Actually, trading is the same principle as fishing. When you arrive at the riverbank, you can't just cast your line randomly. First, choose the right fishing spot, prepare the bait well, then hang the appropriate bait, and patiently wait for the fish to bite. If there's no catch for a long time, don't get anxious. Adjust your line setup in time, change the bait, and respond flexibly. Avoid reckless casting or messing around.
The same applies to trading. Before entering a position, select a suitable entry point and avoid blindly chasing gains or selling in panic. After entering the market, there's no need to stare at the charts anxiously. Instead, adjust your strategy promptly based on market changes. Stick to your plan when necessary, and make adjustments when needed. Quietly wait for the market to reach your target.
The biggest taboo in trading is an unstable mindset. Just like getting impatient when fishing without a bite, when the market fluctuates, you can lose your composure. Letting emotions take over leads to frequent trades, chasing highs, and cutting losses, ultimately ending up empty-handed. Those who truly know how to fish can stay calm, and those who are good at trading can keep a steady mindset.
Let your thinking follow the market trend, and don't let emotions control your actions. Stick to discipline, adapt flexibly, and profits will naturally be like fish on the hook—steadily caught. $BTC
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Actually, trading is the same principle as fishing. When you arrive at the riverbank, you can't just cast your line randomly. First, choose the right fishing spot, prepare the bait well, then hang the appropriate bait, and patiently wait for the fish to bite. If there's no catch for a long time, don't get anxious. Adjust your line setup in time, change the bait, and respond flexibly. Avoid reckless casting or messing around.
The same applies to trading. Before entering a position, select a suitable entry point and avoid blindly chasing gains or selling in panic. After entering the market, there's no need to stare at the charts anxiously. Instead, adjust your strategy promptly based on market changes. Stick to your plan when necessary, and make adjustments when needed. Quietly wait for the market to reach your target.
The biggest taboo in trading is an unstable mindset. Just like getting impatient when fishing without a bite, when the market fluctuates, you can lose your composure. Letting emotions take over leads to frequent trades, chasing highs, and cutting losses, ultimately ending up empty-handed. Those who truly know how to fish can stay calm, and those who are good at trading can keep a steady mindset.
Let your thinking follow the market trend, and don't let emotions control your actions. Stick to discipline, adapt flexibly, and profits will naturally be like fish on the hook—steadily caught. $BTC