The trading market seems to be filled with countless opportunities, but only by stepping in will you realize that traps are the norm. $BEAT
After more than a decade, my biggest realization is just one: the market never lacks opportunities; what it lacks are people who can survive.
When first entering the market, almost everyone is full of confidence, thinking about turning their fortunes around quickly and achieving freedom. But reality soon douses this confidence with a bucket of cold water —
floating profits vanish in an instant, while losses continue to expand. After being knocked back to reality time and again, you come to understand that the market shows no sympathy for anyone's fantasies.
It is more like a calm mirror, infinitely magnifying greed, fear, hesitation, and impulse.
These common human traits can become fatal weaknesses in the face of market fluctuations, ultimately dragging countless people toward the abyss.
It is this cruelty that forces traders to establish their own trading rules.
Rules are not just about telling you when to buy and when to sell; they also set the baseline for behavior in complex market conditions, like coordinates in navigation, preventing one from losing direction.
Truly effective rules must come from long-term review and reflection.
By coordinating across multiple timeframes:
Use larger timeframes to judge trends, medium timeframes to filter opportunities, and smaller timeframes for precise entry.
This can reduce ineffective operations during fluctuations and allow for more secure profit amplification in trending markets.
At the same time, rules must also cover position sizing and risk control.
Enter with small positions, set clear stop losses, and ensure that any mistakes will not be disastrous.
But ultimately, the most challenging part is not creating rules, but executing them.
The essence of trading is a game of probabilities; there is no such thing as being right every time.
The significance of rules is not to prevent mistakes, but to make mistakes controllable and to allow advantages to accumulate.
Daring to admit mistakes is not weakness, but maturity.
The market has no emotions, nor does it hold biases.
It does not target anyone; the true opponent is always ourselves.