Vantage FXWanzhi: Pursuing perfection will hinder your path towards successful transactions

　　foreign exchangeAs the world's largest financial investment market, the market has huge trading volume every day, coupled with leverage effect and huge wealth effect, attracting us to enter this bloodthirsty market. Investors all believe that they have profitability and are full of longing for the market.
Especially when the market is filled with classic stories of legendary masters, it is even more imaginative: the perfect transactions, magical predictions, and rolling wealth of those masters are truly tempting, as if the path to wealth freedom is right in front of us, especially in the attempt to find the secret to the perfect transactions of those masters.
Pursuing perfection is human instinct, and pursuing profit from perfect transactions is our ideal. The key isWe cannot achieve our ideals through perfect trading in transactions.
For example, in a transaction, refusing to accept orders that incur losses and encountering orders that incur losses is simply a dead end. With good luck, they can turn losses into profits, but at the cost of time and other better trading opportunities that could have been profitable;If you have bad luck, you will encounter a unilateral trend until you can handle it and sell out.
For profitable orders, due to perfectionism in trading or some kind of ostentatious vanity, they only run at small profits. In the end, there may seem to be many profitable orders, but they are all small profits. A slightly larger loss will erase these profits.
　　Another manifestation of the pursuit of perfection in trading is bottoming out and guessing the top.But there is only one top and bottom, and their existence can only be known after they have formed. Moreover, during the operation of the market, there will be many similar but not identical tops and bottoms.
If we pursue the top and bottom, we will inevitably encounter many similar but not the same ones, which means we will constantly be hit by the market, which means we are pursuing pain and failure. The top and bottom are unique, and we will never, nor can we, only trade once. No one can afford the transaction costs, spiritual costs, and confidence costs of pursuing the top and bottom.
But we still try to find this method, fantasizing about predicting the top and bottom beforehand.In this way, we can not only predict the top and bottom, but also the small top and bottom, so that we can buy at the bottom and sell at the top.In fact, this is a seemingly perfect and idealistic transaction, but it is also a transaction that is basically impossible to achieve. Everyone has seen the success of the masters, but little is known about the efforts and hardships they have put in for success.
Successful traders have their own trading patterns, however, this trading pattern is completely different from mathematical formulas and is not a legendary secret in the martial arts world.The profit of this model is based on many losses.transaction100How many times did they succeed, how many times did they lose, how much did they lose in total, how much did they profit in total, and how much did they lose in net profit? They will appear in different states in the market and can adjust their trading patterns in a timely manner.
Any trading model can only adapt to certain market conditions and has periods of losses. Their success and profits are based on many market setbacks, rather than relying on accurate predictions to defeat the market and profit like immortals. They profit by adapting to the market.
Individuals are very small and fragile in the face of the market, and we can never overcome it. Therefore, we need to accept imperfections in transactions. So we should no longer spend our energy searching for profit secrets, nor should we search for non-existent perfect transactions. The secret to success is to adapt to the market, face the pain of losses calmly, reduce losses when they occur, amplify profits when they occur, understand the logic of trading profits correctly, and success will approach you.
　　Original text:Foreign exchange transactionsAdvancing - Pursuing perfection will hinder your path to success in trading（https://www.vantagefx.cn/press-releases/17022501/）
　　

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