Why is trading considered a practice?
1. The market is complex and ever-changing. The key to trading is simplifying the complexities and finding an outlet amid uncertainty in the market.
2. The road to trading is filled with pitfalls. Trading must be honed in real markets; going against the trend, holding positions, facing liquidation, and doubling down must be personally experienced to be fully understood.
3. Traders must overcome many barriers. Technical barriers, system barriers, capital management barriers, emotional barriers, psychological barriers, and the unity of knowledge and action barriers; if one does not strive to improve oneself, it is fundamentally impossible to overcome them.
4. Trading requires both gains and losses. It is impossible to capture every market opportunity, and many trading chances will inevitably be “missed.” The most important aspect of trading is focus; one should concentrate on familiar areas and only earn what belongs to them. In a vast sea, only take a spoonful.
5. Consistent execution in trading is difficult. Consistent execution in trading is the hardest; the temptation of luck will occasionally interfere, and without a certain level of inner stability, it is fundamentally impossible to achieve.
Trading behavior reflects the trader; through various trading appearances, it mirrors different mindsets of traders: greed, fear, obsession, and regret.
Only by introspection and cultivating one’s mind and character can a trader find their true self; only in this way can they gradually emerge from trading.
