The growth inspiration record from intern to senior big coffee
2024-03-14
The protagonist we want to share today, Mr. He, is a senior trader with a 10-year trading story. Three months before graduating from his senior year, facing the pressure of employment, he entered a financial company as a trading intern, just to find a stable job. He only slept for three hours a day, and after a month, he stood out from 30 intern traders and was successfully retained by the company.
From a novice intern to a senior big shot, what kind of growth story will he bring to us? The editor will explore his trading path with you.
Courage is the best teacher for excellent traders.
"It's important to take the first step. Regardless of whether the major is suitable or not, talk about other things after getting a job," Mr. He recalled. The trading industry, as he began to understand, can achieve high returns, but it is not so simple, or even, it is really too difficult. Even after more than ten years in the industry with a stable annual income of millions of assets, his expression is still very serious when talking about trading.
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I first entered this industry for the fast money advertised, and it is indeed a place that exercises ability. The company allocates different funds based on the profitability and status of each trader, and my initial account was 20,000, with a stop loss of 200. That is to say, if the loss reaches 200, I can't do it anymore that day.
In the early stage, like most beginners, I chased after the teacher to ask for a quick way to become a trading expert. In fact, during the entire apprenticeship, the teacher did not verbally guide me. He let me watch his operation, not asking, only watching, watching both profits and losses. When people are forced to the extreme, they can always burst out with amazing potential. At that time, I only slept for three hours a day, and the rest of the time was spent on the market. I came up with the most stupid and most intuitive method, which is to remember the trend patterns. If I can't see the pattern that can make me profitable, I will not do it. I found the entry point and stop loss position, and in five consecutive days, I made a total of 28 trades, with only 5 stop losses. I understood what probability is. At this time, the teacher said a word - a bit on the road, which gave me great encouragement, and the pressure also increased.
Under high pressure, I persisted for a month, and the boss said lightly: you can stay, and the account increased to 50,000. It is this month's experience that I gradually realized that the profit-taking position is the position to reduce positions and open positions in the opposite direction. Although there is a drawback in the single profit, such an exit is reasonable.
These seem simple, but in fact, they are not simple. When is the best exit position for each order? When is the best entry point? It is said that we should follow the trend and go with the trend, what is the basis for distinguishing? Of course, I didn't fully understand at the time, these are slowly summarized later.Patiently Wait for Good Entry Positions
In trading, many traders, including myself in the past, have encountered the process of being repeatedly trapped. At this time, it often leads to tremendous psychological pressure on traders, and the lack of rational judgment and decision-making ability will bring greater losses.
In fact, after years of accumulation, being trapped is not terrible. It is very simple to reduce this problem from the root, that is, to reduce the frequency of entry and wait patiently for good opportunities to enter. Don't worry about opportunities slipping away, good trading opportunities are endless, you just need to wait patiently.
Technical Analysis is the Strong Force in Trading
Don't believe in the misleading information that technology only accounts for 20%. Some traders will summarize that technical analysis is not important, or even that success can be achieved without technology, based on their own performance in a certain time, which is not referential. At this time, you need to learn to distinguish, with the enrichment of trading experience, you will find the answer. There are some lucky elements in trading, but you have to believe that good luck will not visit every time, and doing a good job in technical analysis is considered to be a strong force.
Pursuing excellent technical analysis is like being an engineer who is constantly moving towards excellence and striving for perfection. You need to pursue more excellent and effective technical analysis. If you don't believe in technical analysis, I can only say that you are not on the right path in the road of technical analysis, or you are heading towards a misunderstanding.
Continuously Adjusting Psychology is a Required Course in Trading
Of course, this does not mean that trading psychology, risk control, discipline, etc., are not important. They are integrated and not contradictory. As the saying goes, the market is like a battlefield. As the commander of the trading army, you need to use technical analysis to prepare, and only then can you have the probability of winning in the treacherous market.
My experience when I first entered the trading industry is still vivid, thrilling, exciting, hesitating, and painful. These are the paths that every trader must go through. Imagine if I hadn't persisted at that time, I might not be engaged in this industry now, at most, I would be an amateur retail investor.
Once again, I advise all novice traders that the biggest enemy you face in trading is not the market but yourself. The essence of trading is a test of human nature. Fear and greed are required courses for all financial investments. Often, successful traders are those with relatively complete personalities. Therefore, I also constantly remind myself to learn from the strengths and weaknesses, and never lose myself in trading. There is a saying that character determines destiny, which is the truth.
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