In trading, most people are looking for methods and techniques in order to beat the market. They always think that there must be some unknown methods in the market, like martial arts secrets, which can instantly transform people from losers into masters. But in fact, even martial arts novels have emphasized one thing, that is, the cultivation of inner strength. But for most people, the inner strength of trading is not even ranked among the many things a trader should do.
The reason why people do not pay attention to the cultivation of inner strength is, on the one hand, because everyone ignores the cultivation of inner strength. Many people think that these are some dispensable things, just like patient waiting, which does not seem to be so important for trading. Since swing trading requires waiting for opportunities, then short-term trading can be done every day. Therefore, many people actually just satisfy their gambling nature through trading, rather than really wanting to make a profit through correct trading.
On the other hand, many people simply don’t know what the inner strength of trading is. Some people can accept some correct concepts, such as being patient, doing risk control, and doing the right thing, but they don’t seem to know what is right, what level of patience can be called patience, what level of risk control is considered healthy, etc.
You think that what hinders you from making profits is the method, but in fact, you have no way to hold the profitable positions correctly. The former is technology, and the latter is internal strength. Therefore, trying to solve human problems through technology is the first obstacle faced by most people.
You think that trading is about seeking methods and techniques, but in fact you will find that real profit does not require a lot of operations from you. You only need to follow up when the trend occurs, and the rest is to hold the position quietly. I believe every trader has had such experience, so the real difficulty is not how to trade, but how to wait.
Before trading, you need to wait patiently for opportunities, that is to say, our trading must have an empty position period, whether it is one day, two days, a week, or a month. This means that there are times in the market that you don’t understand. Since you don’t understand, you need to temporarily jump out of the market and observe. This is the highest level of technology. This is actually quite ironic. The most profound technology in trading is not acquired during trading, but acquired when you are not trading. No wonder many people who have a lot of operations ultimately find it difficult to find the right path.
Since there is a time when you are short, there must be a time when you trade. The key lies in how the trading signal occurs. I will only say one thing about the technical level. No matter what time you trade, the market behavior that can be traded and can be defined as a trading signal must be a trend at a certain level that "is" and "just" beginning to change. This is no secret. In a word, what you are trading is the turning point, which can be a breakthrough at the turning point, or it can be a pullback after the breakthrough of the turning point.
Because from a technical point of view, the market is random, and we don’t know how the trend will develop next. For example, we often say that trends are divided into several stages: turning, consolidation, pullback, acceleration, divergence, and termination. But this is all in hindsight. For the market at that time, the above summaries of market characteristics are all based on historical trends, which are completely different from the current situation. Therefore, there is a certain inevitability in using historical trends to frame the current market trend. This is actually a very nonsense thing. So back to the technology, there is no way to guarantee what the market will be like.
However, the breakthrough of the inflection point can become a standard, because when the inflection point is broken through, there is the largest operating space, the market turns, there is room for follow-up, and the stop loss is reasonable. At the same time, there is a biggest reason, that is, this can become a standard. Once this standard is determined, then the entry and stop loss, signals and risk control can all be determined. This is almost the entire content of the entire trading action.
As for the future, no matter how the market goes, you only need to know that you are trading a larger trend. Then when you make a profit, you just need to hold your position quietly. At this step, it is no longer a problem that can be solved by technology, but a problem of confidence, determination, and patience. In short, you can say whatever you want, but don't say it has anything to do with technology.
Embracing risk control means restraining human nature. This is difficult, but necessary. As human beings, we have a gambling nature and a human need to give up principles, because no one wants to be constrained, especially by themselves. Fortunately, we have another weapon, which is habit.
So in fact no one can defeat himself. You just use one habit to overcome another habit. Heavy positions are a habit, light positions are also a habit. Giving up principles and gambling are a habit. Similarly, embracing principles and establishing risk control awareness is actually a habit.
It is not difficult to overcome bad habits in trading, but many people always want to beat the market and themselves. You don’t have to beat the market, let alone yourself. You only need to cultivate some good habits, establish correct actions through good habits, and ultimately establish a long-term advantage. When you have this advantage, the longer the time, the more beneficial it will be for you.
If we really want to say what the biggest obstacle is in trading, it is cognition. You don’t know what you don’t know, and this is the biggest obstacle that hinders your growth. In our words, many people don’t have the concept of right and wrong. It’s like you’ve read a lot of books and taken a lot of courses, but you still may not do well, or you still have to go through a long period of preparation before you can gradually do well.
So, why do you still need to learn, whether it is learning technology or learning self-control, what is the meaning of learning?
We must put ourselves in the right position in this market. What does it mean to put ourselves in the right position? I have said this many times. It means that we must admit that we are mortals, ordinary people. In this case, our understanding of a thing must go through several stages. The first stage is that you don’t know that you don’t know. That is, you are wrong, but you don’t know where you are wrong. If you are right, you don’t know where you are right.
It’s like a novice trading, making money or losing money in a confused manner, but not knowing why he made money or why he lost money. So learning is to make us gradually enlightened in the process. Note that it is not about doing it right away or doing it well. Enlightenment is about understanding where you went wrong. This will make it easier for you to reflect and summarize, and gradually form a positive iterative cycle that allows you to upgrade your system. This is a way of thinking and a prerequisite for us to do anything well.
Therefore, another obstacle arises here, that is, people think that as long as I learn, I can do it immediately and do it well. Many people invest in the study of trading with such expectations, whether they learn by themselves or learn from others. This is not advisable. There is a process for doing anything, and the same is true for trading. It may even be slower because the feedback from trading is slower. It is not as simple as making money is right and losing money is wrong.
We will face many difficulties and obstacles in trading, but first of all we must have a correct cognitive system, a correct trading perspective, know right from wrong, and then constantly reflect, iterate, upgrade, and gradually move towards the right path. The same is true for technology. You may have your own technical methods or tricks, but it still takes time to use it well. This is by no means a matter of overnight.
I am Qiqi. If you want to delve deeper into the cryptocurrency circle and can’t find a clue, and want to quickly get started, please consult me.#比特币减半 #WIF #Meme $SOL $ETH
