The greatest pain for a person is the inability to bridge the gap between 'knowing' and 'doing'.
People who make long-term stable profits pursue low-difficulty trading; people who incur long-term losses pursue high-difficulty trading. 2. The trading system must be simple, clear, and quantifiable. It is best to be able to see it at a glance, easy to execute, thereby reducing subjective thinking. 3. Masters always do simple and repetitive things, to the extreme. Only when you keep repeating constantly, your patterns will stabilize, and your abilities will improve. 4. Trading is a process of giving up. Giving up one's imagination and prediction is the only way to trade according to the rules; giving up counter-trend pullbacks and strong tops is the only way to follow the trend; giving up small fluctuations in order to seize the opportunity of major trends; giving up opportunities outside the rules is the only way to seize controllable opportunities.
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The greatest pain for a person is the inability to bridge the gap between 'knowing' and 'doing'.
People who make long-term stable profits pursue low-difficulty trading; people who incur long-term losses pursue high-difficulty trading.
2. The trading system must be simple, clear, and quantifiable. It is best to be able to see it at a glance, easy to execute, thereby reducing subjective thinking.
3. Masters always do simple and repetitive things, to the extreme. Only when you keep repeating constantly, your patterns will stabilize, and your abilities will improve.
4. Trading is a process of giving up. Giving up one's imagination and prediction is the only way to trade according to the rules; giving up counter-trend pullbacks and strong tops is the only way to follow the trend; giving up small fluctuations in order to seize the opportunity of major trends; giving up opportunities outside the rules is the only way to seize controllable opportunities.