Many people have been in the market for ten years and are still spinning at the first door.
It's not that stop-loss is too hard to learn, but that stop-loss is too easy to do! Easy to do, but you can't do it! Set a price level, and when it reaches that point, cut it off, mechanically like a worker on an assembly line. What's so hard about that? The difficult part is watching that K-line break through your stop-loss level, and then running in the direction you originally judged without looking back; as if the market has specifically sent a sniper rifle aimed at those two or three melons in your account.
Since the start of the live broadcast, there are often short-term trades I do together with everyone, always emphasizing to use stop-losses, because the trading levels of people in the live room vary widely. I don’t know everyone's trading habits, whether they are cautious or impulsive. Some people set their stop-loss at the liquidation price, some can’t see their stop-loss, and some can lose half of their position with a stop-loss. I can only set a unified benchmark point. What I want to teach everyone is not just the action of stopping loss, but knowing that you need to stop-loss and have set it, even if you watch it hit the stop-loss and then go back in the original direction. This is a process from knowing to doing, and the unity of knowledge and action comes from this.
In other words, learn to stop loss after not stopping loss.
What is meant by not stopping loss here is not to hold on to a losing position. Just like this time of entering the market early, the market logic has not changed, the fundamentals have not changed, and the unrealized loss is a short-term mismatch of market sentiment. My goal is a longer-term plan that surpasses the previous highs. At this point, stopping loss is not risk control; it's a cowardly escape forced by institutions.
The first stage is mechanical and simple; as long as you overcome your emotions, you can execute. The second stage of not stopping loss is complex, vague, and requires judgment and composure. The first stage is to cut losses, while the second stage is to hold your position. After learning some simple and effective trading actions and repeatedly opening orders like a robot with a take profit and stop loss, you will gain something elusive, something hard to articulate called market intuition.
You will know the probability of this trade's success, know the probability of stopping loss, and know whether to place a heavy or light bet. You have learned to control yourself and seek market patterns. You are beginning to walk the path of finding your own way, and in the near future, you will have your own independent trading system. This was the tone I set during my last training session: to cultivate and improve traders with independent systems!
From stopping loss to not stopping loss, it is a long journey of self-improvement. Calm down and execute; let the results come whenever they may.~#交易心理 #加密市场观察