The essence of trading has never been about competing with the market, but rather combating one's own human weaknesses. Those traders who can navigate through bull and bear markets may not be the most technically skilled, but they are certainly the most mentally stable. Here are 3 key mental strategies to remember today to help you maintain your core during fluctuations:

🚨 First, break the three mental demons: data shows how valuable emotions can be.

1. FOMO chasing high prices demon: When the Google Trends heat for a certain coin peaks and the community floods with 'missing out and hitting thighs', data shows that the subsequent 7-30 days of returns are likely negative. The peak of public frenzy is often the starting point for major players to offload; what you think is the 'last train' might actually be the 'crash scene'.

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2. Frequent trading demon: Low-frequency traders achieve an annualized return of 18.5%, while high-frequency trading groups, after incurring a friction cost of 3.8%, only see a return of 11.4%. Attempting to capture every wave with 'smart operations' will ultimately cause you to miss out on the main upswing of asset appreciation.

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3. Holding onto losses demon: Assets that have lost over 50% require a 100% increase to break even, and the probability is extremely low. Clinging to the illusion of 'just wait a little longer for a rebound' is essentially paying for luck with opportunity cost, which may ultimately turn a 'small loss' into 'zero'.