CoinVoice recently learned that Shen Yu shared his trading insights on his social platform, "Every trade of 'buying more as it rises' is essentially not trading in the market, but trading in self-worth. Increasing positions is not because of new insights into the market, but because we need greater profits to maintain a larger self-illusion. The market becomes a mirror, and what we are obsessed with is not the profits themselves, but that 'invincible' self in the mirror.
This is why all advice about trading discipline and systems, while correct, is difficult to truly change behavior. Because you cannot fix an existential problem with a technical solution.
The most ironic thing is: We think we are using money to exchange for wealth, but in reality, we are using wealth to exchange for an illusory self-identity.
In this trade, we were destined to be losers from the very beginning.”[Original link]