People who can survive by trading have almost all gone through the process of “tearing themselves down and reinstalling” more than once.
When they lose to a certain point, they stop and pull out all their trading records, reviewing them trade by trade. Which orders they shouldn’t have entered—they did; which positions they should have exited—they didn’t; which positions they shouldn’t have added to—they added. Then they dismantle themselves in response to these mistakes, fixing their flaws one by one. $HYPE
This process isn’t pleasant. Admitting that every thing they did in the past few months was wrong, admitting that they’ve been self-deceiving all along, admitting that they weren’t really trading—they were gambling. That kind of clarity is more painful than losing money. But if they don’t tear themselves down, they can’t put themselves back together; if they don’t change, they’ll be stuck in the same place forever. $SOL
One teardown isn’t enough. They might need another round in two or three months. After each teardown and reinstallation, their operating habits become a bit cleaner, and their judgment a bit calmer. Later on, he was no longer the same person as before—his personality and habits had been completely replaced. #KioxiaADRFallsOver14% $SYN
When they lose to a certain point, they stop and pull out all their trading records, reviewing them trade by trade. Which orders they shouldn’t have entered—they did; which positions they should have exited—they didn’t; which positions they shouldn’t have added to—they added. Then they dismantle themselves in response to these mistakes, fixing their flaws one by one. $HYPE
This process isn’t pleasant. Admitting that every thing they did in the past few months was wrong, admitting that they’ve been self-deceiving all along, admitting that they weren’t really trading—they were gambling. That kind of clarity is more painful than losing money. But if they don’t tear themselves down, they can’t put themselves back together; if they don’t change, they’ll be stuck in the same place forever. $SOL
One teardown isn’t enough. They might need another round in two or three months. After each teardown and reinstallation, their operating habits become a bit cleaner, and their judgment a bit calmer. Later on, he was no longer the same person as before—his personality and habits had been completely replaced. #KioxiaADRFallsOver14% $SYN