This article is written for those who are in a state of confusion. Many people think that trading success is about being quick to react, sharp-minded, technically skilled, and having a high win rate. In fact, I am also just a fool. To put it bluntly: I don't trade based on intelligence, but rather on enduring persistence.
To be honest, I am not a particularly smart person.
I am neither the kind of person who can see through the market at a glance and grasp key points immediately, nor am I someone who learns things quickly.
In fact, when I first entered the industry, I made all the common mistakes that people often make, including frequent trading, heavy gambling, chasing highs and selling lows, not setting stop losses, and so on. Many people think it's all about persistence, but in reality, it's just stubbornly holding on.
I endured through the 'cognitive anxiety period'.
In the early years, I thought losses were due to insufficient skills, so I read books like crazy, learned indicators, and searched for courses—everything from Elliott Wave Theory, Bollinger Bands, candlestick patterns, moving averages, to Gann's charts; I learned whatever was popular.
However, as I learned more and more, my mind became increasingly chaotic, as I often encountered conflicting indicators, conflicting signals, and different people with different trading philosophies clashing.
Because I was just getting started, I became increasingly confused in the process of constantly learning, testing, and changing systems.
Later, I realized that this was not a technical issue; it was cognitive anxiety. You know too much but are unclear on how to use it; you see too much but haven't established your own judgment framework. Therefore, all the things I learned at that time were just a pile of garbage.
That was simply the darkest moment of my life, because in the repeated failures of strategies, I began to deeply doubt myself, wondering if I was too stupid. At that time, social media was not as developed, and there was no one to guide you; it was really hard to get out of a dead end.
Later, after reading many books, such as (Trend Trading Methods), (The Clarity of Mind), etc., I did a lot of reviews of various trading methods mentioned in them. I realized that I do not need to absorb so much 'noise'; I only need a few indicators, one system, a few currencies, and to focus on one type of market.
I began to eliminate useless tools and retained only the core indicators. I shifted from pursuing 'knowing a lot' to 'understanding clearly'. This was a painful transition, but it had to be experienced.
After simplifying the complexities, I was able to see many truths about trading clearly, which ultimately led me to find my own path.
If you don't overcome the barrier of cognitive anxiety, you will always be wandering between changing systems, directions, and strategies, and trading will definitely be stagnant.
Warm reminder: Investment carries risks; enter the market with caution.