If you lose, just start over, as long as you can afford to lose, you can have the courage to get back up at any time.
Standing high means you can see far, not that you can jump far. If you can't swim, you shouldn't go near the sea. The sea turtles by your feet and the fish at the edge of the cliff are destined to happen like black swans.
Continuing from the previous text 🔥
At that time, what I kept thinking was to achieve instant success and recover my investment in one go, so my positions were particularly exaggerated, without any position management or risk management, only what I wanted. Therefore, I would invest as much as I wanted. The ignorance and fearless courage at that time seemed rather ridiculous yet sincere (thoughts on picture 4)
I shorted about 88 ET.H at this moment. (Pain will make you remember the emotions at that time. So why can you grasp the position of K-lines? Because you understand emotions, know why the current chart is like this, understand what everyone is thinking, jump out, and then layout your position well, and money will come.)
Turtles remind me of the turtle trading rules. Back then, everyone said you need your own trading system. So, what is a trading system really? Why do I look at the RSI indicator and candle charts? Can these basics really lead to profits?
The system is designed to regulate your behavior, preventing you from making significant mistakes, allowing you to qualify to remain in the market. As for profit, I lean towards it being emotional, a cognitive aspect of humans.
Always talking about greed and fear, afraid of missing out or unable to hold. This isn't your fault; everyone is like this. What we see causes a unified reaction in the brain. We want to go long at high points and clear positions at low points.
So the solution back then was to endure until the collapse, which marked the beginning of the trend. The original capital was exploited until it lost qualification. The downward trend started happily, but you found that while the direction seemed right and the timing seemed good, you didn't gain enough enticing profits because your capital wasn't enough. Your qualification was consumed by your own ups and downs of emotions until you were at a loss.
At that time, I was really brave. I thought my strength should be encouraging myself, persisting, and being able to motivate myself repeatedly, telling myself I can do it.
So what is the truth of the market? Is it about direction? Is it about timing? How can one judge the correct timing? (This took me a long time. Initially, I managed to not blindly follow, but after a few times, I started to feel that the timing was right and unconsciously over-invested, repeating this until you are sufficiently pained. What does brain pain feel like? I don't really know. It's just that every candle chart memory is very profound. I look at the one-hour chart of K-lines, sketching the future.)
Reflect on the correct behavior.
1. Wanting to heavily invest is because you want to achieve success in one step. You don't want to rely on yourself to always grasp the correct trend. So you want to turn things around in one go. But after heavily investing, is the profit enough? Your desire will keep you addicted.
