The Six Levels of Trading: Which Level Are You At?

1. Gambler's Mentality: Full margin bets, chasing highs and selling lows, believing in quick riches, not understanding that haste makes waste. Account volatility is severe, with a very high risk of liquidation.

2. Dependence on Technology: Studying moving averages, MACD, wave theory, trying to find a foolproof trading method. However, market uncertainty is high, and most people find it difficult to profit using technology, becoming puppets of indicators.

3. Strategy Formation: Abandoning complex formulas, establishing simple rules. A preliminary trading system is in place, but execution still needs improvement.

4. Discipline First: Decisively cutting losses and firmly taking profits, leading to a more stable account. Starting to reflect on the nature of trading, a transformative opportunity arises.

5. Probability Thinking: Understanding that gains and losses come from the same source, accepting that losses are a necessary cost of profit. Not getting bogged down in individual trades, focusing on long-term compound returns.

6. Trading Enlightenment: Trading is no longer limited to the technical aspect; it involves insight into the human games behind price fluctuations. Grasping trends with philosophical thinking, trading becomes as natural as breathing, achieving harmony between man and market.

From gambler to enlightened trader, each step is a test of cognition, and only a sound trading strategy can survive in the market.