致命错误（Fatal error）

致命错误（Fatal error） 致命错误(Fatal error) Fatal error 1: failed to stop quickly Successful trading, like successful life, is determined by the quality of our control over losses, not by the quality of our losses. If you really want to be a smart trader, learn how to make a professional loss by making it less expensive. That's the point. How to eliminate errors without quick stop loss 1, when things go bad, never start a deal before you decide where you should protect your boat. For example, never start a deal without setting up a stop loss. 2 always insist on your pre-set stop loss. The industry needless to say, but only a few aspiring traders can have enough self-discipline to achieve this point. Why is this so hard to do? Just because you're out of the stop is obvious. Admit you're wrong. This behavior does not bring warmth or pride, nor does it foster confidence in a person. But the real masters of the trade have learned to overcome them. They have become experts at stopping at dizzying speeds. They do so because they have developed an intolerable feeling about the positions they do not work for, and will kill them when trouble arises. (dismissal of an unlimited position) 3, if you have difficulty sticking to your stop, get into the habit of selling your half an inch. It satisfies two opposing impulses, the impulse to fall from a falling position, and the urge to give up a fall position. By dividing the problem into two, traders usually get a greater degree of concentration and concentration. Psychologically, traders find that their situation is not so difficult, so it will feel better. How to deal with the remaining half of the problem still exists, but because half of the problem is no longer exist, it is easier to come up with a workable solution. Fatal error 2: count the money A constant scrutiny of a deal is a devastating activity that could rob traders of years of profits. This process, often called "counting money", not only increases fears, but also increases uncertainty at each moment, and makes it impossible to concentrate on the right technology. And the right technology ultimately determines how much we can make. The idea of being too focused on where you are, rather than doing what you should do, can lead to unwise, unfounded, subconscious, and quick reactions. Instead, traders must be sure that each step is correct, and that profits will come naturally if they are properly followed. "Counting money" is often the fault of traders who are not accustomed to making regular profits. Not only does it rob traders of considerable gains, but it also contributes to long-term uncertainty, the fear of loss, and an imbalance of mood that can lead to destructive behavior. How to overcome the problem of counting money? 1, for each transaction, set two protective selling prices and sell all your positions. Every transaction you do should have an entry point and two market points, that is, stops and goals. Stops are for protection, and the goal is to make a profit. 2, sell only when your position reaches a stop or target point, no matter which one occurs before. Adhering to this principle, traders place the fate of each transaction on their trading strategy rather than on their own greed or fear. 3, when you want to sell at any point before the desire to sell can not be restrained, only sell half, retain the remaining half until the strategic permission to sell points. In this way, you satisfy your desire to sell, while retaining the integrity of your trading strategy. Fatal error 3: conversion time frame Not one cycle begins at the precise point at the end of another cycle, but coincides at the intersection. This narrowing is one of the most common mistakes that many market participants will make: buy in a time frame and sell at another time frame. The issue of the "transition" time frame is only one reason to ignore the stop loss, and stop loss is the only protection against disaster. By switching from one time frame to another, traders postpone the ultimate feeling of being a loser. Use a fragile plan to cover their failures and paralyze yourself by cultivating false hopes into a deadly denial. Traders who make such mistakes are not in fact suitable for trading, and the market will not tolerate them pretending too long. Ultimately, mistakes in the time frame will erode the trader's resolve and deprive them of their ability to think and act freely, They are forever relegated to miserable victims. How do I eliminate errors in the conversion time frame? The fatal error of this conversion time frame is that it cannot be allowed to exist and must be completely removed, because every time a mistake is made it will lower the level of the trader, and once the habit is formed, it will be difficult to break. 1, if you buy within a timeframe, be sure to set up your selling point in the same timeframe 2, as many (empty) when not down (on) (the city adjust the stop point 1), which is a major signal you make the conversion time frame error. The correct use of words, upward adjustment protection benefits can be. But adjusting down stops is meaningless and can make you less willing to do what you're supposed to do. Once you take this action, you will do it again and again and three until stop stops lose the ability to protect you from disaster. These two methods will easily prevent you from committing fatal errors in converting the time frame. Fatal error 4: need to know more It is natural for us to need certainty before we act. But the truth of the matter is that opportunities for wealth are always given to those who do not need to know more and can act wisely. Market is ahead, big profits always appear before the fact comes. Before you make a bet, the more you want to know, the more you'll always be a step backward and always on the wrong side of the market. Those who need no more information need to be bound to act freely. When they really understand the wisdom of uncertainty, they become chart makers rather than chart readers. So the point is that you can't afford to trade as you want to know more, because by the time you know all the facts, the chance has already run. "Need to know more" is a fatal mistake; a failure to take action at the time of action; a mistake that encourages you to act precisely when not to take action. We play the odds, not the fortune telling, and traders who never trade until all the facts are clear will never succeed. How to eliminate the "need to know too much" error? 