In the market, many traders often fall into the illusion created by "greed, anger, and ignorance," becoming puppets pulled by the invisible threads of superficial market prices.
Their minds swing violently with the ups and downs, with emotions overriding decision-making. The root cause lies in a lack of understanding of market operating rules and responsive logic, as well as a complete absence of a rigorous trading system. Instead, their decision-making is based solely on subjective likes and dislikes and the blind pursuit of small profits. This shallow understanding and system vacuum inevitably hatch out-of-control behavior and dismal results—frequent entries that can’t wait, inability to hold onto profitable positions, neglecting stop-losses that allow losses to run, and arbitrary take-profits that miss potential, forming a tragic cycle that repeats. Even more sadly, every critical decision is completely dominated by the fleeting moods and states of the moment!
In contrast, mature traders are grounded in a profound understanding and respect for the essence of the market. They build and adhere to a precise trading system, taming the wild horse of emotion with rules, replacing impulsive actions with a plan. The core of their decision-making is risk control and probability advantage, rather than the temptations or fears of current fluctuations. They are deeply aware of the value of patiently waiting for high-probability opportunities, possess the discipline to let profits run, and have the resolve to cut losses and strictly adhere to stop-losses. Ultimately, they pursue stable profits through consistent execution over long periods, which is essentially a financial alchemy that pits rationality and discipline against human instincts and market noise.