Many people have worked hard for half a month, and after finally seeing a slight increase in their accounts, once the market weakens, they are back to square one in less than three days. This is not an isolated phenomenon; whether it’s top funds or ordinary retail investors, everyone experiences this cycle. Including me, I have gone through countless such cycles.
But why can some people quickly rebound after a drawdown, even hitting new highs?
The key is not in the technique, but in whether you have cultivated the following three 'trading mindsets':
First, you must have the courage to start over.
Do you have this feeling? After losing for two or three consecutive days, you start to feel fear towards the market.
Because in psychology, the pain of losing 10,000 often requires earning 20,000 to balance it back.
And the opportunities that can truly change your fate are often hidden in the moments you are most afraid to act.
The more you can overcome emotions and execute firmly during anti-human moments, the more likely you are to reap unexpected rewards.
Many traders who later achieved financial freedom actually fell repeatedly in their early years, but they were determined about one thing: it’s okay to walk slowly on this road, what matters is not giving up and having the courage to start from zero again.
Second, you need to have the patience to stay calm.
Looking back, many people are not technically incompetent, but too impatient.
This morning I just cut losses, and in the afternoon chased the rising and falling trends. After a set of emotional operations, my account is a mess.
In fact, you know very well: the market is not earned by 'impulse'.
But you always find it hard to control your hands, and this is the biggest risk.
Trading is not afraid of being slow, but of being chaotic. True opportunities are always reserved for those who are patient and prepared.
Third, you must stick to your original intention.
The more anxious you are, the easier it is to lose your rhythm. Many people start questioning life while losing, even falling into internal strife, ultimately disrupting their original trading logic.
Don't forget, our original intention for coming to the market is to make life freer, not to prove how great we are, nor to fight the market to the death.
Allowing yourself to slowly become rich is the true starting point for long-term stable profits.
Don't forget, 80% of Buffett's wealth was earned after he turned 60.
