In trading, the most feared thing is to go up.
Today a trader said to me, Lao Zhao, I admire your trading mentality, can do in the trading center such as water, I can not reach your realm, very distressed, I also want to achieve your such a state in the past year, but how can not reach, in order to get rid of the problems in the transaction, I will talk about the trading mentality of the article to memorize, but also on my hand tattooed "plan your trade, trade your trade" this paragraph, I even wrote a paragraph on the mobile phone screen "the top is a mongrel", But I still can't change it, as long as I enter the trading scene, I can't help but have demons, I don't know what to do, I'm very confused now, I don't know if I'm not suitable for trading.
Then he asked me again, how do you solve the above problems in the face of winning and losing in trading?
After listening to his story, I replied to him like this: People only get up when they lose money, how can they win money? Only losers and gamblers will come up, and winners will not.
In the early years of losing money, I was also often on the top, because I lost money, I really wanted to turn over and make a lot of money, so my psychology was very fragile and sensitive, and the market was shocked at all. Later, I caught the black swan market by chance, turned the tables over, and suddenly became profitable, and I never went on again.
Let me tell you, when people lose money, their sanity is reduced to zero, and their minds are full of emotions and obsessions. But once you are in a state of winning, then reason is very online.
We often play mahjong is also like this, once the beginning of the card is not good, in a state of loss, then the day has basically been lost to the end, can turn the game very little.
Friends who often play cards have such a situation, the person who wins more will endure the hand, play cards is very rational and safe, and even find an excuse to leave the table, but the players who lose money, basically very good, is rarely left the table, unless he loses.
On the poker table, fierce battles, bloody battles, never happen between winners and winners, but between losers and losers, and those who are on top are only losers.
In trading, the same is true, the more people who lose money, the more they go up, the more impatient their mentality is, and the more chaotic their operations become.
Why doesn't the winner come out on top?
Because they are in a state of surplus, the whole is profitable, what is there to panic, that is, the so-called food in the hands of the heart is not panicked, in the state of profit, the winner's trading ideas and execution are very clear. So the masters in my circle who make good profits, all of them are monkey spirits, and they are very sober, and they look at those who lose money like they look at gamblers and madmen.
But if he cancels out his profits, minus part of the principal, and puts him in a state of loss, then he will also be a top gambler in the future.
I have had such an experience before, I found the right way to trade in a certain year, and made profits for more than a year in a row, during this time my operation was very rational, and my mentality was also very good, and the execution was leveraged. But one day a year later, I made a mistake because of drinking, which caused me a big loss, and all the profits accumulated by a year of hard work were spit out at once, and I was in a state of losing money all of a sudden, so the next operations were frequently followed, and all my sanity was zero.
That's why I'm often asked how to maintain a good attitude in trading and achieve the unity of knowledge and action.
I can only say that if you want to solve the problem of mentality in trading, the answer is to make a profit, and if you make a profit, your mentality is naturally very good, and your sanity is 100 points.
How to solve worries, the only way to make a profit, is so realistic and helpless.
I was discouraged twice before, because I was constantly losing money, my operation was terrible, my mentality was very high, and I was in a vicious circle and couldn't extricate myself. Later, I also hit the big luck, and I encountered a wave of unilateral market against the sky, and I was accidentally eaten, and I turned the tables all at once, and then I came back to my senses and entered a virtuous circle.
Therefore, sometimes financial luck is also very important, many successful people inadvertently earn their first pot of gold, and then steadily and steadily, step by step. And some people with bad fortune have been in a state of floating losses and can't extricate themselves. So it's best not to go into debt, because once you're in debt, the probability of a turnaround is really too small.
For traders who are confused about losses and want to turn around, I can't help them, I can only hope that God will sprinkle a wave of fortune on you and make you unexpectedly turn over, so that your next trading will be very sober.
God is really unfair, for the winner, God will give you reason, let you continue to get more, and for the loser, it will not only deprive you of your sanity, but also deprive you of the principal you have.
So try to be in a good position from the beginning, if you are already passive, it is really difficult to turn the tables around.
I wrote here today, I am telling the truth, if you have any questions, you can leave a private message in the headlines, I will reply when I see it, and I hope that the majority of traders and friends will come to operate when they find a profitable channel for trading, and achieve a counterattack and encourage each other.
Author: Zhao Huagang