To make money in trading, one important point is to be ruthless enough.

🟠 Retail investors lack the killer instinct, which is reflected in their insufficient toughness; they hesitate to buy when they should, reluctant to cut losses when needed, and afraid to hold positions when they ought to.

🟠 This applies not only to trading but to anything else. When a leader asks you to check the streets for illegal vendors, you take a look around and feel sorry for those trying to make a living, so you don't chase anyone away. When the leader asks you to catch unlicensed dogs on the street, you think the dogs are too cute, so you don’t catch any.