Many people lose money in trading not because the market is bad, but because their way of thinking is wrong.
❌ Follow the trend to chase涨杀跌 ❌ Be led by the news and personal emotions
Use "first principles" to trade Break down complex market issues to the most basic facts:
The essence of price = supply and demand relationship The driving force of price fluctuations = capital flow + emotional cycle Historical experience ≠ future conclusions
Ask yourself again: If there is no noise, how much position would I buy at this level? Is the risk/reward ratio sufficient?
This is the underlying thinking to avoid FOMO and to avoid being left holding the bag.
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Many people lose money in trading not because the market is bad, but because their way of thinking is wrong.
❌ Follow the trend to chase涨杀跌
❌ Be led by the news and personal emotions
Use "first principles" to trade
Break down complex market issues to the most basic facts:
The essence of price = supply and demand relationship
The driving force of price fluctuations = capital flow + emotional cycle
Historical experience ≠ future conclusions
Ask yourself again:
If there is no noise, how much position would I buy at this level? Is the risk/reward ratio sufficient?
This is the underlying thinking to avoid FOMO and to avoid being left holding the bag.