How to correctly understand trading? Newcomers must read, what you learn is what you earn!

The biggest regret in trading is easily giving up on a market trend that should not be abandoned, and stubbornly sticking to a position that should not be held. A strong personality is inner pride, not outer arrogance. Trading does not require stubbornness; it should follow the trend, as market trends, once formed, will not change easily. The end of trading is the system, and the end of the system is execution!

A person's greatest enemy is themselves. Inner greed, selfishness, impatience, prejudice, laziness, and other negative emotions. If a person cannot handle some small daily matters, cannot manage family relationships well, and cannot perform their job properly, then to fantasize about excelling at the hardest job in the world—trading—is simply dreaming. In the end, trading boils down to personal cultivation.

The biggest characteristic of trading is actually the torment of human emotions. To understand the true meaning of life and possess high personal cultivation is necessary to achieve extraordinary results. No matter what, to achieve results, one must have personal thinking patterns, outlook on life, values, and so on. A lazy person, attempting to gain mastery over some technical skills in hopes of achieving a one-time success, is essentially daydreaming.

There is a famous saying on Wall Street: The market will do everything it can to prove that most people's thoughts are wrong. Since the probability of being wrong is so high, stop-loss becomes especially important. It can give you a chance to start over, allowing you to feel new market information that contrasts with your strategy. Stop-loss is relative to the current risk; do not imagine what changes may happen in the future; you only need to plan your trade and trade your plan. Expectations can benefit emotions but are cruel to reality. Therefore, risk control is very important, and stop-loss is an essential part.