1, don't follow the heels of good news 2 use charts to form your decision to buy and sell 3, if you find yourself hesitating about wanting to know more, stop and ask yourself, "is what I am looking for necessary for the transaction, or am I just looking for a more comfortable feeling?"" This problem will end the hectic behavior. Fatal error 5: too opinionated When the market is very good to you, and everything is favorable to your trading, you can not escape from the destruction of the hands of negligence. When a series of profits drum up your wallet, you must do your best to protect your hard-earned income and keep a clear head that helps you generate these benefits. Unfortunately, every production to will usually reduce a person's awareness of being aware of continuous profit, because this complacency has stepped in. Many novices do not understand this because they fail to recognize that some of the characteristics of the market environment they are familiar with will change after a considerable period of time. In fact, in many cases, the market environment and the opportunities it has brought about have changed. It is no longer the market on which the trader began trading on the first day. It has different characteristics, and a series of different opportunities. However, just as the market is about to change, traders without reports of acceptance are beginning to become complacent, raise their stakes and gamble. Without realizing that the environment that brought him a series of victories was no longer there How to eliminate "too presumptuous" mistake? Learn to step back after every successive gain 1, reduce your bargaining chip by half 2, reduce the frequency of transactions Fatal error 6: profit in the wrong way We all know that money can be earned in an honest and honest way. On the other hand, we also know that it can be obtained in an dishonest and shameful way. The end result may be the same, but the means of getting money may be very different. It's like asking a heart surgeon and a drug dealer to earn as much money as they can. Of course not. The same is true in the trading world. Many novice traders are not aware that it is possible to make a profit on the market in the wrong way. Think of people who don't stick to protective stops in one inch, and they might end up making money in the deal. They don't know they're guilty of it, and the punishment comes along. These people appreciate the false sense of success that the market will recover sooner or later. What do you think they will do next time they are trading in a protective stop? Of course, ignore the stops again. Making money in the wrong way strengthens bad habits and irresponsible behavior. Once tasted the taste of success of traders from the wrong way, they almost always want to repeat this mistake until the wrong way to impress. Themselves, and recover the obtained due to incorrect way of money even more money. Trading masters are not interested in good luck in the market. They don't pursue, hope, or enjoy, even if they make mistakes, take the wrong deal and do what they have yet to come. A truly profitable trader is ideal for having no gifts on the market. Correct actions and correct methods do not always make profits for honest traders, but one thing is certain. Repeated false actions will eventually lead to the demise of an idle trader. Make sure you make a profit in the right way. How to eliminate the wrong way to make profits 1, after each profitable transaction, review each aspect of the transaction: buy, initial stop loss, wait, fund management, sell, etc., to find the wrong and break the rules. &S226; &S226; &S226; a key issue is the feeling of winners who are not associated with real profit trading. Whenever traders allow themselves to feel like winners in a transaction, and in fact, that is not really a victory, they convey a message that what is done is right and good. This will reinforce the wrong behavior and encourage one to repeat the mistakes. Needless to say, mistakes will eventually catch the trader. 2, realize the two evil habits - hope and hold. Is the two culprit that leads to profit in the wrong way. Fatal error 7: make it reasonable Let's see if you can hit where the trader is doing wrong in the following scenes. An exciting trader found a good deal in a intraday trading chart. It all looks very fit, and all the indexes in the market after an afternoon of consolidation in a particularly active trading day began to perk up. Then, touched the market point. The trader performed the operation and concluded the deal. After a short transaction, suddenly began to turn around, down, spit out short-term profits, and now is entering the market consolidation. "What happened?"" Traders think. "It's very funny!" The rise in the afternoon is now completely evaporating and the market is clearly weak and vindictive. Now his stop is only one point. Traders began to search for clues about why the perfect market began to fall. After checking all the news (without news), the trader checked the daily chart. Yes, the daily chart looks good. Really good." He commented, "I want to move the stops down to their lowest point today.". Yes, it can't fall below this point." 10 minutes later, the new stop was broken as the perfect market species brought his money to the South pole. Confused, the trader lost his position and could not believe he had lost so much. What did the trader do wrong? Does the trader ignore the weakness of the developing market? Not exactly. The trader made three fatal mistakes: 1, conversion time frame. Select and buy based day based on a day by the exit entry point and a tight days, converted to a daily chart and the daily adjustment stops completely changed based on the initial transaction, is the initial inclination the risk / reward ratio to the trader is not conducive to the direction of. 2, the deal was planned, but no trading plan was carried out. It is absolutely essential to stick to the initial plan, no matter what time frame it is. The failure to execute a trading plan puts you in the market's favor and erodes the necessary confidence in effective trading. 3, rationalization. The psychological foundations of the other two errors rationalize the timing frame and the changes in the plan, the form of denial and the denial of what is happening. Honesty: honesty, whatever the truth will make you ugly -- on the majority of market participants, these people can not arouse the force from the heart, instead prefer to maintain a comfortable state, their loss is attributed to something or someone apart from them. If you want to get close to the market with wisdom, it is necessary to plan every transaction. Most unsuccessful traders drive by feeling,