You can't have both.
Although trading is a microcosm of life, some things are the opposite of life.
There is a popular saying that "children only choose multiple-choice questions, while adults of course want everything."
In life, it is possible to have your cake and eat it too at certain times.
However, in trading, wanting everything basically doesn't work.
If you have the mentality of wanting everything, you are still a child in the world of trading.
I want to get rich quickly, and I want it fast.
I want to make money, and I want to make money painlessly.
I want freedom, but I also want to be relaxed and happy.
Want to make a fortune without any hard work?
Want to take short, medium and long term,
Want to switch between long and short positions freely.
If you want to buy it, it will go up.
I want the price to fall as soon as I sell.
If you want to catch all the hot spots,
Want to reap every wave of profits.
I think trading is the hardest job, but it is also the job I want to do the most.
The difficulty of trading lies in the fact that this job is too easy to breed people’s greed, irrational greed, and greed that does not match the ability to control.
The difficulty of trading is that the market is too colorful. This fantastic and magnificent world can easily give people the illusion that they can do anything.
However, this illusion bubble of most people will be ruthlessly burst by the market.
If you really want to become a qualified or even an excellent trader, you have to go through a difficult process, just like the journey to the West to obtain the Buddhist scriptures. Without going through 81 difficulties, you cannot obtain the true scriptures.
First of all, learn to be humble, give up the idea of wanting everything, start with one method, and don’t aim too high.
Once your abilities become stronger, try to expand your circle of competence.
In this process, you will find that your analytical ability and mindset are changing little by little.
Trading ability and psychology become stronger at the same time, which is the real strength. These two are like two legs, one is indispensable. If one leg is missing, you will fall sooner or later.