The Lonely Trader
In the market, many people only focus on prices, forgetting about themselves.
They think the market determines everything,
But in fact, the market is just an exam paper,
And... the answers have long been written in your humanity.
Greed will make you double down when you are profitable, until everything goes to zero.
Fear will make you cut losses at the lowest point,
And then watch it rebound helplessly.
Impatience will make you want to act at any moment...
But patience is indeed the most expensive ticket in the market...
Livermore said: Big money is not in buying or selling, but in waiting.
I once didn’t understand this, until I sat countless times in front of the screen,
Watching the market fluctuate like tides...
Finally, I understand
A master is never someone who predicts tomorrow,
But someone who can withstand today.
This reminds me of a scene in 'The Way of Heaven'
In the heavy rain, Rui Xiaodan nearly got shot, she called Ding Yuanying.
At that moment, the camera froze in the embrace, raindrops hitting their shoulders,
But they were already fearless in their hearts
Because they grasped the most precious thing.
I see the market the same way.
Most people spend their whole lives chasing prices,
But never grasp their own 'kindred spirit'
Which is that heart of composure and wisdom.
No matter how turbulent the market is, it cannot scatter you,
Because you know... if in this life you can have a mind that follows you, that is enough.
For you in the storm
And for the self still searching for a kindred spirit.
——Excerpt from trader James's essay