Looking back at this bumpy road, I would probably say these words to everyone:
"The market has always been fair; it never punishes mistakes, but it will repeatedly teach you lessons until you learn."
1. There is no 'holy grail' in trading, and there are no 'secrets' in the market. You might think the methods to make money are hidden in some book or in the words of a top trader, but in fact, everything is out in the open—trends, support and resistance, risk management, execution; trading is just doing these simple things repeatedly and mastering them.
2. Managing the present is more important than predicting the future. Those who guess the market's ups and downs every day either face liquidation or get slapped in the face. Trading is not about prediction; it's about execution. You don't know whether the next trade will be a profit or a loss, but you know that after executing the rules consistently over the long term, the odds are in your favor.
3. Let profits run and cut losses short. Everyone wants to make money 'steadily' when they first enter the market, but the truth is, you must accept losses in order to truly make money. Losses are not scary; holding onto losses is what’s scary. Profit is not made through frequent trading, but through one correct trade that captures enough profit.
4. The closer you are to the market, the more likely you are to be consumed by it. Staring at the screen every day, trading frequently, and trying to catch every fluctuation will only make you more anxious and uncontrollable. Those who truly make money understand the importance of maintaining distance from the market; they learn to wait in order to profit from their own segment of the market.
5. True masters are often 'boring.' Trading has never been an exciting thing; the more stable your profits, the more tedious trading becomes. The rules remain unchanged, execution is consistent, they are not swayed by market emotions, they do not get euphoric over profits nor collapse over losses—they are simply disciplined executors.
6. Trading is a marathon; living longer is more important than running faster. You don't need to be the fastest runner in the market; you just need to live a little longer than others. Those who face liquidation are not necessarily not smart; they just didn't survive. Good risk control, managing drawdowns, ensures you always qualify to stay in the market; time is the strongest compounding factor.
Finally, I want to say: the essence of trading is continuous self-improvement. The market will not pay you more because you do well, nor will it take care of you just because you worked hard. The market will not change; you can only change yourself.
It's not technology that makes money, but understanding; not methods, but execution. If you truly grasped these, you no longer need anyone's guidance because the market has already taught you everything.