Investment is about persistence. Long-term survival is much more important than short-term profits and losses. The so-called market winner focuses on the profit of a complete cycle and the profit of the next complete cycle, rather than the profit of a short period of time. Regardless of whether you are a trader with the trend or a trader against the trend, as long as you operate properly, you can make money in a specific market and maintain profits greater than losses throughout the market cycle, thus becoming a winner in the market.
For example, if traders who follow the trend can not participate in the market during volatile market conditions, or lose less money through better avoidance, filtering, trying, and stop-loss systems, they can better seize one of the major aspects of the trend in trending markets. period, you can become a profit maker; similarly, if traders who go against the market can continue to buy low and sell high in the volatile market, continue to earn and accumulate profits, and then retreat in the trending market, or use it several times After a small loss, you can also become a profit maker.
As soon as an investor enters the market or starts trading, encountering a volatile market is a high-probability event. At this time, traders who go against the market will reap a lot of benefits and make money back and forth. It doesn't matter if you make a mistake when placing an order, as long as you hold on, the market will always come back and you can still make profits, so stubborn traders who go against the market appear.
He was spoiled by the no-loss counter-market trading, inspired by the extremely high accuracy, and confused by the large profits, so he further strengthened his "operation method". And once a wave of mid-to-large-level market conditions comes, he will just continue to add dead chips against the market, expecting the market to come back. However, when all his chips have been added and the market has not come back, he has already lost a lot. At this time, He will still carry it "resolutely" until both profits and principal are swallowed up.
For traders who follow the trend, after experiencing a period of difficult and volatile market conditions, a wave of smooth unilateral market conditions finally ushered in, allowing them to make a fortune. It's just that most big market trends will not end in one wave. The market is likely to have twists and turns. Agile traders who follow the trend will go in and out many times to capture profits in stages. Of course, they will also miss some opportunities, and "firm traders" will "Traders who follow the trend will resolutely hold positions before they think the market has gone reverse, looking forward to the next wave of market trends after the correction. Although they have endured more or less retracements, they have gained relatively more complete profits. Quotes.
So the stubborn trend-following trader appears. He will firmly hold unilateral positions in the trend market he believes, and he will widen the stop loss range, because history has proven many times that as long as the general trend is not destroyed, then there will be no loss. Major market corrections are only temporary, and prices will continue to move in the original direction before long.