There is no holy grail in trading, nor is there a trading method with a 100% win rate.
What you need to fight against is your own emotions, human nature; what you need to overcome is yourself, not the market. Secondly, you need to learn to get through a period of extreme poverty, and I mean extreme poverty. If you want to fully immerse yourself in the market, you might want to take a look at predecessors like Xiaoyao Liu Qiang and Livermore. The consequences can be light, resulting in overwhelming debt, or severe, leading to destruction of family and separation from loved ones. Even the world's top traders are not immune to misfortune, so do not blindly idolize or follow others. This industry is difficult to define success, including the phrase left by Livermore: "My life is a series of failures," which is worth pondering. A century has passed, and only a few excellent traders have emerged; most of those who rushed into the market have essentially met their demise. Therefore, we, the veteran traders, should not be in a hurry to prove ourselves in the market. Trading means doing it for a lifetime, learning for a lifetime, respecting the market, and there is no holy grail. In my six-year career in the trading market, I lost the things I once had: family, love, friendship, and even everything else. Engaging emotionally with the market, I lost my rationality, and the market devoured some of my cautious balances. Continuous setbacks and blows made me lose my balance, leading to a life that was utterly miserable. I looked up at the sky and down at the ground, feeling like I had nothing at all. Some people advise me to quit, some suggest I let go, but what I want is the freedom to survive. Perhaps choosing this profession is destined to be lonely, and the ups and downs have caused me to spend countless sleepless nights. To be honest, I’ve had enough of this kind of life. I plan to return to a normal routine, calm down, possibly for half a year, a year, three years, or even longer. The computer that supports my goals is still by my side, and in the days to come, I will persevere, constantly reminding myself of the rules that I, as a trader, should follow. Perhaps I should also do something else. Actually, there is nothing left to lose, so we can only cherish what we have.
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There is no holy grail in trading, nor is there a trading method with a 100% win rate.
What you need to fight against is your own emotions, human nature; what you need to overcome is yourself, not the market.
Secondly, you need to learn to get through a period of extreme poverty, and I mean extreme poverty.
If you want to fully immerse yourself in the market, you might want to take a look at predecessors like Xiaoyao Liu Qiang and Livermore. The consequences can be light, resulting in overwhelming debt, or severe, leading to destruction of family and separation from loved ones. Even the world's top traders are not immune to misfortune, so do not blindly idolize or follow others. This industry is difficult to define success, including the phrase left by Livermore: "My life is a series of failures," which is worth pondering.
A century has passed, and only a few excellent traders have emerged; most of those who rushed into the market have essentially met their demise. Therefore, we, the veteran traders, should not be in a hurry to prove ourselves in the market.
Trading means doing it for a lifetime, learning for a lifetime, respecting the market, and there is no holy grail.
In my six-year career in the trading market, I lost the things I once had: family, love, friendship, and even everything else. Engaging emotionally with the market, I lost my rationality, and the market devoured some of my cautious balances. Continuous setbacks and blows made me lose my balance, leading to a life that was utterly miserable. I looked up at the sky and down at the ground, feeling like I had nothing at all.
Some people advise me to quit, some suggest I let go, but what I want is the freedom to survive. Perhaps choosing this profession is destined to be lonely, and the ups and downs have caused me to spend countless sleepless nights. To be honest, I’ve had enough of this kind of life.
I plan to return to a normal routine, calm down, possibly for half a year, a year, three years, or even longer. The computer that supports my goals is still by my side, and in the days to come, I will persevere, constantly reminding myself of the rules that I, as a trader, should follow. Perhaps I should also do something else.
Actually, there is nothing left to lose, so we can only cherish what we have.