Actually, I have been pondering a question these past two days: what is market intuition, and what is crisis awareness? My understanding is that when we execute technical trading strategies and adhere to trading discipline, but still incur losses, those market movements are issues that even the most superior techniques and strategies cannot resolve. These movements include characteristics of both small and large time frames, the misleading nature of indicators, and even the overarching environment of fundamentals or news, which at the moment of turning a trade into a losing one, form a genetic code that is etched into our memory. When you encounter incomprehensible market conditions in the future, but some situations feel so familiar, your muscle memory will send you signals that something is off, a familiar sensation, same soup but different medicine.

Trading cannot be deemed gambling precisely because it does have a certain logic that supports us in performing certain actions correctly, which can keep our win rate above 60%. Even if our win rate is only 50/50, as long as we properly set stop losses and choose trades with a high risk-reward ratio, we can ensure that we earn big and lose small. Any time we earn small and lose big, it is because we failed to achieve the latter, and not because there is a problem with the technical logic. This is similar to how some people hold the view that studying is useless; everyone actually knows that studying is useful, yet not everyone who loves to read can make money. The knowledge in books is valuable, but whether it can be maximally utilized depends on the person using it.