Almira63

Today I saw the article written by the wealth pig and was greatly benefited from it. It was written too academically, so I changed it to a colloquial version to talk about something particularly heart-wrenching: why do some people work themselves to death just to make ends meet, while others make money lying down, counting cash until their hands cramp? In fact, if we strip away all occupations in the world, there are essentially four types: selling, robbing, stealing, and cheating. Let me gradually clarify this for you.
The first type, selling (miss mode). The most honest and also the most苦逼. The core is clear pricing, cash on delivery. You cut hair for 38, deliver food for 5, write code for a monthly salary of 20,000, all of this is very clear. Customers recognize this price, you put in effort, it's fair and reasonable. But why is this industry苦? Because the ceiling is too low! A barber can cut a maximum of 20 heads a day, a delivery person can run 50 orders at most in a day, even if you don't sleep, there are only 24 hours in a day. You are selling time, and time is limited, so income is locked. What's even worse is that this industry is too transparent; customers know the market price better than you do, and it’s hard to ask for even a little more. So for those working in this industry, if they want to earn more, they either have to work overtime 996, or manage a chain and train apprentices. In short, most workers, regardless of their monthly salary, are trapped in this model: if your hands stop, your income stops, trading life for money.

Today I saw the article written by the wealth pig and was greatly benefited from it. It was written too academically, so I changed it to a colloquial version to talk about something particularly heart-wrenching: why do some people work themselves to death just to make ends meet, while others make money lying down, counting cash until their hands cramp? In fact, if we strip away all occupations in the world, there are essentially four types: selling, robbing, stealing, and cheating. Let me gradually clarify this for you.
The first type, selling (miss mode). The most honest and also the most苦逼. The core is clear pricing, cash on delivery. You cut hair for 38, deliver food for 5, write code for a monthly salary of 20,000, all of this is very clear. Customers recognize this price, you put in effort, it's fair and reasonable. But why is this industry苦? Because the ceiling is too low! A barber can cut a maximum of 20 heads a day, a delivery person can run 50 orders at most in a day, even if you don't sleep, there are only 24 hours in a day. You are selling time, and time is limited, so income is locked. What's even worse is that this industry is too transparent; customers know the market price better than you do, and it’s hard to ask for even a little more. So for those working in this industry, if they want to earn more, they either have to work overtime 996, or manage a chain and train apprentices. In short, most workers, regardless of their monthly salary, are trapped in this model: if your hands stop, your income stops, trading life for money.

Many beginners playing contracts easily fall into a vicious cycle: making small profits and losing big money.
What does this mean? It means you might be right 10 times in a row, making just a little each time, but on the 11th time, you got greedy, or couldn’t bear to sell at a loss (holding a position), resulting in losing back all the profits from the previous 10 times, and even having to make up for the principal.
In fact, whether you can make money playing contracts does not depend on how many times you 'guess right', but on a simpler principle: whether the money you make can cover the money you lose.
The core of this principle is to control your win-loss ratio well. This concept sounds professional, but it’s actually very simple, and beginners can easily grasp it.