The decisive factor in trading: beyond technology, it is the cultivation of 'person'.
1. Technology is a tool, but people are the core
Most people are obsessed with 'guaranteed profit systems' and 'precise indicators', but overlook the key point: technology (skills) is just a tool for trading. In the five-layer system of Dao, Fa, Shu, Qi, and Qi, it is the easiest part to replicate. Methods like EMA, trend breakout, VWAP, etc., are available in tutorials online, but knowing technology does not equal being profitable—the problem lies not in the technology itself, but in whether one can master the technology.
2. Poor execution is the root cause of trading losses
With the same technology, some earn profits while others incur losses; the core difference lies in execution power:
1. Self-proclaimed trend traders who can't let go of stop-losses and are afraid to hold onto profits;
2. When implementing a breakout strategy, being afraid of a pullback prevents entry when the price breaks out.
The essence is the inability to control oneself—knowing what to do but not being able to do it.
3. The execution power in life reflects the potential in trading
Discipline in trading is highly consistent with the details of life:
1. Saying you practice piano every day, do you stick to it? Saying you control sugar intake, do you actually do it?
2. If you can’t even execute small tasks in life, how can you be more disciplined in trading than others?
The looseness in life is a reflection of poor discipline in trading.
4. Contrarian behavior is the 'internal strength' of trading
The key to trading is 'contrarian behavior', which is closely related to the willpower cultivated in life:
1. In trading, stop-loss immediately when it’s necessary, stay out of the market when it’s not time to trade, and restrain position size when wanting to go heavy;
2. In life, not wanting to exercise but still persisting, not wanting to read but still opening a book, not wanting to wake up early but still getting up—these small things are all cultivating trading 'internal strength'.
5. Surpassing others lies in doing what others cannot do
In the information age, the gap in technology and resources is shrinking; whether one can stand out depends on who can persist in doing what others cannot:
1. When others are restless watching the market, you patiently observe the charts;
2. When others cannot withstand a drawdown, you stick to the system;
3. While others are having fun, you silently review trades and study charts.
This is the dividing line for traders—not indicators or systems, but the person themselves.
6. The end of technology is the honing of people.
The market is never short of technology, signals, or teachers, what is scarce is:
1. Those who insist on reviewing their trades every day;
2. Those who can still stick to the plan despite emotional fluctuations;
3. Knowing there might be losses, yet strictly executing the system.
Technology can be replicated, but traders with extreme self-discipline are irreplaceable. The ultimate battle in trading has always been a battle of 'people'.
