Because of the different trading environment, our attitude towards them is also very different. For firm accounts, we tend to pay too much attention to our own transactions, while for simulated accounts, we don't care too much, and they are often in a random state, and even the final profit is often brought in a dramatic way, such as coincidence. So now I'll teach you how to analyze the specific reasons for making money by simulation from the profit situation, and correct it in time to earn the money we should earn.
First, when there are mistakes in the market, we should persist in resisting profit.
When operating the simulated market, most traders have no pressure in their hearts. Once quilted, you don't look at the market very much. After a while, they will get it back and even make a profit. Repeatedly, the account will naturally grow, but it is different in the real market. Most people usually make a small profit, but in the end, when they encounter unilateral or extreme market, they don't know the stop loss, thus amplifying the loss and ending it.
Second, do it when there is a big market, and the profit is temporary.
When I was doing the simulation, I happened to meet a wave of market, or I did it blindly and randomly, just following the market at that time. After doing it for two months, I found that the account was profitable. I can make a profit, which proves that I have the ability to make a profit, and my confidence is greatly increased. So I feel that the market is my own ATM, and I can live and make a fortune here. Making money here is relatively easy. Firm offer is long-term or even permanent, spanning multiple cycles and experiencing various complex trends. Not having experienced a cycle is not enough to explain any problem, let alone a few short months.
Third, the analog disk can always change accounts until an account is profitable.
I made a simulation disk and encountered continuous losses. In order to improve my confidence and find it back, I simply gave up my loss-making simulated account. If you find that if you continue to lose money and can't earn it back, it will affect your mood, then change your account. If you still lose money, then change another one. Finally, it was not until I changed my simulated account and made money that I announced that I could make simulated profits.
In short: in a word, the simulation is others', and the real discount is your own. The strategy of simulating profit under account transactions may not be effective in the operation of real accounts. Moreover, it is difficult to switch from simulated trading to real trading, which often leads to losses, but it should not stop you from moving forward. You just need to be careful, have a sense that the process is greater than the income, focus on sticking to the plan and implementing appropriate risk management, and ensure that you can bear the loss of trading funds, which will relieve some pressure and help you focus on your trading better.
Let's call it a day. I hope it can help investors who want to do foreign exchange transactions. Remember to pay attention to us if you want to learn other foreign exchange knowledge. We will provide you with more foreign exchange market analysis, consultation and technical guidance services.
The following is the analyst's interpretation of today's crude oil gold trend, hoping to help investors, and we will make the service perfect.
Crude oil is directly short near 57.7-57.8, with a strict stop loss of 58.2, a target of 57, and a break of 56.3-56; for reference only
Gold risk warning, all the empty orders in the previous period left. Wait and see! for reference only