首页
登录
职称英语
[originaltext] Hello, everyone. I feel happy to be here. There is an old say
[originaltext] Hello, everyone. I feel happy to be here. There is an old say
游客
2023-08-05
46
管理
问题
Hello, everyone. I feel happy to be here. There is an old saying that the market is driven by fear and greed. Anyone that has placed more than a couple of trades will surely have experienced these two emotions.
All traders experience emotion. The distinction between a successful trader and an unsuccessful trader comes down to how they deal with that emotion. Let’s look at how these emotions affect a successful trader and an unsuccessful trader in various scenarios:
The trader’s three previous trades have been losers. The unsuccessful trader will consider this before placing his next trade and be fearful that this trade will also end up a loser. This might result in a delay in placing the trade whilst waiting for the price to confirm that they were right—thus missing a perfectly good entry. They might suddenly discover that some other factor, previously unconsidered, is a reason not to enter the trade at all. Basically they will be fearful of another loss.
The successful trader will have tested their strategy extensively and will be aware that a series of losing trades is very probable. They will also measure their success on whether they place the trade according to their system rather than whether it is purely a winner or a loser. They trust their system and place the trade when the setup occurs. The fear is removed from the trade because they know that several losers in a row are to be expected.
Once a trade is entered it immediately moves against the trader. The unsuccessful trader will fear that they have made a mistake. They fear making another loss so they wait and hope that the market moves back in their favour. The fear of taking another loss now controls their trading decisions, they might move their stop further out so the market doesn’t take them out for a loss. They might ignore the trade, hoping that it will get back to at least breakeven—the day-trade becomes a position trade of a few days and then it becomes a long term " buy and hold" strategy.
The successful trader, of course, will know from extensive testing of his system that such trades happen and that the trade might come round or it might hit the stop. His stop is in place and it will remain in place—the system dictates where the stop is, not the trader’s fears. The successful trader has set a target, either a certain price or a timed exit and will stick to it. If the trade only takes 5 minutes then that’s just great, there’s plenty that won’t. Fear and greed are human emotions—we can’t do anything about that. But, when it comes to trading we need a way to control those emotions.
Thank you for listening. You are welcome to ask any questions now.
Questions 23 to 25 are based on the recording you have just heard.
23.What distinguishes a successful trader and an unsuccessful trader?
24.What may make an unsuccessful trader lose again?
25.What do successful traders think of losing trades?
选项
A、They do not make any changes about the trading skills.
B、They realize the factors of a successful trade too late.
C、They care too much about the previous failures.
D、They do not know how to communicate with others.
答案
C
解析
转载请注明原文地址:https://tihaiku.com/zcyy/2900512.html
相关试题推荐
[originaltext]W:Hi,Mark,whatcanIdoforyou?M:I’mjustfillingoutthis
[originaltext]W:Hi,Mark,whatcanIdoforyou?M:I’mjustfillingoutthis
[originaltext]Hello,everybody.Today,Iamgoingtotalkaboutbirdsusing
[originaltext]Hello,everybody.Today,Iamgoingtotalkaboutbirdsusing
[originaltext]Isfoodmedicine?Thequestionhasneverbeensocurrent.It’s
[originaltext]Isfoodmedicine?Thequestionhasneverbeensocurrent.It’s
[originaltext]Isfoodmedicine?Thequestionhasneverbeensocurrent.It’s
[originaltext]Currentstudiesshowthatwhatgoesonlabelsisanimportant
[originaltext]Currentstudiesshowthatwhatgoesonlabelsisanimportant
[originaltext]I’msureyourealizethatyourresearchpapersaredueinsix
随机试题
Spaceisadangerousplace,notonlybecauseofmeteors(流星)butalsobecause
选用直燃型溴化锂吸收式冷(温)水机组时,以下哪几项是正确的?A.按冷负荷选型,并
某计算机系统中互斥资源R的可用数为8,系统中有3个进程P1、P2和P3竞争R,且
A.第2天 B.第4天 C.第6天 D.第8天 E.第10天全喉切除术后
某混凝土试块强度值不满足规范要求,但经法定检测单位对混凝土实体强度经过法定检测后
关于确定城市公共设施指标的表述中,错误的有()。A.体育设施用地指标应根据城
(2018年真题)服装生产企业的市场调查人员装扮成普通消费者进入商场调查本企业服
辞退人民警察,必须严格按照法定程序办理,这样既可保证公安机关顺利行使辞退权,又可
网状结构是()。单选A.呼吸与心跳的中枢 B.调节睡眠与觉醒的中枢 C.
按照《建筑安装工程费用项目组成》(建标〔2003〕206号),下列属于间接费中企
最新回复
(
0
)