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Recently watching the market, I found that many people are making trades exactly like the old K from back in the day.
Whenever there's a trend, they get excited, keep opening positions, add to their positions after making some profit, and hold stubbornly after losing a bit.
It looks pretty aggressive in the short term, but when you do the math in the end, they end up giving everything back.
Old K tells you a heartfelt truth: my true turnaround started when I learned to be "slow."
At that time, I set a very simple goal for myself — make $300 to $500 daily and then stop.
Sounds unimpressive, right? But stick to it for a month, and you’ll see the results for yourself.
Being slow actually helps you grow faster.
Now, Old K only makes two types of trades; I don’t do more than that.
Trial trades: enter with a small position of 20% to 30% at key points, add more if the direction is right, cut losses if wrong.
No gambling, just testing the waters.
Trend-following trades: wait for the trend to develop on its own, only ride the most stable part in the middle.
Don’t guess the top, don’t catch the bottom.
Top and bottom are for the gods; Old K only makes money on what I can understand.