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
2019-05-30
18
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/fFX7777K
0
大学英语六级
相关试题推荐
A、Theymakecarefulpreparationsbeforehand.B、Theytaketoomanyirrelevantfactorsintoaccount.C、Theyspendtoomuchtimean
A、Heshouldnolongerputoffanythinginlife.B、Heshouldcelebratehissurvivalwithhisfriends.C、Heshouldeliminatenegat
TrustMe,I’maRobot[A]Withrobotsnowemergingfromtheirindustrialcagesandmovingintohomesandworkplaces,roboticists
Directions:Forthispart,youareallowed30minutestowriteashortessaybasedonthepicturebelow.Youshouldstartyoure
A、Becausetheyareeffectiveagainstmostdiseases.B、Becausetheeffectsofantibioticsareexaggerated.C、Becausedoctorstend
A、Sheisdoingapaper.B、Shemissedthelecture.C、Sheisinterestedinthetopic.D、Sheiswritingapaperforascholarship.
A、Toproveearth’scontinentswereoncejoinedtogether.B、Toprovethatthegraintypewithinsandstone.C、Todeterminetheact
A、Leaningtorelaxthemselvesbeforeaudience.B、Listeningtocelebrities’publicspeakingasoftenaspossible.C、Speakinginp
随机试题
属于代偿性肥大的是
下列哪项不是实证的表现
关于分娩分期,错误的是
急救药品、器械等设备应严格执行"五定",错误的是
企业涉及现金收支的资产负债表日后调整事项,应当调整报告年度资产负债表货币资金项目的金额。()
当再投资风险大于利率风险时,也可能出现短期利率高于长期利率的现象。()
下列关于耕地占用税的税收优惠表述正确的有()。
根据我国宪法的规定,国家对非公有制经济的基本政策是()。
设函数f(x)=在(一∞,+∞)内连续,则c=___________。
(1)在“学籍”数据库中有student、score和course三个表,使用菜单设计器制作一个名为menu1的菜单,菜单只有一个“查询”菜单项。该菜单项中有“按学号”、“按课程号”和“退出”3个子菜单。“按学号”和“按课程号”子菜单分别使用SQL语句的A
最新回复
(
0
)