I like to write my thoughts on public platforms, partly to satisfy my desire to express myself, and partly to let the market help me verify whether I'm right or wrong.
Every decision involves real money being put on the line. Wrong? Lose money, cut losses, reflect, adjust. Right? Make money, hold on, review, upgrade my strategy. It's just that simple and straightforward.
To be honest, the money I made before was thanks to good luck and catching the right trends. Looking ahead, it's the same—it comes down to a bit of thinking, plus being able to seize the opportunity when it arrives.
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
9 Likes
Reward
9
5
Repost
Share
Comment
0/400
TopBuyerBottomSeller
· 12-06 14:58
Absolutely right, that's exactly how it should be done.
The time I lost money, I wrote a summary in the group right away. I felt super clear-headed when I cut my losses.
Luck really plays a big part, but luck without thinking is useless.
Seriously, reviewing openly is way more effective than keeping it to yourself.
That's the whole point of real trading—you can't fool the market or yourself.
When an opportunity comes, you really have to react fast, or it'll be gone in the blink of an eye.
View OriginalReply0
CommunitySlacker
· 12-06 14:41
Yeah, that's right. You have to treat money like test paper to know whether you're right or not.
View OriginalReply0
OPsychology
· 12-06 14:34
This is the real truth about making money, nothing fancy.
Absolutely right, it's at the moment of cutting losses that you truly learn something.
Luck? Rather than calling it luck, it's better to say it's about always being prepared and seizing the opportunity.
Just thinking about it is useless, you have to put your money in for it to count.
Reviewing your trades is the most crucial part; many people make money but don't reflect on it.
Same here, every time I make a mistake I take note of it, and now I fall into traps much less often.
View OriginalReply0
RegenRestorer
· 12-06 14:33
Put real money in, accept the loss if you lose—that's the attitude a true player should have.
I like to write my thoughts on public platforms, partly to satisfy my desire to express myself, and partly to let the market help me verify whether I'm right or wrong.
Every decision involves real money being put on the line. Wrong? Lose money, cut losses, reflect, adjust. Right? Make money, hold on, review, upgrade my strategy. It's just that simple and straightforward.
To be honest, the money I made before was thanks to good luck and catching the right trends. Looking ahead, it's the same—it comes down to a bit of thinking, plus being able to seize the opportunity when it arrives.