Mindset is the most important

In trading, there will be losses. Losses are not a big deal; as long as you summarize and learn from the losses, you will emerge from them and achieve a higher understanding. This is often referred to as the idea that sometimes a loss can also be a gain. However, most of us overlook this concept and often cannot extricate ourselves from the pain of loss. We should learn to uplift our spirits in times of loss, not only summarizing our experiences and lessons, which will lead us to a higher dimension of trading.

Trading can only lead to insights after experiencing failure repeatedly. Do not expect to achieve success in a very short time. First, prepare yourself for long-term survival in the market, and then think about how to make a profit. Only by surviving can there be hope for stable profits.

Be humble in victory, and do not complain in defeat.

Only those who do practical work deserve respect.