In my opinion, the concept of unity of knowledge and action is indeed more difficult than one can imagine. I am afraid that 90% of people have encountered setbacks in practice. What I firmly believe in is the saying "the boundary of knowledge determines the boundary of wealth", which reveals a simple but profound truth: our wealth growth is often limited by our knowledge reserves and cognitive scope. In other words, the money a person can earn is basically the money within his cognitive scope.
In addition, I also believe that the circle people are in has an important influence on their destiny. Different circles represent different sources of information, network resources and ways of thinking, which will directly or indirectly shape the trajectory of a person's destiny.
For trading, the importance of unity of knowledge and action is self-evident. So, what is unity of knowledge and action? In my opinion, it comes from the wisdom of Wang Yangming, a master of the School of Mind in the Ming Dynasty. He proposed that "knowledge is the idea of action, action is the effort of knowledge; knowledge is the beginning of action, and action is the completion of knowledge", which deeply reveals the dialectical relationship between knowledge and action. In simple terms, knowledge should guide action, and action is the practice and verification of knowledge. Only when knowledge and action are perfectly integrated and reach the state of "unity of knowing and doing", can it be regarded as true unity of knowledge and action.
However, in the trading market, I often see many people making ineffective transactions. They seem to trade just for the sake of trading, without clear goals and strategies. In my opinion, the essence of trading is to wait and grasp the trend, to wait for that key node and position. For example, in the current bitcoin market, 67,000 above is an obvious pressure level, and 65,000 below is a solid support level. When the current price is at 66,000, should we place an order blindly, or wait patiently for the price to approach the pressure level or support level before taking action? This is a question worth pondering.
As for whether to follow your feelings or indicators when placing orders, I think there is no absolute answer. Everyone has different trading styles and risk preferences. The key is to find a method that suits you and strictly implement it. In my opinion, whether it is feelings or indicators, they are just tools to assist us in judging the market. What really determines the success or failure of a transaction is our mentality and discipline. Therefore, I suggest that everyone should remain calm and rational in trading, and not blindly follow the trend or trade impulsively. Only in this way can we move forward steadily in the market.
