A simple sentence that takes many years to ponder. The longer you trade, the deeper the understanding.
For example: Slowly getting rich.
On the surface, this sentence seems very simple, but it actually contains a lot of applicable situations.
For instance, why is it so difficult to achieve the idea of 'only making money within your understanding'?
Because 'within your understanding' is a strike zone, which usually requires patience to wait.
Most people, however, cannot wait; they want to get rich immediately, so they are willing to hit any ball, disregarding whether it is in the strike zone or not, the key is to keep swinging.
What is the result? Earn 10, lose 5, or even lose 20.
From 'getting rich quickly' to having a negative expected return in terms of probability, slowly becoming poor, or going bankrupt quickly.
Slowly getting rich and only making money within your understanding may seem unrelated, but the underlying logic is the same.
Let’s talk about another example: why is it very difficult for many people to take profits, and why do they face great obstacles when selling?
Because they want to make a fortune in one trade, to turn things around in one cycle.
As a result, after going through one cycle after another in crypto, there is still just a small amount of money in the account.
Therefore, the four words 'slowly getting rich' may embody a meaning that takes trading through several cycles to gradually understand.