Consolidate your learning. Today was another day without losses and with diligent study and reflection. Watched a video—pretty good—organized and sharing it here.
This is a video about trading mindset. The creator shares, through personal experience and observation, the counter-intuitive logic for making money in trading. The core points are as follows:
1. Essential Understanding of Trading
• It’s not a myth that some people turn tens of thousands into hundreds of millions, nor is it due to talent or mysterious tricks, but thanks to seemingly simple trading mindsets that can change one’s fate.
• Trading is not about skills or predictions; the core is mindset and self-restraint. True experts win by restraining themselves, not by predicting the market.
2. Common Trading Pitfalls and Correct Approaches
• Mistake 1: Being Overly Eager for Quick Success Many people rush into the market, eager to take action, recover losses, or prove themselves, often resulting in losses. Correct approach: Traders who succeed in the long run are surprisingly “slow.” They watch the market for long periods without acting, only entering at the most comfortable, confident moments—precise and steady. “Rushing is the beginning of losses; going slow is how profits accumulate.”
• Mistake 2: Blindly Bottom Fishing or Fighting the Trend Bottom fishing is a shortcut to emotional breakdown. Mature traders only follow trends—they don’t bottom fish or top-pick, but closely follow trend directions driven by capital flows.
• Mistake 3: Complaining About the Market After Losses Markets themselves are irrational. When losses occur, don’t blame the market—reflect on whether you acted impulsively, made assumptions, or deviated from your trading plan. The market uses losses to show you what you did wrong; the blame lies in failing to do what you should have.
3. Key Trading Mindsets
• The Wisdom of Staying Out: Sometimes the best move isn’t to enter but to stay out. Staying out isn’t cowardice—it’s respecting trends and capital, avoiding forced trades in a quiet market that can backfire.
• Attitude Toward Losses: Losses aren’t scary—what’s scary is refusing to understand why they happen. Every loss is tuition that helps reduce future harm. The core of trading is not to profit from every trade, but to make losses lighter, mistakes fewer, and yourself more stable.
• Discipline and Execution: Execution is the foundation of all techniques. Everyone can learn and use technicals and indicators, but almost no one can stick to executing them. True experts have extreme discipline—they can persist where others can’t and restrain themselves where others fail.
• Risk Control: The core of professional trading isn’t how much you can make, but how much you can lose. Control your losses and profits will come naturally. Engrain “better to miss than to make a mistake” into your trading principles.
4. The Game Between Market and Human Nature
• The market is like a mirror—it magnifies your strengths and weaknesses. The more you avoid your own problems, the more the market makes you suffer; the more you know yourself, the more the market gives you opportunities.
• Trading isn’t about beating others—it’s about beating your impulsive past self. If you can be steadier, calmer, and more disciplined than yesterday, you’re already ahead of 90% of traders. The market doesn’t require perfection—just that you don’t make major mistakes, manage risk, and big returns will come naturally in the future.
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Consolidate your learning. Today was another day without losses and with diligent study and reflection. Watched a video—pretty good—organized and sharing it here.
This is a video about trading mindset. The creator shares, through personal experience and observation, the counter-intuitive logic for making money in trading. The core points are as follows:
1. Essential Understanding of Trading
• It’s not a myth that some people turn tens of thousands into hundreds of millions, nor is it due to talent or mysterious tricks, but thanks to seemingly simple trading mindsets that can change one’s fate.
• Trading is not about skills or predictions; the core is mindset and self-restraint. True experts win by restraining themselves, not by predicting the market.
2. Common Trading Pitfalls and Correct Approaches
• Mistake 1: Being Overly Eager for Quick Success
Many people rush into the market, eager to take action, recover losses, or prove themselves, often resulting in losses.
Correct approach: Traders who succeed in the long run are surprisingly “slow.” They watch the market for long periods without acting, only entering at the most comfortable, confident moments—precise and steady. “Rushing is the beginning of losses; going slow is how profits accumulate.”
• Mistake 2: Blindly Bottom Fishing or Fighting the Trend
Bottom fishing is a shortcut to emotional breakdown. Mature traders only follow trends—they don’t bottom fish or top-pick, but closely follow trend directions driven by capital flows.
• Mistake 3: Complaining About the Market After Losses
Markets themselves are irrational. When losses occur, don’t blame the market—reflect on whether you acted impulsively, made assumptions, or deviated from your trading plan. The market uses losses to show you what you did wrong; the blame lies in failing to do what you should have.
3. Key Trading Mindsets
• The Wisdom of Staying Out: Sometimes the best move isn’t to enter but to stay out. Staying out isn’t cowardice—it’s respecting trends and capital, avoiding forced trades in a quiet market that can backfire.
• Attitude Toward Losses: Losses aren’t scary—what’s scary is refusing to understand why they happen. Every loss is tuition that helps reduce future harm. The core of trading is not to profit from every trade, but to make losses lighter, mistakes fewer, and yourself more stable.
• Discipline and Execution: Execution is the foundation of all techniques. Everyone can learn and use technicals and indicators, but almost no one can stick to executing them. True experts have extreme discipline—they can persist where others can’t and restrain themselves where others fail.
• Risk Control: The core of professional trading isn’t how much you can make, but how much you can lose. Control your losses and profits will come naturally. Engrain “better to miss than to make a mistake” into your trading principles.
4. The Game Between Market and Human Nature
• The market is like a mirror—it magnifies your strengths and weaknesses. The more you avoid your own problems, the more the market makes you suffer; the more you know yourself, the more the market gives you opportunities.
• Trading isn’t about beating others—it’s about beating your impulsive past self. If you can be steadier, calmer, and more disciplined than yesterday, you’re already ahead of 90% of traders. The market doesn’t require perfection—just that you don’t make major mistakes, manage risk, and big returns will come naturally in the future.