The law of foreign exchange investment losses

1. After buying, the exchange rate falls, buy again; then the exchange rate falls again, buy again. If you are a shopaholic, buy whatever is discounted, regardless of how much it is worth. (When the exchange rate fluctuates in reverse and lingers for a long time, please think about it. Why do you think the obvious things are ignored by the market? Either the market is crazy or you are stupid - the latter probability is significantly higher.)

2. Several stops have been knocked out, and they are simply not set up. Let's see what the market does with me. (You may come back to life several times in a row, but as long as the exchange rate does not turn back once, the amount of loss can be worth the loss of 10 stops.)

3. The closing price broke through, catch up! That night, the exchange rate turned back, and the stop loss was eliminated. It turned out to be a fake break. Ten days later, the exchange rate broke through again. Looking at the market, it saw 3 pm, and finally decided not to chase. That night, the exchange rate rode the wind and waves, leaving only a faint pain in the heart. (Trading is about probability, not the pursuit of 100% certainty. Being deceived by a fake break is also part of the transaction. You can't stop driving because of a traffic accident. If you place an order that should be placed and lose money, the loss is just a result, not a punishment.)

4. I just emptied a handful of euros last night. Today, I read an online article to analyze: "The euro is bearish in the future market". Well, after taking a peace of mind, I will add another warehouse immediately. (Others' words cannot be used as the basis for your own order. You may make money by following the trend this time, but if you don't know how to analyze and draw conclusions by yourself, you will eventually lose money.)

5. The exchange rate fluctuates very much (I don't know why). I couldn't help but place an order and made $1,000 in less than 10 minutes! I can't help but feel proud: Bill? What is Gates? (There is nothing more dangerous than this. After getting used to gambling, the door to losing money is open for you, not to mention 1,000, it is not a problem to lose 10,000. Remember, betting right is only your luck, and doing it right is something to be proud of. If you make a profit today, you will inevitably lose a lot tomorrow. It is better to bet right than to do it right. Control yourself, ten million.)

6. I lost the day before yesterday, because I forgot to set a stop to win, I will definitely not next time; I lost again yesterday, because I missed an important resistance level, I will definitely remember it next time; I lost again today, because I was too impatient, remind myself to calm down next time; tomorrow... There are endless mistakes and endless excuses every day. (Some mistakes can be corrected, and some can never be corrected. The only way out is to start from more basic places so that I have no chance to make mistakes at all.)

7. I made $1,000 this week, and $800 last week. At this rate, it is 46,000 a year, and it is in US dollars... After the wishful thinking is completed, I will lose money immediately next week, and it will be unsatisfactory. (The daily goal should be to place an order or wait and see according to the established trading system, rather than calculating when I can make how much money all day long. Most people are inforeign exchange marketThe increase or decrease in capital is completely disorderly.)

8. Finally, after a long period of exploration, at least a strict trading system was summed up and ready to be implemented next Monday. But today I suddenly saw the wonders of a certain indicator in the book, and it was too late to meet each other. Tomorrow I realized the truth from a word of a trader, and I was very excited. So I worked tirelessly on a "perfect" trading system. As winter went to spring, the system became more and more "perfect", but I didn't make much money. One day I suddenly found that the original is the best, and the average and k-line have always been the foundation.

From the end to the starting point. (It can be seen that the phrase "there is no best, only better" hurts. In fact, there are many different trading systems in the world, and they are all "best" for a particular trader. The key is that the system must conform to the human personality, in order to minimize the failure to execute orders caused by conflicts between personal emotions and system instructions.)