What is the true way of trading? We should not only pursue a simple trading system but also strive for simple humanity. We must learn to avoid greed and fear.
Because trading is not only a technical activity but also a cultivation of human nature.
A good trading system emphasizes simplicity and clarity, but a truly profitable trader must possess a 'simple heart'.
What is a simple heart? It means having fewer illusions, less greed, not getting overly excited in front of market fluctuations, and not panicking during temporary losses.
You can refine the system to perfection and write the rules clearly, but as long as you cannot control 'greed' and 'fear', these systems will eventually be broken by you.
In trading, the experts who survive to the end are not those who know the most, but those who can adhere to their own set limits.
When the market rises, do not be greedy; when it falls, do not be afraid. Follow the system, do not add drama, do not get carried away. To put it simply, be clean in character and straightforward in trading.
Therefore, in trading, practice your skills externally and cultivate your humanity internally. The simpler the system, the better; the same goes for people. The more transparent you are, the better you can survive; the more attached you are, the easier it is to stumble. If you want to go far, you must practice having 'a heart like still water'.
