
Pai X|Apr 30, 2025 15:47
Before going to bed, tell a story
There is an old trader named Pai, who was a Bitcoin miner in 2012. He started trading in 2016 and has gone through several bull and bear cycles.
He has a habit of writing a sentence in his notebook every time he trades: "You're here to make money, not to prove you're right
In the bull market of 2021, he brought his apprentice Xiaobai into the market. Xiaobai is young, energetic, and skilled in technical analysis. He frequently makes contracts and becomes complacent every time he earns a little bit.
Pai advised him, "The market is anti human, don't be too radical, learn to survive first
Xiaobai smiled and said, "I can control the risk, I'm not afraid
In 2022, a sharp decline occurred, causing Xiaobai to sell out three times and his account to be cleared. He refused to accept the offer and borrowed heavily, resulting in a short position, but was subsequently swept away. He broke down in emotion and cried, asking Pai, 'Why do I always lose money despite my technical skills being good?'? ”
Pai pointed to the sentence he had written on the wall and said, "You're not wrong with your skills, you're wrong with always wanting to win the market. You think you're playing chess, but you're just a pawn
In the cryptocurrency industry, the real enemy of trading is never the candlestick chart, but rather one's own obsession and arrogance.
Any trading knowledge learned by a trader is a technique, which is the foundation of a trader. However, ultimately, it is important to understand the importance of both the Tao and the Tao, and to achieve the Tao through both the Tao and the Tao.
GN~
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