This article is written for brothers in a period of confusion. Many people believe that success in trading comes from being quick to react, sharp-minded, technically skilled, and having a high win rate. In fact, I am also a fool. To be honest: I do not rely on clever trading, but on persistent endurance.
To speak candidly, I am not a particularly clever person.
I am neither the type of person who can see through the market at a glance and grasp the key points immediately, nor am I someone who learns things quickly.
In fact, when I first entered the industry, I made almost all the common mistakes that everyone makes, including frequent trading, heavy speculation, chasing highs and selling lows, not setting stop-losses, and so on. Many people think it’s all about perseverance, but in reality, it’s just toughing it out.
01. Enduring the 'Cognitive Anxiety Period'
When I first entered the field in 2019, in the early years, I thought my losses were due to insufficient skills, so I crazily read books, learned indicators, searched for courses, studying everything from wave theory, Bollinger Bands, candlestick patterns, moving averages, to Gann charts. I learned whatever was popular.
But as I learned more and more, my mind became increasingly chaotic because I often encountered conflicting indicators and signals, and also faced clashes with different people and trading philosophies.
Because I was new to this, I kept learning, testing, and constantly changing systems, which made me more and more confused.
Later I realized that this was not a technical issue but cognitive anxiety. You know too much but are unclear on how to use it; you see too many things but haven’t established your own judgment framework. So everything I learned at that time was just a pile of garbage.
That period was truly the darkest moment of my life because with each failed strategy, I began to deeply doubt myself, wondering if I was too stupid. At that time, social media was not as developed, and there was no one to guide you; it was really hard to get out of a dead end.
Later, after reading many books, such as 'Trend Trading Method' and 'The Clear State', I did a lot of reviews on various trading methods mentioned in them. I found that I didn’t need to absorb so much 'noise'; I only needed a few indicators, one system, to trade a few currencies, and focus on one type of market.
I began to eliminate useless tools and retain only the most core indicators. I shifted from pursuing 'knowing more' to 'understanding clearly'; this was a painful transition, but it was necessary.
After simplifying things, I was able to see many truths about trading clearly and eventually found my own path.
If you do not endure the barrier of cognitive anxiety, you will forever wander in the cycles of changing systems, directions, and strategies. Trading will certainly be stagnant.
If this is beneficial to you, follow me to avoid pitfalls.