Trading is a practice, and the market is complex and ever-changing. The key to trading lies in simplifying the complex and finding an exit in uncertain conditions. The path of trading has many pitfalls. Trading must be honed in real markets; experiencing counter-trends, holding onto positions, margin calls, and doubling down must be lived through to truly understand. Trading requires crossing many thresholds: technical barriers, system barriers, capital management barriers, emotional barriers, psychological barriers, and the integration of knowledge and action. Without self-improvement and honing, it is fundamentally impossible to transcend.
Trading requires both sacrifice and gain. It is impossible to capture all market movements; many trading opportunities will inevitably be "missed." The most important aspect of trading is focus, concentrating on familiar territory, and only earning what belongs to oneself. In a vast river, only take a scoop.
Consistency in trading execution is difficult. Achieving consistency in trading execution is the hardest part; the mentality of luck will occasionally interfere, and without a certain level of mental stability, it is fundamentally impossible to achieve. Trading behavior is a reflection of the trader; through the myriad of trading appearances, it reflects different mental states of the trader: greed, fear, obsession, regret.
Only by seeking inward and cultivating the mind and nature can traders find their true selves; only then can they gradually step away from trading.
