Making money from trading has nothing to do with the market! I once thought candlesticks were the key to withdrawals, but later realized they are a mirror reflecting human weaknesses! 💸
1. The market is a mad dog, why do you insist on being the tamer?
I used to: foolishly try to predict every wave of rise and fall! Obsessed with "precisely picking the bottom and escaping the top", treating trading as a gamble to prove my intelligence. A slight market pullback would send me into a panic, increasing my position and stubbornly holding on... What was the result? Repeatedly slapped in the face, stop losses felt like cutting flesh, and my mindset directly collapsed! 💔
Bloody lessons: The essence of the market is chaos! It does not listen to commands, does not make sense, and does not follow your script. Trying to control the market? That's like fighting a mad dog with bare hands! Besides being battered, you gain nothing.
Giving up the obsession with the market is the first step to embracing profit! ✨ Admitting I don't know whether tomorrow will rise or fall is the beginning of wisdom.
The market is uncontrollable, but the steering wheel is in your hands!
2. True risk control is locking up your desires! (Behavioral implementation)
I used to: only see "huge profits", ignoring "massive losses"! Ordering based on feelings, stop losses based on mood, and positions that scare people. One mistake could wipe out a week's profit!
Life-saving transformation: engrave self-control into my DNA! The core is two rules:
"Iron law" stop loss: Before placing an order, ask: If this order loses X yuan, can I sleep tonight? If yes, then place the order! The stop-loss level is a lifeline; touching it means cutting without hesitation!
3. Embrace losses, they are your true teachers! (Mindset elevation)
I used to: see losses as a disgrace! One loss would send me spiraling, engaging in revenge trading, desperately looking for scapegoats (the big players, news, luck...) 🤬 Falling into a cycle of losing money → messing up → losing even more!
Key to breaking the cycle: Redefine losses! Epiphany:
Losses are the ticket to trading; no one can escape them! Seeking to win every battle? You're destined to be a failure!
Expert secret: Small losses for big gains! Lose like a gecko shedding its tail (decisively stop loss), win like an alligator holding on (let profits run)! A win-loss ratio > 1 is the way to go!
Elevated state: No longer feeling joy or sorrow over single trades. No matter how volatile the market, my inner self is as stable as a rock. I only focus on one thing: Did I strictly follow my rules? Everything else is left to probability!