Tomorrow is a holiday, so I want to wish all my friends a happy May Day!
I just suddenly remembered the turtle trading rule. Back then, Richard Dennis trained taxi drivers and piano teachers into machines that printed money with an annualized return of 80% using a mechanical trading system.
Turtle trader Curtis once lost 60% in a single day due to changing the rules without permission, but those who stuck to the system ultimately made 100 million dollars in five years.
The truth is that 80% of the profit comes from 20% of the correct trades, but you have to survive until that 20% comes.
In simple terms, the core idea is three words—be a machine!
Never learn from those who use 3x leverage and call themselves 'stable traders,' only to get buried by Luna after adding margin 18 times; they are just self-deceiving gamblers.
When others are FOMO-ing and going all in, you calculate your position based on ATR, and when there’s a waterfall drop, you stop loss coldly; that’s true contrarianism.
Always remember, a trading system is not meant to get you rich, but to prevent you from self-destructing; the more you want to get rich quick, the faster you will die.
Trading is a long-term struggle against human weaknesses. Establishing a sound trading system, cultivating contrarian thinking, sticking to strategies, and managing your mindset are key to surviving and profiting in this market.
#反人性交易 #交易纪律 #交易心态
