Yiye

Most losses don’t come from a lack of skills or market knowledge, but from your attitude and beliefs toward mistakes and losses—and from your tendency to become reckless when you feel happy.

Frequent trading can bring
market disorder,
instinctive impulse,
self-doubt.

If you want your asset curve to shift from volatile fluctuations to a steady rise, the first step is to take real responsibility. That means no longer expecting the market to give you something for nothing, nor expecting the market to do things for you. Developing and strictly executing your own trading plan is the only thing we can do well.

Have you ever wondered why not being able to make money hurts more than admitting a loss? When you’re losing, you can use many methods to shift the blame to the market, so you don’t have to take responsibility. For example, shifting responsibility to a “dealer” who manipulates the market to smash the price, with “Chuan Chuan” putting on a performance. But when we see that we can’t make money, we can’t blame the market. The market hasn’t done anything—it has only provided the opportunity.

Traders face the test of a fundamental contradiction: how to maintain discipline, focus, and confidence in the face of ongoing uncertainty?
Learning to redefine one's trading activities by fully accepting risk is the key to being a successful trader.