The true essence of trading is actually a profound game with one's own human nature.
For most people, trading often means staring at computer screens, relying on technical analysis, charts, and various strategies to make decisions, as if engaged in a life-and-death struggle with the market. But few realize that the core of trading is not the external market fluctuations but the internal struggles deep within. You are not competing with the market; you are struggling with your own desires, fears, greed, and blind impulses.
The market itself does not have emotions; it is cold and objective, and it does not change because of your happiness or frustration. What truly determines your trading success or failure is your psychological quality. You need to overcome your inner greed, not let momentary desires blind your rationality; you must overcome fear and avoid making impulsive decisions due to losses; you also need to suppress the mentality of seeking quick gains and avoid selling too early when in profit, missing out on greater opportunities.
For this reason, trading often requires us to go against human intuition. Humans are naturally inclined to pursue short-term benefits, often eager to satisfy their desires when in profit and hesitant due to fear when in loss. The success of trading comes precisely from managing and restraining these emotions.
There is a saying: **"One's heart should not be greedy like a wolf."** This is not only a reminder to avoid greed in the market but also a warning that the greatest enemy in trading is your own greed. Greed makes you dissatisfied even when you already have profits, attempting to gain more; excessive greed often leads to larger losses. Remember, the market will not spare you because of your greed; it often gives you a profound lesson when you think victory is certain.
Therefore, successful traders need to have strong psychological qualities, clear thinking, and calm judgment. They must not only be proficient in trading skills but also have firm beliefs, remain calm, and not be swayed by short-term market fluctuations. You may encounter opportunities but must be patient to wait for the right moment; you may also face losses but should learn to accept them, cut losses promptly, rather than harboring the illusion of 'holding on until the end.'
From a certain perspective, a successful trading cycle may not entirely rely on a perfect strategy and precise technical analysis. More importantly, 70% of success depends on a good mindset, stable emotions, and discipline, 20% is luck, and only the remaining 10% is the application of skills and experience.
The market's turbulence is raging, but the hardest part is controlling your own mindset. Only in this profound game with oneself can one ultimately stand undefeated in the world of trading and enjoy the fruits of market victory.
