The final level of trading is human nature, and true enlightenment is to give up. This sentence represents the transition of trading from "technique" to "way". Technology can be learned, rules can be formulated, but ultimately, it is the mastery of human weaknesses that determines success or failure; The so-called 'enlightenment' essentially means the complete abandonment of subjective obsession. 1、 Is humanity the final level of the transaction? The essence of trading is a "probability game": any strategy has a boundary between winning rate and profit loss ratio, and profits come from "repeated execution rules" rather than "accurate prediction of every fluctuation". But the instinct of human nature conflicts precisely with the core logic of transactions: Greed can make people unwilling to take profits when they are profitable, always wanting to "make the last profit", and ultimately turning floating profits into losses; Fear can make people afraid to stop losses and always want to "wait for a rebound before cutting", resulting in small losses turning into big losses; Fortunately, it can make people ignore rules, such as "this time is special, no need to stop loss" or "feeling like it's going up, make an exception and increase positions", ultimately disrupting the consistency of the strategy; Vanity and unwillingness to admit defeat can make people refuse to admit their mistakes, such as "I can't be wrong" or "There must be a problem with the market", leading them to hold on in the wrong direction until they sell out. The "techniques" of trading (technical analysis, strategy design, fund management) can be mastered through learning, and even a novice can learn an effective set of rules in a short period of time. But the process of implementing rules is essentially a confrontation with human weaknesses: when market fluctuations trigger human greed or fear, whether one can "act according to rules" rather than "act according to emotions" is the key to distinguishing between winners and losers. Just like the experience of many traders: they can clearly see "should stop loss" and "should take profit" during the review, but they cannot do it in real trading - this is not a technical problem, but a human error. So, technology is the foundation, and humanity is the last hurdle that cannot be bypassed. 2、 The true enlightenment is to give up? The term 'give up' here does not mean 'giving up on trading', but a complete abandonment of 'subjective obsession', giving up the illusion of 'perfect trading', accepting the uncontrollability of the market, and acknowledging one's own limitations. The process of "enlightenment" in trading is essentially a process of "dispelling illusions": Novices are obsessed with "finding the Holy Grail" and always think that there is a strategy that can be "right every time"; Advanced practitioners are obsessed with "predicting the market" and always want to use technical analysis to "accurately grasp the top and bottom"; The true enlightened will eventually understand that the market is chaotic and unpredictable, and any attempt to 'control the market' is a delusion. The inevitability of accepting losses: Any strategy has a stop loss, and losses are the cost of trading, not a "failure". Refusing to accept losses is essentially the essence of refusing to trade; Accepting the rationality of missed opportunities: The market always has opportunities, but opportunities that do not belong to one's own strategy must be 'given up' with determination. For example, trend strategies will inevitably miss volatile market conditions, short-term strategies will inevitably miss major trends, and attempting to seize all opportunities will only be backfired by the market; • Accept your own limitations: Admit that you cannot predict the market and can only follow it; Admit that you can make mistakes, so you must use rules (stop loss, position) to constrain yourself. When a trader "gives up" to no longer confront the market, no longer using subjective speculation to replace rule execution, but instead enters a state of "unity of knowledge and action": Don't hesitate when it's time to cut losses, don't be anxious when it's time to hold positions, and don't be restless when it's time to go short - this is not a passive compromise, but an active attempt to reconcile with market rules. Trading is a long psychological game. The market will never pity anyone. It will not reward you when you are full of confidence, but instead teach you a harsh lesson when you are most proud. Sometimes, watching the funds in the account slowly evaporate, one may wonder what they are really doing and whether it's worth continuing. But true traders know that giving up is the biggest loss. Trading is not only a competition with the market, but also a competition with oneself. It forces you to face your greed, accept your fear, endure loneliness and suffering, learn to control your emotions and hone your mentality through falling and getting up again and again. What causes pain is not loss, but the inability to accept one's mistakes, the fear of uncertainty in the future, and the despair of enduring a low point without seeing an end. But the market will not always be cruel. As long as you are patient and firm enough, it will always give those who endure a chance. No one can walk the path of trading for you, and in the end, the only one who can lead you out is yourself. If you are determined to make a living through trading, I advise you to prepare a glass of wine first. This glass of wine is not meant to celebrate profits, but to accompany you through countless sleepless nights, because it has a name called loneliness. Many people say that loneliness is loneliness, it is loneliness, but those who truly engage in transactions understand that loneliness is not that simple. It is when you stand on the cliff of thought, no one can pull you, and you dance a solo dance of your soul alone, without an audience or applause. In the late night, when everyone else is asleep, you are alone in front of the computer reviewing the K-line, pondering one by one. The more you look, the clearer you become, and the more awake you become, the more lonely you become. After the explosion, you light a cigarette and sit on the sofa in silence for a long time, unable to say a word. No one can understand the pain in your heart. After finally making a fortune, I was filled with joy and wanted to share it with someone, but I found that no one around me could understand this joy. In the end, one can only have a toast to the screen and swallow all their emotions back into their stomach. This is the truth of the trader's loneliness, the clarity that no one resonates with, which is even more exhausting than loneliness. So today I want to pay tribute to all the brave people who make a living by trading, to your loneliness, to your paranoia, and to this cup of wine that no one drinks together but will never cool down. Trading creed: 1. Quit self-esteem: Detach "me" from trading. Losing money does not mean you are incompetent, and stop loss does not mean you are weak. 2. Execution is justice: Hesitation will destroy. Even the most perfect transaction or strategy, if it cannot be executed, is a piece of paper. At the point, stop loss! This is not giving up, it's survival by cutting off one's arm. 3. Pain is data: Don't be consumed by emotions, pain is not meant to torment you, it is the feedback mechanism of the market. If a transaction causes you unbearable pain, it means your position has exceeded the limit. 4. The Art of Empty Storage: Wait like a sniper, and if you're unsure, put away your gun. Don't shoot just for the sake of shooting, empty storage is also a form of wisdom. The so-called 'integration of knowledge and action' is not something that can only be achieved by understanding the principles.