First, the biggest help for everyone to trade is not to provide a strategy to make money, but to correct bad practices and establish correct habits. When most people attend class Q&A or live lectures, they basically come for the night or recent trading strategy, hoping to make a quick profit. I don't object to this idea, so I try to provide trading strategies in lectures and questions and answers, and try to instill correct trading habits and analytical ideas while providing trading strategies, hoping to give some guidance. If correct trading habits are not established, from my trading experience, profit is still just an unreachable dream for most people. The most basic habit is: trading must not be arbitrary, and people cannot surpass the market. Second, there are not so many opportunities to really make money. Many people think so: "The foreign exchange market is full of opportunities every day, and there are many opportunities to make money every day." There is nothing wrong with this statement. The foreign exchange market operates 24 hours a day, allowing two-way trading and real-time trading. In theory, there should be countless ultra-short-term opportunities every day. But what about the essence? What if you add a condition to countless opportunities: require risk control? There are not so many opportunities. The problem of many people is that they only see opportunities and never look at how much risk they need to pay for this opportunity. Even blindly because an expert said that a certain currency was going to rise, he bought at no cost and kept adding positions, no matter how much he had to adjust back. This is also one of the main reasons why many people broke positions in this year's non-American bull market. Third, there is no stop loss until the account can't bear it. This is the most important reason why many people are short positions this year. This year, we have seen too many investors with short positions above 1000. Many people say that there will be no stop loss, so there will be no stop loss. In fact, the fundamental problem is that they are psychologically unwilling to set a stop loss, unwilling to bear small losses, unwilling to admit their mistakes to the market "prematurely", and constantly use "The market has risen so much, must it be adjusted back?" Comfort yourself with such words. The market will never stop rising because it rises too much, nor will it stop falling because it falls too much. This is the principled viewpoint I absorbed when I first studied technical analysis, and it is actually the basic principle of Dow theory: trend. Many people only pay attention to one-sided skills, such as spending a lot of energy to predict and operate a rebound, but forget the root of technical analysis-Dow theory. Fourth, trading for trading Many people want to trade as long as they are watching the market. If you don't see an opportunity, you have to find yourself an opportunity that may have a profit of 10. After all, even if the United States is closed, the market fluctuation will exceed 10. The purpose of trading is to make money, so the opportunity you choose should be one that can generate profits, rather than trading at any time, because reasonable opportunities to make money are by no means available at any time. Anyone's cognitive ability is limited, and the foreign exchange market is infinite. We are analyzing the infinite market with finite laws. 5. pin your hopes on others. Some investors always pin their hopes on others, perhaps because they can't analyze, or because they have no confidence in their own analysis. But as long as others say it, especially an expert, or most people are saying it, they firmly believe it and even follow it without controlling the risk. The intransitive verb subjectively anticipates the market VII. Having a complete plan before entering the market without a trading plan allows us to comprehensively analyze the market from an objective perspective and formulate a relatively objective trading plan, so that the success rate will be higher. Eight, can't hold the list, run when you see the profit, there will be too many such situations when you lose money, which is often the case for people who have just made a deal. Changing this situation is also changing your habit, that is, sticking to the integrity of the trading plan. Now that the plan has been formed, strict implementation is also a part of the integrity of the plan. If you always want to "in case …", it is impossible to hold the list. The market is always in case, and the stop loss is just to prevent it. Since the stop loss is set, we have to wait for another 9999. Nine, there is no trading discipline at all. There are too many weaknesses in human nature, which everyone has and cannot be completely overcome. What do we do? Depending on discipline, trading is regarded as a war and a cause that needs painstaking efforts. There is a lot of iron discipline in it, which strictly limits what you can't do under any circumstances. For example, my trading system clearly stipulates that "as long as you lose 1 time on the same day, you will never make a second transaction on the same day"; "Never buy when the kinetic energy is strong"; "The monthly profit exceeds 20%, and the rest months are forced to rest" and so on. Ten, learning is not once and for all, learning is a long-term thing. Many investors expressed their interest in learning during their tenure, hoping to learn foreign exchange trading systematically. That's a good idea. You need to stick to it. Judging from the development of China stock market in the past ten years, China investors generally lack the awareness of learning, do not feel that they should study, and often think that they are smarter than others, and they can make money if others can make money. Nowhere in the world is it so easy to make money.