I believe that experienced traders have had very similar experiences, trying various technical methods, going through countless liquidations, and experiencing many moments of confusion, anxiety, and struggle regarding trading. Some people have been stuck for many years without being able to break free, while others may have completely different trading paths due to a momentary shift in thought.
I have experienced failures in trading, as well as multiple rebirths. In fact, the so-called enlightenment in trading is not a one-time event. At different stages of trading, there will be different insights until you truly achieve relatively stable profits and are satisfied to remain in this profit range. Only then will your trading perspective gradually stabilize.
I will share what I've realized during these years of trading, hoping to help you avoid detours.
Trading is not about prediction but about execution.
We used to obsess over: 'Will this wave go up? Will that wave go down? Will the future go up or down?'
Later, we understood that market trends are not important; what matters is how we respond.
The core of trading is not guessing but setting rules and executing them strictly. Regardless of how the market changes, act according to the plan, and then future price movements will not concern you. Your focus will not be on predicting the future, but on using the strategies you have to capture the profits that belong to you. Your emphasis will be on how to optimize the strategy.
The core of trading is not about finding a 100% correct method, but rather finding a method that can be executed consistently over the long term.
Many people constantly change indicators and strategies, thinking, 'This method doesn't work; surely a new one will.'
But later, one realizes that there is no perfect method, only a method that suits oneself.
As long as a method can achieve stable long-term profits, stick with it and perfect it, instead of jumping from one method to another.
Losses are inevitable; the key is how to handle them.
At the beginning, we were certainly afraid of losses. Each time we lost money, our mindset collapsed, feeling unwilling and wanting to recover, resulting in even greater losses.
It became clear later that both losses and profits are parts of trading. You cannot avoid losses, but you can control them.
Thus, we learned to strictly limit losses, not to overtrade, to minimize small losses while maximizing large gains.
Profits do not come from frequent trading but from patiently waiting for high-quality trading opportunities. We used to monitor the market daily, fearing to miss any fluctuations, executing dozens of trades a day, only to find we were losing more. Eventually, we learned to slow down and wait for the best opportunities, taking decisive action and avoiding meaningless trades. Less is more; when done well, profits will naturally follow.
The hardest part of trading is not the technique, but human nature.
Only those who have experienced many market trials will understand that the market does not change; the only thing that can change is oneself.
Greed, fear, impulsiveness, obsession—these are the true enemies of trading.
The technique isn't difficult; the challenge is controlling oneself to avoid chaotic actions.
The essence of trading is actually a game of 'probability + execution.'
We will no longer get entangled in the outcome of each trade but will look at long-term results. Because we know that as long as we adhere to the rules, the odds will be in our favor; individual wins or losses are meaningless. In the long run, profit is inevitable.
The ultimate realm of trading is 'no self.'
For those who truly understand the way, trading is as natural as breathing.
There are no emotional fluctuations, no chaotic analyses. How the market moves is not important; just trade according to the rules.
When you make money, don't get overly excited; when you lose, don't get depressed. Keep your heart as calm as water and execute according to your own system, earning what you should earn each day.
This is trading after understanding the way.
There is no magic, no mystery, only simple, stable, executable trading logic and a deep understanding of human nature and self-control.
Once you unlock the secrets of stock trading, life feels enlightened! Ten years ago, Old Liu had this awakening and resolutely gave up a stable job to embark on a full-time stock trading career. Today, while reviewing old notes, those 10 major experiences still resonate deeply with me. Now I wish to share them unreservedly with those destined to receive them, hoping you can also grasp the essence.
Success has never come easily; every successful person has faced countless challenges and hardships to reach today. Many have studied for years but remain stagnant, with their account balances continuously decreasing. It's undeniable that some have a talent for investing, but such individuals are few and far between—not me, and possibly not you.
Most people gradually move towards success after experiencing failure. It is these failures that encourage them to summarize, improve, and gain insights that those who take shortcuts will never understand.
