Summary of 6 Years of Trading Experience in 5 Stages:
1. Novice Chaos Zone
Blindly entering the market and frequent operations
Characteristics: Gambler's mentality, holding onto losing positions against the trend
Outcome: 80% of people are eliminated at this stage
2. System Obsession Phase
Frantically studying indicators and formulas
Obsessed with technical analysis, various candlestick combinations, and various pattern indicators, pursuing perfection
Outcome: Going through cycles of losses and margin calls, ultimately giving up
3. Cognitive Breakthrough Phase
Beginning to awaken during the downturn, accepting the unpredictability of the market, as if reborn, transitioning from a predictive mindset to a rules-based approach, starting to cut losses
4. Stable Profit Phase
Strict execution, like a robot, rigorously cutting losses and taking profits, starting to make stable profits, maintaining a calm mindset, treating trading as a job, remaining unfazed by gains and losses.
5. Trading Master Phase
Simplicity is the ultimate sophistication (I haven't figured out this stage either)
Brothers, which stage do you belong to?