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、It is highly probable. B、It could be avoided. C、It must be ignored. D、It is good experience. A
A、It is highly probable. B、It could be avoided. C、It must be ignored. D、It is good experience. A
admin
2021-07-23
90
问题
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. (23) 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:
(24)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.
(25)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 set-up occurs. (25)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 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.
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、It is highly probable.
B、It could be avoided.
C、It must be ignored.
D、It is good experience.
答案
A
解析
转载请注明原文地址:https://kaotiyun.com/show/bYJ7777K
0
大学英语六级
相关试题推荐
Forthispart,youareallowed30minutestowriteashortessayentitledOnLivingtheSOHOLifestyle.Youshouldwriteatleas
Forthispart,youareallowed30minutestowriteashortessayentitledNine-to-fiveRoutineorFlexibleWorking?Youshouldw
Forthispart,youareallowed30minutestowriteashortessayentitledOnNewWordsfromtheInternet.Youressayshouldstar
Forthispart,youareallowed30minutestowriteashortessayentitledOnConstellationCraze.Youressayshouldstartwitha
Forthispart,youareallowed30minutestowriteashortessayentitledTheImpactofOnlineGamesonCollegeStudents.Youre
A、InjectbodywithRNAmolecules.B、Deliveracapsuletodigest.C、Swallowtabletstoprotectcells.D、Providecelltohealitse
ShouldMedicalSchoolsTurntoThree-yearPrograms?[A]ForTravisHill,itwasanoffertoogoodtorefuse.Lastyearwhen
A、Herparents’hardworktofulfilltheirfullpotential.B、Herparents’thirstforopportunitiesofhighereducation.C、Herpar
Depression[A]Inbed,youtossandturn,unabletogetagoodnight’ssleep.Youfeelanxiousandworried.There’splentytodo,
Depression[A]Inbed,youtossandturn,unabletogetagoodnight’ssleep.Youfeelanxiousandworried.There’splentytodo,
随机试题
男性,57岁,慢性肺心病患者,近5天来受凉后病情加重,神志不清,紫绀、躁动、痰咳不出,双肺呼吸音低,有干湿性罗音,白细胞计数和分类增高。
某护士在临床带教老师的指导下,正在进行无菌技术操作,其任务是铺无菌盘及戴消毒手套。戴无菌手套时,错误的一项是
在展业中应注意商业保险属于()
房地产开发企业适宜采用直接渠道的情况不包括()。
心智技能的培养,第一步是()。
有一半的自杀者有精神疾病。()
人工智能:能够模仿人的智能和行为,在复杂多变的未知环境中能够感知环境和决策规划,从而主动地执行任务或者完成设定的目标。按照定义,下列属于人工智能范畴的是()。
你从事某合同约定的相关工作,该工作处于偏远地区。合同要求你每天到现场的办公室上班。由于恶劣的暴风雪天气,上个月你有3天未能到办公室。你未能到办公室上班可免除承担责任,因为合同中有一个条款称为()。
OfalltheemployedworkersintheUnitedStates,12.5millionarepartofatemporaryworkforce.TheUnitedStatesBureauofLa
A、Theywilltakeoneofthesixmajortests.B、Theywillbegivenapoptest.C、Theywillberequiredtoreadashortstoryinc
最新回复
(
0
)