Old Liu himself is cautious and steady; he wasn't fully immersed in the stock market from the beginning. This is much riskier than working a job or running a small business. Most of you reading this article are likely just dabbling in stocks during your spare time.
Choosing to trade full-time is partly because my father took me to the stock trading hall when I was young, so I grew up influenced by it; on the other hand, it's the result of long-term research and practical accumulation. Of course, reaching today wouldn't have been possible without the recognition and support of my fans. Every time I see everyone liking and commenting, I am deeply touched, and I sincerely thank every friend for their support.
I will share my insights and experiences with you. Whether you are a newcomer or an experienced trader in the stock market, I hope this content helps you.
I will share 12 patterns for bottom fishing and 12 charts; each pattern is essential! I sincerely hope to help those destined to receive this, so my efforts won't be in vain.
Investing is a long journey of cultivation.
After 16 years in the market, I've felt a lot.
Just like that song by Li Zongsheng:
Only after crossing the hill do you realize no one is waiting.
Only after crossing the hill do you understand your own insignificance.
It's not about sharing; everyone's personality is different, so I can only describe the scenery I've seen on this journey. If I were to summarize my insights, I think consistency in trading might be the most important aspect.
It's that kind of operation where one completely abandons personal emotions and strictly follows the plan, regardless of whether the market is turbulent or calm.
How do you achieve a rock-solid heart?
Those who succeed should understand how to do it; those who haven't succeeded have only one reason: lack of confidence.
Fear arises from uncertainty; uncertainty leads to distorted actions; distorted actions result in losses where they should occur and missed profits, leaving one confused in the end.
So, where does this bottom come from?
My experience is:
You must have a system
You must conduct tests both within and outside the sample.
You must lower your expectations by 70%.
You shouldn't pursue perfection too much
Before entering the market: repeatedly test the system across various cycles, varieties, and positions until there is no reason not to enter and until you feel acceptable about the outcome, arranging the maximum loss limit you can bear.
After entering the market: operate strictly according to the plan; whether you lose or win, go with the flow.
Here, going with the flow is definitely not about being indifferent or laid-back; it is about facing challenges calmly after exhausting all efforts.
The 'all-out effort' before entering the market is what allows my 'whatever will be, will be' attitude after entering the market. It is this attitude of 'whatever will be, will be' that ensures the consistency of trading and 'may' achieve the results you desire.
Believe me, knowing many principles, you still can't live this life well.
Understanding is either a deep inner awareness or an intuitive feeling? Is it gained through practical experience, or just heard as a concept? Surface-level understanding is merely the extent to which I've heard a phrase, without deeper contemplation and judgment. Such understanding is indeed useless to you and will ultimately validate the notion of 'not living this life well.'
Trading is not just about understanding the principles to profit; it must start with a plan. Success begins with a plan; without a plan, you are planning to fail.
In trading, the inability to maintain consistent operations stems from a lack of understanding of your operational rules. Not understanding the probability of stop-loss occurrences and overall profitability leads to losing confidence in the system after several losses, resulting in doubt and the search for another system. This cycle repeats itself as human nature dictates. The failure to achieve consistency in trading ultimately reflects a lack of deep understanding of one's profit logic and the robustness of the system, insufficient drawdown, and a lack of confidence. It also fails to adequately estimate possible losses due to unsuitable market conditions.
You need to understand your trading logic. What kind of money can you earn? When should you not attempt? What causes losses? For me, it's about going against the trend with small cycle breakthroughs. Understand the probability of system profitability, consider the worst-case scenarios for maximum losses, and once you grasp these concepts, consistency will naturally be achievable.
Trading is like life; maintain inner peace, embrace imperfection, and understand simple perseverance, which may lead to happiness. Driven by human instincts and chasing after passion ultimately leads to futility.
A single tree cannot form a boat; a solitary sail cannot travel far! In the crypto world, if you don't have a good circle or first-hand information, I suggest you follow me, and I'll guide you to profit without risk. Welcome to join the team!!!
