Long-term profitability is rooted in the focus of one's own thinking

Long-term profit, not simply because of some superb technology, not simply because of the winning rate, not simply because of how strong the mentality, but because of the fixed position fixed stop loss.

Because the fixed stop loss, it is easy to stably do the stop loss in place, you can try the trend with a fixed stop loss many times in the same source of profit and loss, and the continuous loss will not doubt the pattern, and it will not collapse and chaos. For a period of time, many times to test the trend with small losses, and finally achieve more wins and fewer losses, the capital curve waves upwards, through the phased increase in position compound interest, to achieve a good enough result.

First, try the trend many times with small losses, and second, the worst failure situation can withstand the loss control drawdown, which is the basis of long-term profit and compound interest. The threshold for doing these two points well lies in whether the focus of thinking is profitability or risk control.

If you always think about how to make a profit, a faster profit, a greater profit, even if you reach the goal for a certain period of time, it will not last long. Because in the long run, the market will repeatedly test system vulnerabilities and psychological vulnerabilities, and if there is no pass, it will naturally lose a big loss or even blow up, which is only a matter of time. No matter how much success there is, as long as there is a 100% loss, there is nothing, which is the fundamental reason why trading is difficult to last.

If you always think about how to control the loss and control the worst case of the failure of the black swan, then no matter what happens in the market, it will be within its own estimation and bearing range, and the stop loss is only the normal cost of the system. Wait for the next safety opportunity, you can do it back, profit and loss of the same source, everything in the stable range of development, and then through the time compound interest, and finally step by step top ten steps.

In this way, the core of stable profitability is all in the mind to pursue, profit and risk control, a thought of heaven, a thought of hell.