How to become a professional trader and maintain continuous and stable profits, and continuous and stable profits mean the effect of compound interest, with funds growing geometrically. This is what everyone wants to achieve, but those who can truly accomplish this are indeed rare.
Only after countless failures can the rare individuals among these many failures become such people.
First of all, can you avoid being influenced by others? You are an independent and unique person. Musk once said, 'I never fear others disliking me, and wanting others to like you is a weakness of human nature.' Whether it’s your relatives or strangers, what they say does not make you happy or sad. Some people even influence themselves; when you hold a position in one direction, you lose judgment and cannot timely take profits or cut losses. This first step can be said to filter out the rare gems. When someone is deep and emotional, in reality, who can encounter joy and sorrow without noticing? It can only be said that such people do not have feelings in their hearts, meaning that the vast majority of things do not affect emotions and judgment.
The second point is that you must experience many failures and mistakes to find your own method. So when you are ready and think this way, start by taking a few hundred or a few thousand to prepare to find your own method. Do not lose your capital without having the opportunity. This again brings us back to the first point: can mistakes and failures affect you? More importantly, a lot of time has been spent; one or two rounds of bull and bear cycles have passed, but think carefully, there will be countless opportunities later.
The third point is that even if you find this method, it cannot be 100% correct. There is nothing that is 100% right; there could be mistakes, and you need to stop losses. Your own methods will certainly carry such judgments. This will lead to countless instances of self-denial, quickly cutting losses, and starting over. This brings us back to the first point: do mistakes and self-denial affect you? How to find the balance point between profit and loss to keep your stop losses within a certain range.
The last point is that you are fortunate enough to meet such people who will play with you, but it is also very difficult to meet such rare individuals; it may really depend on luck. Even if you do meet them, there is a 90% chance that you will miss out, because this brings us back to the first point: such people will not please you or speak to your heart; if you are unhappy, you will miss out.
Regarding the last point, it's a simple truth that many people understand: since you can make money yourself, why teach others? Many like to exaggerate how profitable they are, which is only useful for beginners, but sadly, there are too many beginners! There are always too many people who like to listen. There are also kind-hearted people who love to teach, but they themselves do not have absolute skills, because their attention is not on themselves but on others. This brings us back to the first point: focusing on others rather than on yourself. Those scholars who are often stubborn and rigid often have achievements, while those who pay attention to you often have their own thoughts.
Finally, let me give another example and tell a story. When Einstein first arrived in America, others advised him to pay attention to his appearance and not to look sloppy. His response was that nobody knows me; it doesn't matter what I wear. The other person said, 'You are already famous; everyone knows you.' His response was, 'Since everyone knows me, it doesn't matter what I wear!' Just like in this picture, the casually dressed man with messy hair is chatting with his friend in a suit; the whole world knows him but does not know his friend in a suit.
