#BTC Trade your plan - Plan your trade

During this time, I have felt unworthy of the title of trader, but I must align myself with the word 'trader' and live up to it.
There are some traders in the trading market, they have been in a state of instability for a long time, including me, a loss to earn a period, in the long run may be a small loss or no loss, it is difficult to make stable profits, I believe that many friends are also at this stage, the biggest advantage of these traders is the improvement of analytical ability, they have gotten rid of the stage of blind guessing the market can use technical analysis to draw conclusions, assisted by stop loss, discipline and position management to avoid large losses, but even so still can not achieve stable profits, why is this? The key lies in the gap between analysis and trading, no matter how high the accuracy of analysis can not be implemented into the transaction is meaningless, the accuracy can only be truly reflected under the premise of strict implementation of the trading plan, otherwise the so-called accuracy is just an illusion, simply can not have a positive impact on the profit and loss of the account, there are countless technical analysis masters in this industry, their judgment accuracy of the market is amazing, but in the actual trader is frequently lost, precisely because they can not translate the theory into execution, Unable to really make analysis for the transaction service, technical analysis is just a tool, transaction execution is the core, if the analysis can not resort to trading then it is just academic research rather than trading technology, many people spend their lives trapped in the labyrinth of technical analysis, indulged in their own superb accuracy rate but in the book granularity, the number of such people accounted for more than 90%, the essence of trading has never been just to predict the market, but how to use discipline and execution in uncertainty to achieve real stable profits.
Preparation steps before going live or opening a position every day:
1. First, analyze whether the general direction is bullish or bearish, and then choose to maintain a low long position or a high short position to capture some movement.
2. Find a reasonable stop loss instead of a small stop loss. When monitoring the market, stop loss and take profit can be flexibly adjusted based on the market situation.
3. Clarify when to exit; it's better to eat less than to stubbornly stick to the target position.
4. Make more money instead of focusing on how much meat you eat; this way, the win rate is higher, and the position accumulation increases. You can't get rich overnight.
5. Correct bad habits, prioritize execution, and stabilize profits and profit margins.
Don't be emotional, don't be emotional, don't be emotional. I swear, if I can't do this, I'll quit this industry or only do analysis and not trading. Rather than giving money to the market, I might as well buy a few packs of good cigarettes and have a few nice meals.
This market is ruthless, and trading is actually a path of practice, like walking on thin ice. There are no perpetual victors; it relies on our daily persistence, patience, and execution. Only through continuous self-reflection and adjustment can we manage to get a bite to eat in this market.
May each of us still be active in this market or retire successfully a few years from now.