Traders will go through three stages: which stage are you in?


Stage One: Not afraid, because ignorance breeds fearlessness, not looking at any technical indicators, candlestick patterns, level risks, or monetary policies, just directly saying: Which side to gamble it all on?, not believing in gods, not believing in people, and even less believing in evil.
Stage Two: Fear. After some time, I found that the market seemed to have patterns yet was chaotic; every time I couldn't hold on and exited, the market peaked. Each time I couldn't resist locking in my gains and found that if I just held on a bit longer, I could recover. A significant trend, a sudden surge or drop, and without setting stop-losses, I was instantly taken out. Slowly, I began to fear the market; no, it wasn't just respect, it was fear.
Stage Three: Fearless. This stage has advanced to a high level, understanding the uncertainty of the market, recognizing the limitations of one's own perceptions, and understanding the impact of fundamentals on market sentiment. One has developed their own trading system, no longer swayed by market fluctuations, remaining steady like an old dog, only waiting for their own trading opportunities. They do not engage in incomprehensible market conditions, feel no regret over missed opportunities, as they only take one ladle from the vast waters.
Therefore, trading is not just about mastering methods and techniques, but more importantly, it is about self-cultivation, reflecting on and reconstructing one's own understanding. It involves understanding how to manage positions, how to avoid risks, being patient and not hasty, reducing the frequency of trades, no longer regretting missed market opportunities, accepting both the good and bad in trading, continuously reflecting and thinking through past trades, gradually making oneself more mature, stable, calm, and composed!
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