Why is trading considered a practice?
1. The market is complex and ever-changing. The key to trading lies in simplifying the complicated and finding an exit in uncertain markets.
2. The path of trading involves many pitfalls. Trading must be honed in real markets; one must personally experience going against the trend, holding positions, liquidations, and doubling down to truly understand.
3. Trading requires overcoming many obstacles. Technical barriers, system barriers, capital management barriers, emotional barriers, psychological barriers, and the integration of knowledge and action barriers—if one does not strive to improve, one cannot overcome them.
4. Trading requires both gain and loss. It is impossible to capture every market move; many trading opportunities will certainly be “missed.” The most important aspect of trading is focus; stay fixated on familiar territory, and only earn what belongs to you. In a vast ocean, only take a scoop.
5. Consistent execution in trading is difficult. Consistent execution in trading is the hardest; the temptation of luck will occasionally interfere, and without a certain level of inner stability, it is fundamentally impossible to achieve.
Trading behavior reflects the trader. Through a myriad of trading appearances, it reflects the trader's different mindsets: greed, fear, obsession, and regret.
Only by seeking inward, cultivating the mind, and nurturing one's nature can a trader find their true self; only then can they gradually emerge from trading.