setuju

How to survive and earn in the financial market? My valuable experience of 10+ years:

The big players, banks, whales, sharks, or whatever people call them, will always take the opposite position than most people. Because that's how the market works, you can't buy if no one is selling, and vice versa. And miraculously more than 90% of market participants who are directly exposed to price movements and almost all humans who do not participate in the financial market but still receive its impact, they are always on the wrong side. It's like a destiny, or it's embedded in human DNA, that the number of winners must always be less than losers, the number of rulers is always less than slaves, and the number of kings in this world is much less.

When I was a beginner I always thought that all of this was orchestrated and manipulated. But it turned out I was wrong. Actually, the big players are also speculating, there is no 100% certainty in anything including investment/trading. It's just that they speculate based on different considerations, with different mindsets and mentalities, and of course with different management and self-discipline from most people.

So after realizing that, I temporarily put aside all my knowledge about trading (technical/fundamental), management, and things like that. I started to learn to understand the psychology of the winners, how they see things, what makes them different from most people. I was helped by the book Psychocybernetic. And slowly I was able to follow what they saw, believed, and did, the big difference was only in the difference in capital. But I am very grateful to have reached the right path.

It all starts with our minds. That's not just an empty sentence.
#BTCNextMove