Can You Go Broke From Trading?

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In trading, there are times when you would still lose although you made a good trade according to your trading strategy. There could also be days when your strategy would experience losing streaks.

Never get disheartened by these losses. 💔

🧠 Great traders understand that losses are inevitable. They maintain their discipline & composure to execute their strategy without second-guessing themselves — because they know that in the long run, they would be profitable as long as they stick to their strategy.

A lot of amateurs fail to understand this. When they lose a trade, they think that they’re doing something wrong, or that the strategy is bad. WRONG! You can make good trades, and still lose!

A good trade is one where you followed your trading strategy to the letter! So whether each trade wins or loses, is all based on the win rate or probability of that strategy.

✅ So the best thing to do after you made a loss from a good trade is to simply MOVE ON and wait for the next trade.

在交易中,有时您按照自己的交易策略进行了一笔不错的交易,但仍然会亏损。也可能有几天您的策略会经历连败。

永远不要因这些损失而沮丧。 💔

🧠 伟大的交易者明白损失是不可避免的。他们保持纪律和镇定来执行他们的战略,而不会事后怀疑自己——因为他们知道,从长远来看,只要他们坚持他们的战略,他们就会盈利。

许多业余爱好者无法理解这一点。当他们输掉一笔交易时,他们认为自己做错了什么,或者策略不好。错误的!您可以进行良好的交易,但仍然会亏损!

一笔好的交易是您严格遵守交易策略的交易!因此,无论每笔交易是赢还是输,都取决于该策略的赢率或概率。

✅ 因此,在一笔好的交易中亏损后,最好的办法就是继续前进,等待下一笔交易。

Here's to the New Beginnings

Why trading with Bybit? When you want to trade the cryptocurrency derivatives exchange. Bybit offers advanced crypto trading such as margins, options and futures. 
Bybit new account registration. To learn more about Binance Exchange here.
Please Yourself...with a decentralized exchange (or DEX) is a peer-to-peer marketplace where transactions occur directly between crypto traders. DEXs fulfill one of crypto’s core possibilities: fostering financial transactions that aren’t officiated by banks, brokers, or any other intermediary. Visit OKX Exchange for a DEX wallet solution today!

人生跟莊 (Life With Smart Money or Zhuang)

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In trading, there are only two kinds of people: smart money and dumb money.

We all know it's best to go with the smart money and the opposite of the dumb money.

In fact, there are two kinds of people in life: smart people and stupid people.

Many times, we cannot think through all the problems, for example:

Should the child go to public school or private school?

Which news is better, the New York Times, or Twitter?

Is it better to settle in a red state or a blue state?

To vaccinate, or not to vaccinate?

Is Chinese medicine better or Western medicine better?

Among the crowd, there are bound to be two opinions. Some say the former is better, while others say the latter is better.

Then, we have to distinguish, among these people, which ones are smart money and which ones are stupid money?

I think so, if some people read more, have a higher education, know more languages, have visited more countries, have more knowledge, have higher income, and have more assets... we can't help but call him Voice: Zhuang!

On the contrary, those who study less, have lower educational background, only know one language, have never been out of state, have lower income, and have less wealth... That's a pity, they may be retail investors.

When making life decisions, should the child go to public school or private school? The New York Times or Twitter? Settle in a red state or a blue state? To vaccinate or not to vaccinate? To take Chinese medicine or not to take it? You don't need to think hard, just refer to:

What will happen to those Zhuang who live a chess game?

Just follow!

交易中,只有兩種人:聰明錢和笨錢。

我們都知道,最好跟聰明錢走,和笨錢反著來。

其實,生活中,也有兩種人:聰明人和笨人。

很多時候,我們不能想明白所有問題,比如說:

小孩是上公立好,還是私立好?

新聞是看紐約時報好,還是看Twitter好?

定居在紅州好,還是藍州好?

打疫苗好,還是不打疫苗好?

中醫好,還是西醫好?

人群中,一定會有兩種意見,有人說前者好,有人說後者好。

那麼,我們就要分辨,這些人中,哪些是聰明錢,哪些是笨錢?

我是這樣認為的,如果一部分人,讀書更多,學歷更高,會的語言更多,去的國家更多,見識更廣,收入更高,資產更雄厚……我們就不防叫他一聲:莊!

反之,讀書更少,學歷更低,只會一種語言,沒出過州,收入更低,身家更少……那很遺憾,可能就是散戶。

在做人生決策時,小孩上公立還是私立?新聞看紐時還是Twitter?定居在紅州還是藍州?打疫苗還是不打?中藥吃還是不吃?你都不需苦思冥想,只需參考:

那些人生棋局的莊,他們會怎樣?

跟就好了!

