Because when a person is eager to change their fate,
His emotions, judgments, positions, expectations,
It's already destined to be imbalanced.
It's not the market's fault,
This is a script written by human nature.
Carrying ambition, anger, delusion, obsession,
Like holding a heated weapon,
Just want to turn my life around overnight.
The result is found:
The more you want to rely on the market to turn things around,
The market will make you kneel down more.
It's not because you're not smart,
but because you want to win too much.
Livermore's classic quote:
At the moment you enter the market with emotions,
You have already lost,
Temper unchanged,
The market will always take away your chips.
This sentence is not a warning, it's a prophecy.
Because all liquidations
It's all emotions that explode first, then liquidation.
Have you seen truly capable people?
It's not those who appear confident,
but rather those who seem to be
the 'unperturbed' people.
They don't gamble, don't rush, and don't seek explosions,
They won't be so happy about unrealized profits that they shine,
Also won't be driven crazy by unrealized losses.
Their hearts are stable,
That's why their positions can remain stable over time.
Trading is not a shortcut to change fate,
but rather the mirror that exposes fate.
What kind of personality do you have,
you will encounter some market situation.
Impatient people encounter sharp declines,
Greedy people encounter false breakthroughs,
The delusional person encounters a false trend,
Stubborn people encounter one-sided declines.
This is not coincidence, this is causality.
The market never owes us a future,
It only rewards those who first understand the present.
May you, before getting on the next ride,
First stabilize the heart, then stabilize the hands.
It's not about pursuing explosions,
but rather become someone who is not swayed by the market.
