Many people earn money in an industry, but they are not happy. Why? Because what they do is not what they love.
Look at me; I’ve gone from a complete novice to someone who every day dives into trading to capture my own trends. Making money is one reason, but the bigger reason is passion.
I particularly love a saying by Lei Jun: “Passion is the reason and answer to everything.”
Last year, when I was offline talking with a few fans, I still said: before you come to see me offline, it’s best to put your phone aside, lie down for 20 minutes, close your eyes, and think: do you really love this industry?
Do you really want this to be one of your options in life?
Regardless of success or failure, if you ask your inner self and it’s true, then I think you meet the criteria, so come.
What is true love? In psychology, when I was in college, I majored in law and minored in history. What is true love?
Even if you don’t know the outcome in the future, you are willing to give your all: time, energy, finances, even your dignity!
Most people know their overall level is not good and are unwilling to change. Isn’t that like you trying to lose weight? Knowing that eating less and exercising more is the key, how many can actually do it? Or can you, like me, live stream during the day, live stream until midnight, then wake up at 5:30 AM to run 5 kilometers, and take a scheduled 40-minute nap at noon?
What I can achieve is not because I am awesome; rather, I know I am foolish, and I admit my own foolishness.
What do you think?
A little insight, a little bias, hope it helps everyone.
My trading logic stems from a core understanding: the essence of the market is the risk game under uncertainty. In this game, only those who have truly experienced the trials of the market will deeply understand how important 'stop-loss' is and will truly learn how to use behavioral psychology to combat their inner greed and fear.
On the road of trading, I have personally stepped into many pits and taken many detours. It is these experiences that gradually made me understand that true growth is not about aging but about systematic reflection and improvement of self-awareness.
Whether a trader has truly 'entered the field' is not determined by how many candlestick charts they have looked at or how many 'big V' analyses they have heard, but whether they possess the ability to think independently—whether they can objectively assess the logic behind the information, whether they can rationally judge the true level of information sources, rather than being misled by sensational headlines and emotional expressions.
This is the cornerstone of trading cognition.
In practical combat, I always adhere to a core principle: opportunity cost takes precedence over error cost. This means do not waste your 'bullets' easily, and do not force yourself into the market just because you feel you might miss out.
The core of trading is never about choosing the right coins but about choosing the right timing to buy and sell. You must learn one thing: evaluate the risk-reward ratio with strict standards. Even if a certain asset has a strong trend, if it does not meet your expected returns, adhering to discipline and proactively giving up is true maturity and rationality.
I know these principles sound simple, but very few can truly implement them. Do you want to be that exception?
You are afraid to try; you can't put yourself in that painful, passive learning environment because any environment that forces you to learn passively is painful. You are just not courageous; you are a softie — (Lu Da Mo)
If you want stable profits, first ask yourself: what can you give to achieve stable profits? Time? Energy? Money? Countless failures? Not to mention one year, two years, three years…
You can’t accept it, so you are just a softie who desires to get rich quickly, fears failure and being cheated, is lazy, does not love learning, and is impolite.
This field has a very low barrier to entry, a very high ceiling, and also very high risks. Most people do not know how much they gain or lose when the price goes up by 10% and then down by 10%, nor do they calculate slippage and fees. Many are still trading with debt, so my only advice to you (especially beginners) is: uninstall early and return to reality.
Many people add me or countless KOLs, 99% of them want to get rich quick without paying attention to truly learning, observing, pondering, and deeply researching their methods of making money.
Of course, there is also a stubborn part that thinks they are 'genius traders'. Most of those active in this market are like this, suffering losses for years/uninstalling/reinstalling/breaking the account and uninstalling again... repeating back and forth. Most people cannot make a profit in 1000 trades, and even doing 100 backtests is beyond their capability.
Many people think trading is very easy, but in fact, trading is ten times, a hundred times harder than working. Only if you truly love it can you persist and achieve long-term, stable profits in this market. You must do what you love; do not let a moment of luck or quick money destroy all your funds.
Walk the right path, use extraordinary tactics, be focused, and stay grounded.
