1, sustained losses lead to the explosion stage.

At this stage, the technology is poor and the mentality is even worse. At the beginning, I may listen to the predecessors of the light warehouse, but by feeling, I will generally not make a profit, but if I am lucky, I may make a profit for several days. Because I don't understand the depth of the market, I usually enter the market after several days of profit. As a result, I broke the position in one fell swoop and regretted it. For people with different comprehension abilities, this process should be repeated different times.

2. There is a continuous short-selling stage of profit and loss, but in the end it still loses money (there is profit in the middle and it is possible to extract profit).

At this stage, I learned some lessons from the previous stage. I believe that technology speculators have learned some technologies, and after believing in the fundamental information response, they have also begun to analyze the fundamentals and have a little feeling about grasping the market. At this time, the profitable trading has been relatively improved, but the speculators who study technology are still immature, the analytical ability of traders who study fundamentals is still insufficient, and their mentality has not been adjusted. Therefore, the relatively profitable transactions have increased significantly compared with the first stage, and their bad mentality will inevitably make them not pay attention to fund management and still attack on a large scale, with the same result as the first stage.

3. There are gains and losses. After the profit is extracted, it continues to explode, but the overall profit (the overall profit is very unstable and the profit is not much).

At this stage, the technical school is technically mature, the analytical ability of the basic school has also been greatly improved, and most of the time it can control its own mentality. However, at this stage, it is forced to suppress one's own impulse, which leads to the result that trading profit sheets account for the vast majority of trading loss sheets, and the mentality of forcibly suppressing fund management will inevitably lead to generate's impulse suddenly within a certain period of time, and as a result, a single heavy position may be returned to the original point, or most of the profits may be lost.

4. Thanks to the low profit, part of the profit is extracted on time when it is profitable, and the profit stage continues to be stable.

This stage has greatly improved, and the control of mentality has become a natural adjustment. They can calmly wait and screen many specious opportunities, and they will enter the market only after analyzing clearly. They can calmly look at profits and losses. The control of positions has also formed a relatively fixed proportion. In other words, they have formed a set of fixed trading modes and systems. What they need to do is to stick to their own principles and trade completely according to their own tailor-made trading system, so as to obtain stable and sustainable profits.