Long-term and medium-term trading pursues trends, thinking that trends are their only real friends and the source of their profits. He doesn't pay attention to the intraday fluctuation of the price, and thinks that the intraday fluctuation of the price has almost nothing to do with himself. This will also make people feel that you are insensitive, even like a fool. He doesn't care what the market will do the next day. He only cares about whether the trend is over. The endurance of long-term traders' positions is by no means beyond the understanding of ordinary investors, nor can ordinary investors bear it. There is a misunderstanding in the market that long-term and medium-term traders can hold positions for a long time because they can predict the market trend and end point, so they can safely hold them for a long time! This is a big misunderstanding! In fact, long-term traders don't know the future trend of the market as well as you do. He just follows the rules and follows the trend.
Discipline and long-term positions must endure the pain that ordinary people don't understand. It can be said that long-term profit is the result of long-term market torture! Large fluctuations in the market can easily eat up most of the profits of the original position. The most unbearable thing is that this kind of return is often what you think will happen, that is to say, you watch the profits go back, just like someone takes your money when you are prepared. Do you understand this pain? Can you accept it? Long-term and medium-term traders have to give up many profit opportunities that they think are inevitable in exchange for long-term profits. In addition, there are few trading opportunities in the medium and long term, and the market is in shock for most of the year. In the shock, long-term and medium-term traders have been losing money, and when they make a profit, they often turn into losses. This kind of torture is enough to hit anyone! At the same time, the market sometimes makes drastic adjustments, which indicates the end of the trend. You were also forced to close your position after losing a lot of profits, and then the market moved in the original direction. At this time, you must have superhuman courage and perseverance to re-enter the market. These situations are easier said than done. Indeed, the most important thing in medium and long-term trading is to remain objective and observe discipline. Many times you should give up your fresh ideas and judgments, but ending a successful long-term position can get enviable returns, which is also the reason why long-term trading is desirable. Long-term trading has one of the biggest characteristics: small losses win big, he does not pay attention to the proportion of times of profit and loss, but attaches importance to the quality of profit and loss, which is the most essential difference between him and short-term trading.
Short-term operation
Almost all investors' foreign exchange trading career starts from the short-term way of fast-forward and fast-out, but this is not a real short-term trading, which is different from the real short-term trading in form and spirit. Most investors may have experienced this similar but different trading state, and he also thinks it is short-term trading. However, real short-term trading is like making money in a game, and short-term trading with different forms and different spirits is like spending money in a game, which is completely different. Successful short-term trading is like making money in the game, but it is not easy to make money in the game!
Short-term trading mainly depends on investors' sense of disk, rather than rational analysis of a large number of fundamental information. The fluctuation of price in a day mainly comes from the emotions and psychology of traders and the role of funds, especially in the volatile market, which is also an ideal market for short-term traders. And a good sense of disk can not be formed overnight, it needs to pay a huge or even painful price! Short-term trading is easy to imitate, but not easy to succeed! Because short-term trading needs investors' hearts to match the fluctuation rhythm of the market, at least in most cases. Short-term trading has very high requirements for investors. There is no room for hesitation in entering and leaving the market. Winning or losing often depends on one thing. The sensitivity of quick stop-loss and profit-taking liquidation will exceed the imagination of ordinary investors. Short-term trading seems easy to succeed, but it is difficult. You can even trade with a short-term trader, but in the end he will make you lose money. Normal people use their brains to decide their actions, while short-term traders use their hearts to decide their actions, which can even be said to be the first or instinctive reaction to trading. Short-term trading does not need universally recognized reasons. It is a physical and mental behavior, an art and a realm. You can sum it up, but it is difficult to reach its height. The mode of short-term trading is only suitable for oneself, and it is difficult to organize it into teaching materials.
Successful short-term trading is a happy trading, a trading that makes money in the game, and a short-term trading that imitates people is a trading that tortures people and spends money on playing games. Successful short-term trading needs long-term trading experience accumulation, not reading books to learn, learning is not knowledge but ability and comprehensive quality. Successful short-term traders are like top artists, easy to imitate but difficult to reach their level. But the pleasure of playing games will lead most people to choose short-term trading with similar appearance but different spirit. They are spending money to play a game with a low probability of success until they run out of money.