In the financial market, names like big banks, investment funds, whales, or even 'sharks' are often mentioned as forces capable of manipulating and controlling the game. However, the truth is they are also doing one thing: speculating. Even with massive wealth, they cannot achieve absolute certainty in any decision. What sets them apart is how they perceive, analyze, and act.
The Nature of Market Operations
The market operates based on the balance of supply and demand:
You cannot buy if no one is selling.
You cannot sell if no one is buying.
The problem is that most people - both those directly involved and those indirectly affected - always seem to side with the 'losers'. This seems to be programmed into human nature, where the number of winners is always less than the number of losers, much like the number of kings is always less than the number of farmers.
Misunderstanding Manipulation
When I first entered the market, I thought everything was 'staged'. It seemed like the big players controlled everything, from prices to trends. But after some time of exploration, I realized that was just personal interpretation. Even though the 'big players' have more power, they are still players and must face uncertainty. What helps them stand out is:
Mindset:
They are not swayed by fleeting emotions.
Always predict multiple scenarios, not relying on a single direction.
Discipline:
Have a strict risk management strategy.
Know when to accept mistakes and stop.
Long-term vision:
While most only focus on short-term profits, they concentrate on the bigger picture.
Mindset Shift
Upon realizing this, I decided to temporarily set aside all knowledge of technical and fundamental analysis. Instead, I focused on understanding the psychology of winners:
How do they perceive failure?
What beliefs help them persevere?
What habits set them apart?
The book 'Psychocybernetic' became a major turning point in my journey. It helped me understand that the difference lies not in capital or complex trading skills, but in how we perceive ourselves and the world.
Lessons Learned
First, learn to control your emotions. Most failures stem from being driven by greed and fear.
Secondly, don't follow the crowd. Stop and reflect when you see the crowd acting hastily.
Thirdly, patience and discipline are key. Successful people do not necessarily have to be better than you; they are just more consistent and have clearer strategies.
Conclusion
The financial market is not a place to look for 'shortcuts' or luck. It is a psychological game where you not only face others but also have to overcome yourself. And to achieve that, understanding the psychology of winners is the most important first step.
DYOR! #Write2Win #Write&Earn $BTC
