If you are still pursuing some kind of 'profound realm' or 'amazing technique' in trading, then you have taken the wrong direction. Trading at its core
thereafter, there are no secrets. The only truth is that after shedding all the extravagance, it is the nearly monotonous 'doing simple things repeatedly'
Chapter One: Breaking Superstitions - The core of trading is an 'asymmetric' mathematical game
The outcome of trading is essentially an asymmetric mathematical game. After introducing 'stop-loss', a win rate below 50% is normal. Therefore, profit
the foundation of profit lies not in the accuracy of predictions, but in the advantage of odds - cutting losses at the fastest speed when losing; when profitable,
maximum patience in holding. This is the only secret for all professional players to 'take small losses and earn big profits'.
Chapter Two: Path Choices - Are you a 'pattern hunter' or a 'trend farmer'?
In trading, you must clarify your positioning. The market primarily offers two paths to profit; they are not superior or inferior but have
the essential differences:
First, be a 'pattern hunter': rely on a stable and clear system to capture high-frequency, replicable profits, accumulating small victories into large ones. This path
requires extreme discipline.
Second, be a 'trend farmer': discover and engage in grand trends with immense patience and determination, holding steadfastly, aiming to 'consume the
the entire wave of the market. This path requires extraordinary perspective.
The biggest taboo in trading is to waver between two identities. Deeply question yourself, 'Who am I',
and stick to your choice,
is the prerequisite for all strategies.
Chapter Three: Rebirth from Ashes - All 'realms'
are all 'lost' through experience
The true realm of trading is never realized but 'lost' through real money. Only when you lose to the point of heartache,
will allow you to let go of the obsession with 'must make money' and view trading as a calm numerical game. This understanding, born from painful reflection, is
The 'path' is far deeper than any concept in books. You learn to accept your imperfections, and trading thus becomes simple.
Chapter Four: Accepting Reality - The True Appearance of Professional Traders
Please accept the true appearance of professional trading: no trading system can be effective forever; mature traders understand how to wait patiently during the system's 'winter'
and patiently wait during the 'winter season'. Profits do not occur monthly; the truly lucrative opportunities in a year often only arise a few times. They
We often spend time in small losses, but rely on key 'big wins' to ensure annual profitability. This is the correct posture for making money in trading.
Final Chapter: What is 'realm'? - Know yourself, then adhere to yourself
So, what is the highest realm of trading?
It is not some mystical state, but an extremely simple yet difficult process to achieve:
First, recognize who you are. (Personality, risk preference, strengths and weaknesses)
Second, understand what you can do. (Choosing the path of 'hunter' or 'farmer')
Third, establish a set of behavioral standards for this. (Your trading system)
In the end, adhere to it day after day. (Your trading discipline)
This is the entirety of the secret.$BTC $ETH #美联储降息预期 #ETH走势分析
