Trading is about cultivating the mind; simplicity leads to profit.
In the past, I always wanted to seize every market movement, wanting to profit from every fluctuation, only to be repeatedly slapped in the face.
It was only later that I understood: trading is not about technique, but about mindset.
The systems that truly make money are often particularly simple.
I just wait for those few most certain signals; at other times, I'd rather be idle than act impulsively.
Why can't most people do this?
Seeing others make money makes them restless, even knowing it's a trap, they still jump in;
When they lose, they stubbornly hold on; when they make a little, they run, only to realize the opposite is correct;
They always fantasize about getting rich overnight, looking down on slowly becoming wealthy.
In fact, there are only a few market opportunities worth pursuing in a year; resisting the urge to act is 100 times harder than frequent trading.
Remember three things:
Don't touch market opportunities that don't belong to you;
When it's time to cut losses, act quickly; hesitation will lead to defeat;
Make money that you understand, and treat the rest as if it doesn't exist.
In the end, trading is a competition of who is steadier, more timid, and can endure loneliness more.
Simplicity is not incompetence; it is clarity after seeing through the market.