Share your latest insights. Previously, when I was trading singles, I missed the mark in almost every trade. The core problem was (disliking losses). Disliking losses made me afraid of missing out on profits during rising markets, so I chased prices higher. Even when I had a little profit, if the market fluctuated even slightly, I would take profit and exit—thus missing the entire move.
But having a bigger picture doesn’t necessarily guarantee a better outcome either. Floating profit could eventually turn into a stop-out.
Scaling out in stages really is the most necessary choice: strictly follow the trading plan, and also trade during the time when your mindset is at its best.
Each trade is like making a girlfriend—if you’re too desperate and impatient, the outcome is often the opposite of what you want. Know yourself, know this market, and then you might be able to earn a little return.
And the most important point: in the past, I imagined that I would eat the entire run from start to finish, being the strongest one. But recently my view has changed. I now believe that for most people, we’re just picking up leftovers—like beggars. The decisions made by the top tier are out of our control. We can only go with the flow. In the middle of market swings, we wag our tails and beg. I think going forward I will gradually build up my capital with a beggar’s mindset, gradually upgrading and moving beyond that identity. But my mindset must always operate from the beggar’s perspective—only then can I keep making money.
But having a bigger picture doesn’t necessarily guarantee a better outcome either. Floating profit could eventually turn into a stop-out.
Scaling out in stages really is the most necessary choice: strictly follow the trading plan, and also trade during the time when your mindset is at its best.
Each trade is like making a girlfriend—if you’re too desperate and impatient, the outcome is often the opposite of what you want. Know yourself, know this market, and then you might be able to earn a little return.
And the most important point: in the past, I imagined that I would eat the entire run from start to finish, being the strongest one. But recently my view has changed. I now believe that for most people, we’re just picking up leftovers—like beggars. The decisions made by the top tier are out of our control. We can only go with the flow. In the middle of market swings, we wag our tails and beg. I think going forward I will gradually build up my capital with a beggar’s mindset, gradually upgrading and moving beyond that identity. But my mindset must always operate from the beggar’s perspective—only then can I keep making money.