Let's talk about the perspectives people often bring up in trading
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Under various conditions, such as different market trends, timeframes, strategy logics, and technical analyses, everyone's view and perspective on the market varies.
TV is filled with people's opinions and perspectives on market trends. Some people seek validation from others, while some wish to share what they believe to be profitable opportunities and be appreciated for it.
Sharing perspectives sometimes tie down traders as well, limiting them to their own published analysis articles and ego, causing some people to be unwilling to admit their mistakes and seize the next trading opportunity.
Regardless of the validation of these opinions and perspectives, we must admit that every profitable trade has an element of "Luck" involved. "NO ONE WINS EVERYTRADE".
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"And what's more interesting Is that if you find two long-term, consistently profitable traders, they are very likely to have completely opposite views on the same trading product at the same time, but both of them still stay profit."
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I believe that when a mature trader being asked about their opinions or perspectives, they should be able to clearly differentiate between their views and their trading plans.
Possible question and responses include:
1. "Asked about the upcoming market trend"
I currently have a positive outlook for a specific period of time, believing that the market may rise (or fall). However, I'm not certain if I'm correct. If things go wrong, I will cut my losses according to my trading plan. Admitting mistakes and respecting the market. Search for the next trading opportunity.
2. "Asked about positions and trading opportunities"
I am temporarily trading "Target" in the direction of a rise (or fall), but I do not recommend anyone to follow my trade because I have no idea if my next trade will be profitable. What I do know is that I can achieve my deserved expected return through long-term trading.
3. "Asked about specific trading methods"
I cannot give you specific advice, as I don't know how much capital you have or how much risk you're willing to take. Everyone's pursuit of returns and tolerance for losses are different, which will be reflected in the trading strategies they use.
4. "Asked about medium to long-term future trends"
I am a trader, not a financial expert, and definitely not an economist. Predicting the future is too difficult, even for Nobel Prize-winning economists, who may not be able to forecast market trends right as well. So, what I can do is play the role of a good observer, watch price trends for potential trading opportunities, and make the most cost-effective trades or positive expected value trades.
5. "Asked about making money in short-term trading"
In the short term, there is a high probability that my trades will incur losses, and speculative trading can also result in terrible consecutive losses. However, I am fully aware of the expected win rate and returns for each trade. Through each trade, I accumulate expected value and manage my funds with proper risk control. I believe that time and a large number of trades will realize this expected value.
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This is also why I am not very willing to share trading opportunities directly.
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I am very clear that my trading pattern has a win rate of less than 45%, and I am quite certain that following my trades is more likely to lead you to stop-loss. More scenario below:
A. If I share an opportunity and make money by being right, there might still be people who lose money because they set different trading plan and can't tolerate fluctuations.
B. If I share an opportunity and lose money by being wrong, you could find me to blame. However, everyone needs to take responsibility for their own profits and losses because it's your money and your decisions.
C. If you follow my trading plan and gain profit. You learn nothing about it. Also one trade's win/loss most likely depands on "Luck". Not so much different from "Gamble".
Of course, occasionally drawing some charts to remind everyone of the current general trend direction is not a problem!
In the short term, "Luck" is essential for speculation, and I hope everyone can have good fortune.
.
.
.
I am Beta,
If my articles are helpful, please leave a "like" or "comment", and "follow me" for more good stuff.
.
.
.
Under various conditions, such as different market trends, timeframes, strategy logics, and technical analyses, everyone's view and perspective on the market varies.
TV is filled with people's opinions and perspectives on market trends. Some people seek validation from others, while some wish to share what they believe to be profitable opportunities and be appreciated for it.
Sharing perspectives sometimes tie down traders as well, limiting them to their own published analysis articles and ego, causing some people to be unwilling to admit their mistakes and seize the next trading opportunity.
Regardless of the validation of these opinions and perspectives, we must admit that every profitable trade has an element of "Luck" involved. "NO ONE WINS EVERYTRADE".
.
"And what's more interesting Is that if you find two long-term, consistently profitable traders, they are very likely to have completely opposite views on the same trading product at the same time, but both of them still stay profit."
.
.
.
I believe that when a mature trader being asked about their opinions or perspectives, they should be able to clearly differentiate between their views and their trading plans.
Possible question and responses include:
1. "Asked about the upcoming market trend"
I currently have a positive outlook for a specific period of time, believing that the market may rise (or fall). However, I'm not certain if I'm correct. If things go wrong, I will cut my losses according to my trading plan. Admitting mistakes and respecting the market. Search for the next trading opportunity.
2. "Asked about positions and trading opportunities"
I am temporarily trading "Target" in the direction of a rise (or fall), but I do not recommend anyone to follow my trade because I have no idea if my next trade will be profitable. What I do know is that I can achieve my deserved expected return through long-term trading.
3. "Asked about specific trading methods"
I cannot give you specific advice, as I don't know how much capital you have or how much risk you're willing to take. Everyone's pursuit of returns and tolerance for losses are different, which will be reflected in the trading strategies they use.
4. "Asked about medium to long-term future trends"
I am a trader, not a financial expert, and definitely not an economist. Predicting the future is too difficult, even for Nobel Prize-winning economists, who may not be able to forecast market trends right as well. So, what I can do is play the role of a good observer, watch price trends for potential trading opportunities, and make the most cost-effective trades or positive expected value trades.
5. "Asked about making money in short-term trading"
In the short term, there is a high probability that my trades will incur losses, and speculative trading can also result in terrible consecutive losses. However, I am fully aware of the expected win rate and returns for each trade. Through each trade, I accumulate expected value and manage my funds with proper risk control. I believe that time and a large number of trades will realize this expected value.
.
.
.
This is also why I am not very willing to share trading opportunities directly.
.
.
.
I am very clear that my trading pattern has a win rate of less than 45%, and I am quite certain that following my trades is more likely to lead you to stop-loss. More scenario below:
A. If I share an opportunity and make money by being right, there might still be people who lose money because they set different trading plan and can't tolerate fluctuations.
B. If I share an opportunity and lose money by being wrong, you could find me to blame. However, everyone needs to take responsibility for their own profits and losses because it's your money and your decisions.
C. If you follow my trading plan and gain profit. You learn nothing about it. Also one trade's win/loss most likely depands on "Luck". Not so much different from "Gamble".
Of course, occasionally drawing some charts to remind everyone of the current general trend direction is not a problem!
In the short term, "Luck" is essential for speculation, and I hope everyone can have good fortune.
.
.
.
I am Beta,
If my articles are helpful, please leave a "like" or "comment", and "follow me" for more good stuff.