Transaction distance

Apr 09 at 08:37
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15 Replies
Member Since Apr 09, 2024   12 posts
Apr 09 at 08:37
Investment and trading, operating skills account for 20%, fund management accounts for 30%, and mentality accounts for 50%. It is time that has passed, market that has been seen, gains and losses that have been tasted, gains and losses that are aftertaste, experience that has precipitated, and realm that has been achieved!
Member Since Sep 29, 2022   62 posts
Apr 09 at 18:33
riseclear posted:
Investment and trading, operating skills account for 20%, fund management accounts for 30%, and mentality accounts for 50%. It is time that has passed, market that has been seen, gains and losses that have been tasted, gains and losses that are aftertaste, experience that has precipitated, and realm that has been achieved!
If trading skills are 20%, fund management 30%, and mentality 50%, my calculator says I need more coffee to keep up with these percentages 😁.
Member Since Apr 09, 2024   12 posts
Apr 10 at 06:34
Establish your own system and strictly implement it.
Member Since Dec 28, 2023   25 posts
Apr 10 at 15:53
riseclear posted:
Investment and trading, operating skills account for 20%, fund management accounts for 30%, and mentality accounts for 50%. It is time that has passed, market that has been seen, gains and losses that have been tasted, gains and losses that are aftertaste, experience that has precipitated, and realm that has been achieved!
What do you mean?
Member Since Apr 09, 2024   12 posts
Apr 11 at 06:18
In the process of trading, it is necessary to establish a trading system and stick to it, which will reduce many mistakes.
Member Since Sep 29, 2022   62 posts
Apr 11 at 14:59
riseclear posted:
In the process of trading, it is necessary to establish a trading system and stick to it, which will reduce many mistakes.
If a person always works on his mistakes, then there will be fewer mistakes.
Member Since May 08, 2023   47 posts
Apr 12 at 14:06
riseclear posted:
Investment and trading, operating skills account for 20%, fund management accounts for 30%, and mentality accounts for 50%. It is time that has passed, market that has been seen, gains and losses that have been tasted, gains and losses that are aftertaste, experience that has precipitated, and realm that has been achieved!
That is such a philosophical approach to trading, no need to go so hard.
Member Since Apr 04, 2023   8 posts
Apr 15 at 09:30
Did you take these percentages out of your head? Where is the true source of your words?
Member Since Aug 19, 2021   227 posts
Apr 16 at 11:02
Oh do you really promote yourself as a good trader with the high % of mentality, but not the time or risk managment?? lol.
Member Since Oct 31, 2017   13 posts
Apr 17 at 12:08
It sounds like all those 'educators' that don't know how to trade and say that the most important thing is psychology. That is total BS, the most important things are strategy and risk management
Member Since Jan 15, 2024   28 posts
Apr 17 at 17:31
riseclear posted:
Investment and trading, operating skills account for 20%, fund management accounts for 30%, and mentality accounts for 50%. It is time that has passed, market that has been seen, gains and losses that have been tasted, gains and losses that are aftertaste, experience that has precipitated, and realm that has been achieved!
o_O from where these percentages come from?
Member Since Jan 15, 2024   28 posts
Apr 17 at 17:33
Raven1209 posted:
riseclear posted:
Investment and trading, operating skills account for 20%, fund management accounts for 30%, and mentality accounts for 50%. It is time that has passed, market that has been seen, gains and losses that have been tasted, gains and losses that are aftertaste, experience that has precipitated, and realm that has been achieved!
If trading skills are 20%, fund management 30%, and mentality 50%, my calculator says I need more coffee to keep up with these percentages 😁.
😁😁😁
Member Since Aug 11, 2023   5 posts
Apr 18 at 00:06
MiguelMM posted:
It sounds like all those 'educators' that don't know how to trade and say that the most important thing is psychology. That is total BS, the most important things are strategy and risk management
if you have a winning strategy why would you fear entering a trade lol, i strongly agree
Member Since Aug 19, 2021   227 posts
Apr 18 at 11:07
MiguelMM posted:
It sounds like all those 'educators' that don't know how to trade and say that the most important thing is psychology. That is total BS, the most important things are strategy and risk management
Oh, haha, that is true. You are losing profit not because you need to change your trading strategy, but because you were thinking negatively at that moment. lol.
Member Since Apr 09, 2024   7 posts
Apr 19 at 09:01
Obtaining profits is the goal we have always pursued, but every great trader will lose money. The reason for losses is often due to our greed and luck, so psychology is equally important in risk management. We are all looking for the holy grail of trading strategies, and that is unrealistic. We should summarize more of our own trading theories, and then introduce an EA system that suits our own trading theories. EA will help you stop the risks caused by psychological changes. In this way I firmly believe that we can achieve stable profits.
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