature trader, you still have a long way to go, let alone a top trader. Let’s take a look at gold again, how about it!
Vegetarian trader: Gold is interesting. There are many participants, which are relatively active products and are also products that cause many traders to lose more. Every big market will kill a wave of self-righteous guys. Especially those so-called quantitative trading arrogance. It claims that an EA who is the so-called trading holy grail can go around the world and kill the world invincible.
How to view
week chart, big sun, this force is very strong. The short-term direction is clear.
day chart. Many traders dare not place bets before the market starts. Instead, they wait for the market to come out and confirm, and then chase the rise and sell the fall. The opportunities you see at this time are actually not the best opportunity, because everyone sees them, there is no value depression, and profits will be compressed and divided by everyone. Profits decrease, but market risks increase. Currently close to the 200-day moving average, we should be cautious and chased too much. But many traders may be guided by market sentiment and blindly follow long.
How to do
Newbie trader: Gold fluctuations this month have really brought surprises! With such big fluctuations, many traders can't hold on to profits, and instead short-selling them, and even lose their positions.
Hand trader: No one can predict it. Acknowledge that we are ignorant, chaotic, and irrational about the market. We must accept the fluctuations in any market situation, without ripples, and without turbulence, we can be as quiet as water. Only then can we perceive the context of market fluctuations and capture the profit margin of the market from it.
Last words
- You can't know any information about the market, it's anything. All your judgments are personal fantasies. As long as you are talking about market conditions and technology, it must be a failure. I'm not saying that there is no market conditions and technology, but market conditions and technology are tools for change, and the primary premise of your trading is "you may be wrong at any time."
- When many traders talk about execution, they think it is based on personal will and self-consciousness. In fact, this is already wrong in conscious cultivation. What are you talking about self-discipline? You get up and go to work every day because you have money for work one day, so you develop the habit. Law and labor law are there, and you have faith in your heart. When you do trading, the conditioned thinking is that you may lose money at work today, so you are walking against human nature every day.
- If you carefully observe your consciousness, once you adjust the stop loss to a certain profit, you will feel relatively relaxed. Doing this is very simple on the surface. 8-year-olds will do it. However, because of people's inherent thinking and certainty of their values, people will endure it and force themselves to do it when they encounter something that does not match their cognition. This is different from actual life. As long as you are practical in life, you will definitely gain something, because the practice of life is generally objective practice, and you have factual control over it! But trading is the opposite. I know that this is the case, but there are always many thoughts that make it difficult for me to make progress. This is speculation, a factual speculation. Many people spend their whole lives trying to find certainty!
- Thinking in reverse, you can choose not to do it, you can choose to close the position, you can choose to withdraw the money, what you can grasp is that you are not the market, not your judgment, this is illusory! This is not the logic of natural science, it is speculation.