In the process of trading, we all know the uncertainty of market volatility, that is to say, no matter what you do, the result will be profit and loss. There is no way or technology or trading system to guarantee that your transaction must be Profitable. Both the market and the transaction have randomness and uncertainty in the process, but in this process, one thing is certain, that is, how much money you lose, you can make the final decision. This is the basic trading discipline. Strictly control losses.
Therefore, the transaction does not have to comply with transaction discipline, but to comply with correct transaction discipline. So what are the correct trading disciplines? There are many issues related to ideas, and many of them are old-fashioned, but how to do it specifically requires us to constantly explore, think, and establish the correct The values, trading view, market view and system view of the company, so we must establish the correct trading philosophy before this.
After you have the correct trading concept, the trading discipline you develop is meaningful. At this time, you only need to follow your trading discipline, gradually improve and optimize according to your personal personality, and then gradually take shape. After that, you will form If the correct trading discipline is established, then follow it and execute it.
In fact, from this point of view, trading is not difficult. The difficulty lies in people's hearts, and the difficulty lies in human nature. It is because people themselves think that transactions are too complicated. Take the same trading system, different people, because of different personalities, the results of execution are different. Some people may enter the market prematurely because they are too anxious and ignore the trading discipline, or they may leave the market early because of the psychological pressure of holding positions at the beginning of the market, or your trend definition defines the current trend as an upside. But you can't fully execute the direction that the system gives you but you want to go short. These are all because you haven't implemented good trading discipline.
The first is the trading concept. The formation of the correct trading concept takes a long time, because what kind of concept is correct is itself a controversial topic. But it is not difficult to achieve this, because the core of the transaction is to make a profit. Take advantage of the trend, cut losses, and let profits surge. It can be said that before reaching profitability, all work is carried out around these two sentences. As for how you define the trend, how to enter the market, and how to leave the market, this is not the most The most important thing is that you have your own discipline and principles, because this is the lifeline and bottom line of a trader. If a trader loses the bottom line and principles, without trading discipline, then the transaction will fall into uncertainty again .
Only if you have your own system and your own trading discipline, all your actions will be justified. At this time, trading is benign. Don't worry about short-term losses, because as long as your trading logic is not a problem, Strictly enforce your own trading discipline, and profit is only a matter of time.
Why do most people end up leaving the market at a loss, because you are always eager to make money based on your holdings, and you don't have the patience to wait for the market to signal that you enter the market early. Therefore, insisting on trading discipline allows traders to keep their sense. In this market, if you lose your sense, what is waiting for you can only be endless losses. If you do not have the patience to wait for the signal within your trading discipline to appear in the market, then when the market goes out After unexpected market conditions, you will often stop losses because of fear, or give up the principle of stop loss after continuous stop loss and allow the loss to be further amplified.
But all these problems can be solved by observing trading disciplines. When your trading philosophy, every link of the trading system can be constrained by trading disciplines, and you continue to implement and strengthen them, then you can Do more with less, even if you lose money, you can accept it calmly. Profits are built-in by the system signal. Only under the constraints of discipline can you better give play to your trading ideas and trading ideas.
The difference between a master and a rookie is that masters have strict trading disciplines and can fully execute their own trading plans. Although they can continue to output profits, they do not need to take too much risk, because the core of master trading is to follow their own The trading discipline and trading plan continue to wait and seize the best trading opportunities for them. Patiently waiting for the opportunity to appear, and then swiftly attacking, a fatal blow, waiting patiently, waiting for the system to send a signal, and strictly implementing the signal is an important criterion to distinguish a master from a rookie.
Novices are typically unorganized, undisciplined, will not wait, have no patience, want to trade at any time, do not implement their own trading plan after the transaction, and also have no trading discipline, even if they have, they will be in the process of trading Disregarding trading discipline.
Therefore, in order to do a good job in trading, you need to constantly understand the market, identify those high-probability profit opportunities, and then keep waiting for such opportunities to appear in the transaction. This is the most basic trading discipline. Observe this trading discipline. Consistently trade those high-probability opportunities, and formulate an executable trading plan to ensure that your execution is the key to making big and small losses.
Whether it is intraday trading, swing trading, or trend trading, it is necessary to formulate trading disciplines that belong to this trading framework, continue to implement, feedback, and strengthen, and ultimately achieve the goal of profitability.
