Master This, and You're One Step Closer to Trading Excellence!
To become a true master, you must go through a critical phase—a psychological journey all top traders experience. Specifically, you need to:
Discard subjective judgments, follow objective price action, and adapt flexibly.
Every trader harbors an "ego" within:
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It fears failure and losses, and it procrastinates.
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It clings to false hope, praying for a rebound to cover mistakes, only to see losses grow.
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It craves small profits, exiting too early and missing major trends.
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It shies away from volatility, assuming "overbought will reverse" or "oversold will bounce," leading to counter-trend guesses and endless losing opportunities.
How to overcome it?
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Be Present:
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If the market is bullish now, go long; if bearish, go short.
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Ignore entry prices, positions, or P&L. Your decision should solely depend on whether and how to trade—nothing else!
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Wu Wei (Effortless Action):
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When it’s time to trade, execute the system’s signals fully—no hesitation.
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When it’s not, stay completely inactive.
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