The essence of trading: a battle with one's own humanity!

Coin trading and stock trading are, on the surface, a battle against the market, but the real game is actually with oneself. The ups and downs, temptations and fears in trading are a test of human nature. If you want to make money, you must win over yourself. If you understand the following aspects thoroughly, you will be one step closer to success.

1. Fight against greed

Everyone who enters the market wants to make a lot of money, but greed often traps people. Many people are unwilling to sell when they see the rise, and as a result, they are killed when they take over at a high position. The most difficult thing in trading is to be content, grasp the goal, and leave when you make a profit. Don't think about stepping on every wave of the market.

2. Overcome fear

When the market falls, it is the most challenging for people's hearts. Many people panic when it falls and can't help but sell at a loss. In fact, the market cannot rise or fall all the time. If it rises too much, it will pull back, and if it falls too much, it will rebound. The key is to make calm judgments and not operate blindly out of fear.

3. Get rid of herd mentality

This is especially true in the cryptocurrency circle. After some people enter the market, they see others making money by buying something, and they are eager to follow suit, regardless of whether it is a high position. Only a few people can really make money. If you want to make money from others, you have to do the opposite. Don't blindly follow the trend and have your own judgment.

4. Control impulse

Impulse is the biggest enemy of loss in trading. Whether it is entering the market based on news or buying at the bottom after a short-term plunge, it is often impulse that leads to wrong decisions. Trading is not gambling. Every operation must be analyzed calmly. Impulsiveness may lead to losses for a lifetime.

5. Cultivate patience

Market fluctuations will not follow our plans. Patience is the key to profit. Many people can't hold on to good coins and want to trade at every turn, but in the end they end up with nothing. Good opportunities must wait. Only when you hold coins with real potential will they have value.

The essence of trading is not to fight with the market, but to learn to compete with your own fear, greed, and impulse. Only by constantly cultivating your mind can you stand out in this game of human nature.