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THPX55
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Posts by
THPX55
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On failure and resilience:
in
New Traders
21 seconds ago
Losses are not tombstones, but road signs. They clearly tell you: this road is blocked, please adjust your direction or strategy
About patience and waiting
in
New Traders
Jul 09 at 06:57
Good hunters spend most of their time waiting. The same is true for trading. Learning to appreciate "empty positions" is also a state of mind.
About time and precipitation:
in
New Traders
Jul 07 at 07:13
The miracle of compound interest requires two keys: stable positive returns and a long enough time. Patience is the only ticket to make time your ally.
About sobriety and balance:
in
New Traders
Jul 05 at 07:14
"The fluctuation of your account balance should not be a barometer of your mood. Draw a clear line between trading and life. A happy life is the cornerstone of stable trading."
On persistence and discipline
in
New Traders
Jul 02 at 07:15
"Successful trading is 99% boring waiting and 1% decisive execution. Only by enduring loneliness can you keep the excitement."
About Reality and Sobriety
in
New Traders
Jun 28 at 07:19
Trading is not everything in life. Maintaining a healthy body, a positive life and a good attitude are the cornerstones of your trading mentality.
About mentality and emotions
in
New Traders
Jun 26 at 07:25
Greed makes you take over at a high price, and fear makes you sell before dawn. The biggest enemy of trading is often the devil in your heart.
About risk and fear:
in
New Traders
Jun 22 at 07:54
There are no generals who always win in the foreign exchange market, only students who survive long. Fear of risk is the first lesson of survival.
Decision delay device
in
New Traders
Jun 20 at 07:31
Before opening a position, you must fill out the "Triple Questionnaire":① Is the stop loss logic impeccable?② Is the winning rate of this operation > 55% in historical backtesting?③ Will your mentality collapse if the reverse fluctuation is 2%?
Physiological reaction to stop loss
in
New Traders
Jun 18 at 07:05
If stop loss is not set within 3 seconds after placing an order → close the position immediately! Slow hand speed is a physiological manifestation of insufficient cognition.
Three columns must be filled in every day:
in
New Traders
Jun 14 at 08:15
✅ Mistakes made (specific to the point)✅ Tuition saved (amount of loss reduced)✅ Bottom line for tomorrow (e.g.: no orders before the European session)
About the Ultimate Truth
in
New Traders
Jun 12 at 07:35
Slow is fast, less is more, and being alive is winning – these 12 words support 90% of traders.
About moving stop loss
in
New Traders
Jun 10 at 07:12
When the profit exceeds the stop loss amount by 2 times, the stop loss will be moved to the cost price + spread. If you can't lock it in first, then try to make a profit.
About the learning path
in
New Traders
Jun 07 at 08:29
First learn stop loss → then learn position management → finally study technology. The wrong order is like learning calculus first and then memorizing the multiplication table.
About the data market
in
New Traders
Jun 05 at 07:22
Five minutes before the CPI is released, either clear your position and wait and see, or place a breakout order. Don’t operate manually when the data is released - slippage and emotions kill both!
About light positions
in
New Traders
Jun 03 at 07:17
Newbies always complain that light positions make money too slowly, but veterans understand: light positions are like leaving homework for yourself - if you fail, you can start over, but if you make a mistake with heavy positions, you will drop out.
About retracement
in
New Traders
May 30 at 07:01
Don’t feel bad about profit taking, as this is the “toll” charged by the market. As long as there is no problem with the trading system, don't avoid paying the money you owe - forcing it to stay will only ruin your mentality.
About mentality
in
New Traders
May 29 at 06:42
Don’t be too proud if you make money, and don’t be depressed if you lose money. Treat trading as work, "punch in" on time, operate according to the rules, and don't take a day off from work if you feel emotional.
About full-time trading
in
New Traders
May 27 at 07:04
Don't quit your job to trade easily! First use your spare time to make stable profits for two years, and then consider working full-time. The premise of freelancing is “occupation”, not “freedom”.
About capital preservation
in
New Traders
May 26 at 08:24
The first goal is not how much money you make, but not to lose your capital. Just like learning to swim, you have to practice holding your breath first so that you can splash around while you’re alive.
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