Here's to the New Beginnings

Why trading with Bybit? When you want to trade the cryptocurrency derivatives exchange. Bybit offers advanced crypto trading such as margins, options and futures. 
Bybit new account registration. To learn more about Binance Exchange here.
Please Yourself...with a decentralized exchange (or DEX) is a peer-to-peer marketplace where transactions occur directly between crypto traders. DEXs fulfill one of crypto’s core possibilities: fostering financial transactions that aren’t officiated by banks, brokers, or any other intermediary. Visit OKX Exchange for a DEX wallet solution today!

My Beloved Short Strangle

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The opposite of a long strangle, and similar to a short straddle but with different strikes. This strategy makes less income than a short straddle, but also has a wider profitable range, making the worst case scenario less likely.

Time is beneficial for this strategy as both options will decay and become cheaper to buy back, but like a short straddle, there is unlimited risk so you don’t want to be exposed for too long.

Get secure and private access to crypto exchangers from your country:

A good VPN service provides you a secure, encrypted tunnel for online traffic to flow. Nobody can see through the tunnel, get their hands on your online data, or find your real IP address and location. Decentralized VPN (dVPN or DPN) is the best VPN if you’re looking for peace of mind when on public Wi-Fi. Securely access personal information or work files, encrypt your crypto exchanges connection, block Ads, and keep your browsing history and online identity private. Enjoy online free, privacy and security with the additional VPN benefits. For example, access Bybit or Binance from your country which has restricted access. Decentralized VPN (DPN).

 

Create Your Own Banks With Trezor Or Ledger Hardware Wallets.

Alternatively, you can also go for DEX wallet..with a decentralized exchange (or DEX) is a peer-to-peer marketplace where transactions occur directly between crypto traders. DEXs fulfill one of crypto’s core possibilities: fostering financial transactions that aren’t officiated by banks, brokers, or any other intermediary. Visit OKX Exchange for a DEX wallet solution today!

 

Neutral Bearish or Bear Call Spread (Credit Spreads)

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This is a neutral bearish strategy and going to be the bearish exposure in order to collect the premium.

DGM Trading Options
DGM Trading Options
Credit Spreads

Sell ATM Call and Buy OTM Call = Buy Call + Sell Call

Sell 50 Delta & Buy 25 Delta

Use 45 days To Expiration. The characteristic is 50% higher profit with the negative of R&R.

To collect at least 33% of the vertical width !!! Another advance similar strategy is short strangle in which sell 30 delta Call & sell 15 delta Put.

Do you want to setup your Casino and start earning interest rates? Follow me to read on 

Neutral Bullish or Bull Put Spread (Credit Spreads)

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This is a neutral bullish strategy and going to be the upside bounce in order to collect the premium.

DGM Trading Options
DGM Trading Options
Credit Spreads

Sell ATM Put and Buy OTM Put = Sell Put + Buy Put

Sell 50 Delta & Buy 25 Delta

Use 45 days To Expiration. The characteristic is 50% higher profit with the negative of R&R.

To collect at least 33% of the vertical width !!! Another advance similar strategy is short strangle in which sell 30 delta Call & sell 15 delta Put.

Do you want to setup your Casino and start earning interest rates? Follow me to read on 

Bearish Debit or Bear Put Spread (Debit Spreads)

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This is the bearish strategy and going to be the downside direction in order to be profitable. Other names used like LONG. PUT SPREAD, or PUT DEBIT SPREAD, or BUYING A PUT SPREAD.

DGM Trading Options
DGM Trading Options
An Example by DGM
Expiration Dates & Strike Prices

Debit Spreads Variation Cheat Sheet

Debit Spreads Variation Cheat Sheet
Debit Spreads Variation Setup
Debit Spreads Variation Setup

Do you want to setup your Casino and start earning interest rates? Follow me to read on 

Bullish Debit or Bull Call Spread (Debit Spreads)

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This is the bullish strategy and going to be the upside direction in order to be profitable.

DGM Trading Options
DGM Trading Options
P&L by DGM With $42 Breakeven Point. Max Profit = $300 & Max Loss = $200
An Example by DGM
Another Example by DGM
Expiration Dates & Strike Prices

Debit Spreads Variation Cheat Sheet

Debit Spreads Variation Cheat Sheet
Debit Spreads Variation Cheat Sheet
Debit Spreads Variation Setup

Do you want to setup your Casino and start earning interest rates? Follow me to read on 

ETH, Ethereum Moving Forward By DGM

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ETH Weekly by DGM
ETH Daily by DGM
ETH 6hrs by DGM
ETH 4hrs by DGM
ETH 2hrs by DGM
ETH 1hr by DGM

Black Swan event occurs today due to the fight between BNB and FTT. They sold out BTC and ETH to rescue their own coins in their own exchanger. BTC and ETH crashed 28.28% and 35.55% respectively. It is time to buy with DCA in more BTC and ETH today on 11 NOV 2022. It is a gift !!!