It took me two years to make a steady profit, and I took many detours in the middle, and I found that most of the people I knew made a profit after trading for more than two years.
But I found a very serious problem in it, that is, we and they were misled by market makers and took many detours. If I avoid these detours, I find that I can become a mature trader in a year at most.
If you want to become a trader quickly. I can give you some advice here to avoid detours. Please see my article for details. Here is a simple way to help you clear your mind about becoming a successful trader.
1 Don't read books on technical indicators, such as Gann theory, wave theory, moving averages, bollinger bands, etc. Don't study all indicators.
Reason: In fact, the essence of trading is gambling, so the platform exchange hopes that traders will lose as much as possible, because if you lose, they will make money. Maybe you can't understand this sentence, but you can understand it through more study. Anyway, just trust me. It is these books that mislead traders. Therefore, after you open an account, you can't learn all the technical instructions given by the platform manufacturer.
Since indicators can't be learned, it is necessary to understand the basic form of trends, because trading trends are made up of those, which is the most direct reflection of prices. In my eyes, trends are composed of highs, lows and time. Then what is the composition of the high and low points and how to go with time. Actually, this is very simple. It's all in my article.
Understand that this market is a zero-sum game, that is to say, the value has neither increased nor decreased, that is to say, if you do it blindly with your eyes closed, you will not lose money (don't care about the poor price difference). The reason for losing money in this market is unprincipled. In other words, principled traders are making money from unprincipled traders. And most of this world is unprincipled people. People who want to eat fat people. So you should learn the principle of cultivation.
In fact, the training principle is to establish your own trading system. The establishment of the trading system is based on the familiarity with the trend chart. In fact, it is super simple to build a system that doesn't owe money, but you have to go through a long period of self-test to build a system that makes money.
There is money management in the trading system. Success or failure depends on your risk control. Money management is actually very simple. However, many people bet at will because of the negligence of mentality.
6 manage your own mentality. Managing your own mentality is actually to unswervingly abide by your own trading system. You cannot place an order because the trend does not conform to the system rules for a long time. You can't suddenly have a heavy position because of continuous losses. But this is a necessary exercise process for beginners. Many people earned several times in the early stage, and then a single explosion was unbearable.
When you trade for several years, you will find that trading is actually sticking to your own trading principles. Even you will find that the trend is simply a simple line. You don't have to think about anything. Then you become a million-dollar well-off life like me.