A simple sentence that requires years of contemplation. As you trade longer, your understanding deepens.
For example: slowly becoming 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 one’s understanding"?
Because "within one’s understanding" is a hitting zone, and you usually have to wait patiently.
However, most people cannot wait; they want to become rich immediately, so they try to hit every ball, disregarding whether it's in the hitting zone or not, the key is to keep swinging.
What’s the result? Earning 10 units, losing 5 units, or even losing 20 units.
From "getting rich quickly" to having a negative expected return on investment probabilistically, leading to slowly becoming poor or quickly going bankrupt.
Slowly becoming rich and only making money within one’s understanding may not seem related, but the underlying logic is the same.
Let’s talk about another example: why do many people find it very difficult to take profits and face significant obstacles in selling?
Because they want to determine everything with one trade and turn the situation around in one cycle.
As a result, after going through one cycle after another in crypto, the amount in their accounts remains the same.
Therefore, the four characters of slowly becoming rich may take several trading cycles to understand little by little.