🚩 The first point is that so-called trading secrets are public.
The insights I've gained, the operational thinking and methods I use can basically all be found in responses on Twitter.
In the past, whenever I found something relatively certain in the market, I felt that only a few people in the world had discovered it.
However, the 'secrets' I thought I had, the supposed golden rules, I actually saw mentioned more than once on Twitter by more than one person.
This made me reflect on myself; I am just an ordinary person. Keeping what I have for myself, thinking it’s a secret, is a biological instinct. But upon deeper analysis, what I see, understand, and use is not exclusive to me; others can also grasp it.
Very specific operations are almost equivalent to a hands-on demonstration. I have not seen this because they also think it is a secret, so they do not demonstrate it concretely but only mention it in passing. Although these people might be secretive, like me, thinking they have mastered the secret, those with higher understanding can catch a hint from these brief mentions, which are essentially transparent.
However, for those whose understanding is not up to par, putting these exclusive secrets in front of them will not help them comprehend. Those key phrases will slip past them, leaving no impression. Only in real practice, when they suddenly recall it one day, do they realize how close they once were to the secret.
People only see what they want to see; when reading, they only read sentences that align with their psychological thinking. What a person encounters is limited to the world their level of understanding can perceive.
Thus, most of those public secrets go unrecognized.
🚩 The second point is that all public secrets are fragmented.
The expert you trust, the mentor they trust, repeatedly emphasize that you understand this is a trading secret, yet you still cannot make money.
The reason is that trading is a system.
A single secret cannot support an entire trading strategy.
The fantasy of making it big with just one trick is a dream in this information age.
Even if a book systematically explains it, it can only cover part of the trading system.
You need to find a way to select and combine all these public secrets into a trading system that suits you.
Those who genuinely learn trading will not be obsessed with the trading level of the person who wrote the secret.
Because all secrets are just parts; what they seek is inspiration that can contribute to their system, regardless of who laid the egg.
In fact, it is those who are in a state of barely breaking even that like to reveal some of their discovered secrets because they have a need for affirmation from others. Before I found my way, I enjoyed reading what such people wrote and sharing my discoveries. Once I found my path, the publicly shared information became more abstract, only addressing macro issues without detailing operational thoughts. You all probably haven't seen me talk about candlestick patterns and specific techniques for a long time, right? Just understanding the principles is not enough; the key is to implement the specific techniques.
Many people without independent thinking ability like to strike down those who show off, preferably exposing their disguises, leaving only the true experts for them to worship and learn from, as they feel this protects them from harm.
Ha. Those who are not yet mature also particularly enjoy peeling off others' skins; this is a competitive instinct, wanting to attack upon seeing a flaw.
🚩 The third point is that once trading forms a system and establishes a personal operational method, it needs to be practiced until mastered.
Once your trading secrets are combined into a system and you use a certain trick as your operational mode, you need to master it, transforming these trading secrets into a thinking model.
The retail secret is just like the above. Institutional or authoritative trading secrets are not discussed here; we do not have the conditions for that.
Lastly, I want to mention that you need to be wary of those who speak of trading in a mysterious way, suggesting or implying that they have exclusive trading secrets. They are catering to the imagination of the inexperienced.
Although I believe that how to combine publicly available information is a personal secret formula that one has painstakingly figured out, for most retail investors, trading is not mysterious. Those so-called secrets of the trade are not worth much when revealed.
Being able to make big money and sustain profits does not rely on any secret that is not shared.
This is a skill gained through practice; those with technical knowledge can trade in short bursts, while those with sufficient capital and macro understanding can engage in systematic investing.
Let's encourage each other!