Why is trading considered a practice?

1. Market conditions are complex and ever-changing. The key to trading is simplifying the complex and finding an exit in uncertain conditions.

2. The path of trading involves many pitfalls. Trading must be honed through real market experience; going against the trend, holding positions, facing liquidation, doubling down—these must be personally experienced to truly understand.

3. Traders must overcome many barriers. Technical barriers, system barriers, capital management barriers, emotional barriers, psychological barriers, and the integration of knowledge and action—if one does not strive to improve oneself, crossing these barriers is impossible.

4. Trading requires sacrifice and gain. It is impossible to capture every market movement; many trading opportunities will inevitably be “missed.” The most important aspect of trading is focus—concentrate on familiar territories and earn only what belongs to you. In a vast sea, just take a scoop.

5. Consistent execution in trading is difficult. The hardest part of trading is maintaining consistent execution; the temptation to take chances will always arise, and without a certain level of inner stability, it is fundamentally unachievable.

Trading behavior reflects the trader. Through the myriad of trading appearances, it reflects different mindsets of the trader: greed, fear, obsession, and regret.

Only by looking inward, cultivating the mind and character, can a trader find their true self, and only then can they gradually step away from trading.