首页
外语
计算机
考研
公务员
职业资格
财经
工程
司法
医学
专升本
自考
实用职业技能
登录
外语
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
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
admin
2021-09-29
47
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://kaotiyun.com/show/2bx7777K
0
大学英语六级
相关试题推荐
TheUnitedStatesboaststhebestpublicuniversitiesintheworld.Noyoungpersonshouldbeturnedawaybecausetheywereborn
ConversationsEveryOverwhelmedWorkingParentShouldHave[A]Workingparentssometimesstrugglewiththefeelingthatthey
Dreamsareastateofconsciousness,anexperiencethatyouhavewhenyouareasleep.Whenyoudreamsomethingyouhaveanexper
MonaLisa’spaintingisaworkofartthathasfascinatedpeoplearoundtheworldfordecades.Manyhaveoftenwonderedaboutth
Forthispart,youareallowed30minutestowriteanessayentitledTheResponsibilityofSpokespersons.Youressayshouldstar
Thereisnothinglikethesuggestionofacancerrisktoscareaparent,especiallyoneoftheover-educated,eco-conscioustype
Exerciseisgoodforyou.Butmostpeoplereallyknowverylittleabouthowtoexercise.Lookatthefollowingtrue-falsetests.
Childrenwithattentionproblemsinearlychildhoodwere40%lesslikelytograduatefromhighschool,saysanewstudyfromDuk
A、Byteachingthemmoretest-takingskills.B、Bygivingthemmoresupervision.C、Byofferingthemcounselingcourses.D、Byassig
A、Byteachingthemmoretest-takingskills.B、Bygivingthemmoresupervision.C、Byofferingthemcounselingcourses.D、Byassig
随机试题
在“双重出售”发育不完全的报纸中,报纸星网只需达到()
《米龙老爹》作者莫泊桑,是19世纪法国________主义作家,被称为“短篇小说之王”。
按工业建筑用途分类,机械制造厂的热处理车间厂房属于()。
政府将财政支出主要用于满足社会公共需要方面,这体现了公共财政的()特性。
用于衡量一个国家金融发展水平的指标是()。
国际货运代理其本人并不是承运人。()
Thewriterappliedforthejobbecause______Thewriterthoughthewasoverqualifiedforthejobbecause
下面有关个体心理的性别差异的说法正确的一项是()
跳推杠铃练习属于( )
PeoplelivingonpartsofthesouthcoastofEnglandfaceaseriousproblem.In1993,theownersofalargehotelandofseveral
最新回复
(
0
)