What is necessary to continuously win at trading

I want to try stock investing with discretionary trading, but...

"I don't know where to close the position."
"It's difficult to extend profits." Many people feel this way.

If you are one of those, please read this article.

To continuously win in trading, your mindset matters

"Extend profits"
To continually win in trading, you need knowledge and skills to keep letting profits ride on trades that have moved into profit.
"How far will this move go, and where is the optimal place to exit?"
I have focused on this question alone, and studied it thoroughly.
Before getting to the main topic,please clearly understand the three ways of thinking for continuously winning in trading.

To sustain success in trading, you need a mindset that accepts risk rather than fears it

To massively grow profits in the market, you must also take wider stops and larger drawdown ranges.
Becauseif you fear risk and keep stops shallow, you will soon be stopped out by market noise, and you will lose on trades that didn’t have to lose.



To fear risk means to trade with randomness or noise.

Otherwise, isn’t it the same as gambling in pachinko or slots?



Whether the price goes up or down is a 1/2 probability.

From that balance of risk-reward and win rate, you compute the expectancy, and the idea that you will win inevitably becomes important.

To continuously win in trading, you need to follow rules, let the market decide based on those rules, and have the mindset to let profits ride

If you take larger stops, positions with unrealized gains can turn into unrealized losses, or unrealized gains can shrink significantly.

Among those, some trades with substantial unrealized gains may end with a stop loss.
There is no perfect way to completely prevent this.

You need to tightly control losses, let profits run according to the rules, and have a pragmatic mindset of "acceptting defeat" if profits do not reach the specified point..

To sustain winning in trading, you need a balance of grip that pursues target values and not being greedy for the last yen

The market may look random, but it often moves with a certain regularity.
Especially when a large number of market participants enter early and create high volume, the probability of this regularity increases.

To maximize profits, you would want to use this regularity, but of course, there are deceits and irregularities in price movements that sometimes cause it not to move as the rule predicts.

What becomes important here is flexibility.
Even if there is regularity in the market, you must not forget that the target value is set by the market, not by the rule or the discretionary trader.

Wisdom of regularity—using it, pursue a proper target aligned with risk, and also follow the market's answer without opposing it.

To continue, gohere