The most terrifying thing in the market is not the lack of market conditions, not the lack of opportunities, but the confusion and disorderly placing of orders. A person who doesn't know where to go is facing in the opposite direction, and the wind blowing in any direction will be against the wind!
4Your own life experience shapes your understanding of trading. If you lose your first transaction, there is a high probability that you will no longer enter the market for a long time, or even never touch that product for a lifetime. The psychological impact of losing money and failure when making orders is greater than the physical pain, and the impact time is also longer. If you were not defeated by a failed exchange, then losing money on orders would not have such a negative and lasting impact on you.
8Successful traders quantify and analyze risks, truly understand and accept them. Accepting risks emotionally and psychologically determines your mindset in every transaction. The individual's risk tolerance and preference for trading time also make each trader different. Choose a trading method that reflects your trading preferences and risk tolerance.
Is investment a balance between long-term and short-term, between oneself and the market, or between expectations and reality. From a micro perspective, investment is also a balance between data and perception, an absolute and relative balance. Of course, investment is still a balance between long and short positions, a balance between risk and return, and a balance between persistence and abandonment. Investment is a balanced art. Only by understanding balance and trade-offs can one be considered mature and not burdened by stubbornness.