It's not too late to take action after the trend becomes clear.
Although this may result in missing out on some opportunities, it can ensure the safety of funds. The trading objective must remain consistent with the market and follow the trend. Only by being in line with the market can profits continue to flow. If the trend is misjudged, the only reliable protection is to use the ancient and most trustworthy umbrella [stop loss].
This is the relationship between trend and profit.
The basic rules of successful trading are stop loss and holding for the long term.
On the one hand, cut off the losses and control the passivity. On the other hand, if the profit trend is not complete, do not easily exit the market, let the profit rise.
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Trader_VIP8001
· 2024-09-09 09:38
You don't need to waste your energy and emotions on things you can't control in the market. Don't worry about what changes the market will bring, worry about how you will respond to them. It's not important whether your judgment is right or wrong, what's important is how much profit you can make when you're right and how much loss you can bear when you're wrong.
What is a trend?
It's not too late to take action after the trend becomes clear.
Although this may result in missing out on some opportunities, it can ensure the safety of funds. The trading objective must remain consistent with the market and follow the trend. Only by being in line with the market can profits continue to flow. If the trend is misjudged, the only reliable protection is to use the ancient and most trustworthy umbrella [stop loss].
This is the relationship between trend and profit.
The basic rules of successful trading are stop loss and holding for the long term.
On the one hand, cut off the losses and control the passivity. On the other hand, if the profit trend is not complete, do not easily exit the market, let the profit rise.