TraderForLove

Three-Tenths of a Percent Law
Soros once introduced a Three-Tenths of a Percent Law:
Among 10,000 futures traders:
1,000 people can correctly predict the market trend,
which means about one-tenth of the people can see the correct trend overall;
but among these 1,000 people who predict correctly,
only 100 actually make correct trades,
meaning only 1% of the total—those who both predict correctly and execute correctly—are able to profit.
Of these 100 people who predict and trade correctly,
how many ultimately make money?
Only 3, which means only three ten-thousandths of the total—those who both

Why do you always "drop when you buy, rise when you sell"?
It's not because you're unlucky; it's because you haven't made enough trades.
In futures trading, there's a concept called the Law of Large Numbers:
After you complete 100 trades, your win rate will approach your true skill level infinitely;
When you only make 10 trades, everything is just random walk.
So, a real trader doesn't look at the profit or loss of a single trade, but at the net value curve after 100 trades.
Personal plan:
Starting capital: 1000 USDT
Focus on completing 100 trades! Strictly set take-profit and stop-loss, riski

Which trading stage do you belong to?
First Level: Betting with Courage
Blindly over-leveraging, chasing gains and selling losses, rushing to get rich quickly, not understanding that "hasty pursuit leads to failure." Accounts fluctuate wildly, and risk is always present.
Second Level: Obsessive Techniques
Studying various technical indicators, persistently seeking guaranteed profit methods. Ultimately realizing that the market has no absolutes; technical analysis is just a tool to improve probabilities.
Third Level: Establishing a Methodology
Abandoning complicated theories, using simple rules