A trader's self-cultivation: Learning to embrace boredom

In the past, I thought a master trader's life should be: dual monitors, fingers flying, completing dozens of brilliant trades in a day. Until I personally saw a friend who truly profits steadily; most of the time he is watching movies, reading books, or even ... daydreaming.

He said, "The market's frenzy does not belong to me; I only take a small piece of meat that belongs to me." And what about me? I used to want to catch every V-shaped reversal, predict every high and low point. The result was constantly being slapped in the face by the market, working hard for more than half a year, only to return to square one overnight.

I have experienced the longest "garbage time" where the market oscillates back and forth within a range. I kept buying high and selling low; I succeeded the first few times and felt like a genius. On the last attempt, I thought it would return to the range, but the market broke through directly, never to return. I not only lost all the previous profits but also incurred huge losses.

Blood and tears reflection:

Enduring loneliness is the way to hold on to prosperity: being able to calmly endure 70% of boring oscillations is the prerequisite for capturing 30% of trending markets.

Abandon the illusion of being "all-powerful": you cannot capture all profits. Acknowledge that some money does not belong to you, and only then can you hold on to the money that belongs to you.

Quality far outweighs quantity: throughout the year, the few key correct trades are often what allows your account to achieve a leap.

Now, I have also learned to "daydream". Not really daydreaming, but waiting. Waiting for the most perfect signal in my system to appear. Trading has finally transformed from a tiring competition to a serene practice.