Everyone in the market thinks that 100x leverage and getting rich overnight are very important, but I think a person's lower limit (defense) is particularly important. No matter how bad I am, I won't fall too far. If you earn money by luck, once that luck runs out, or that avenue closes, you will fall back to being a wage earner or worse.
But if you are down-to-earth and have walked step by step to the 15th floor, you cannot suddenly fall to the first floor; at most, you would drop to the 12th floor or a few floors down.
A professional trader earns more money in an uncertain market, which aligns with a saying: the money you earn is not because you increased leverage, but because your skills and fundamentals are becoming increasingly refined, and because of your solid understanding of fundamentals, national policies, international economic trade, and your solid technical analysis. All these factors contribute to the money you earn.
So leverage doesn’t need to be particularly high; what’s really high is the understanding. Many people fall into the misconception that if they increase leverage and stop-loss, they won’t get swept out and can earn wealth others can’t; this is a misunderstanding.
Because humans have limits to their endurance, if your monthly salary is around 18,000, and you're given a position size of 5,000, you might handle it well if your skills are solid. But if you're given a position of 5 million USD, and you experience a 3% or 4% drawdown, calculating the loss could mean tens of thousands, which you simply cannot manage. Technically, it has little to do with your skills; you understand, right? This is about psychological thresholds and the ability to manage wealth, so many things have their own principles, and you need to understand these principles. And all of this is based on your passion, time, energy, financial practice, guidance from others, fearlessness of failure, the ability to overcome your own shortcomings, and a humble attitude.
As a trader, it’s best not to fantasize about where the market is going; many times, why do you lose?
It is because you always want the market to move according to your thoughts, but true professional traders are not like this; they act based on what has objectively happened.
Non-professional traders think the market will move according to their logic, whereas professional traders think about what has happened in the market and how they should align their actions with the market. So don’t indulge in fantasies about where the market will go; the only thing I can do is protect my mentality in a given market period to survive longer in the trading world.
This 'profession' does not mean you should be like an institutional trader; rather, you need to give up your 'play' mentality towards trading. Treat trading as a profession, treat it as a trade!
If you really can't find someone to guide you, feel free to register for a Binance account using my invitation code/link and join the community for free; of course, you can also pay.
I hope you are someone with time, humility, politeness, able to accept Warren Buffett's idea of 'getting rich gradually' and also happen to recognize and like me. Then welcome to join my community (all are essential), and I also take apprentices.
Written at the end:
1. Trading is 'work'; it is a profession, a trade, earning and losing, earning and losing again...
2. If you pursue 100% profit, I suggest you look for God.
3. Ignorance and poverty are never survival barriers; 'arrogance' is.
Above all, let’s encourage each other.
Thanks to Binance for providing such a good platform 🥂
Thanks to friends I have never met who support me in the square 🤝
————June 16, 18:11
To outsiders, trading is just a game of flashing numbers on a screen, and the fluctuations of price charts are merely cold lines. But only those who are truly immersed in the capital market understand that behind every price fluctuation lies the most intense struggle of human nature. There is no room for luck; every transaction is a battlefield of greed and fear, a life-and-death duel between desire and rationality in milliseconds.
When first entering the market, the drastic fluctuations can easily trigger nerves. Every number that jumps in price feels like a hammer striking the heart, leading one to lose direction in chasing highs and selling lows. It is only after experiencing countless ecstasies and despairs that one gradually realizes: the real battlefield is not in the candlestick chart, but deep within one’s restless heart. Those amplifications of greed and fear by the market, the missed opportunities due to hesitation, and the bitter consequences of impulsiveness are the most naked projections of human weaknesses.
True trading masters are like hunters lurking in the jungle. They have abandoned the reactive responses to short-term fluctuations and are no longer swayed by price ups and downs. They patiently wait for the best opportunity in trends, quietly accumulating strength during market fluctuations. In this ever-changing market, they seek not only the code to profit but also a trading philosophy that can penetrate chaos—finding patterns in disorder and grasping the essence amid fluctuations.
When the trading strategy perfectly aligns with the market rhythm, that sense of achievement that transcends money is enough to make one feel passionate; while the frustration from a misjudgment is as unforgettable as icy cold. Trading is never just a simple game of buying and selling; it is a practice of deep dialogue with oneself, a journey of endless growth.
