1. About Cognition: The Market Is Always Right

When you first enter the market, you tend to fight against it, thinking "It should go up, so why is it falling?" or "Is the big player watching my few trades?"
Later, you realize that the market is the master, and we are the servants. Our only job is not to predict the master's next move, but to observe its current mood and decide whether to move forward or retreat.
Don't try to prove the market wrong; if you're right, you'll lose money, and if you're wrong, you'll lose a lot.

2. About Discipline: Plan Your Trades, Trade Your Plan

Many failures in trading happen because of impulsive decisions. Watching the intraday charts fluctuate, emotions get carried away, and finally, you buy at the top and sell at the bottom.
Lesson: If you haven't prepared a plan in advance (where to enter, where to exit, what to do if wrong), then your decision in that moment is likely driven by emotion.
Spend an hour preparing before the market opens; executing takes only a second during trading.
Set your stop-loss before entering, not after incurring a loss.

3. About Profit and Loss: Cut Losses Short and Let Profits Run

This is a well-known saying in investing, but very few actually do it.
· Handling Losses: It's like a thorn in your hand—don't keep it because it hurts to pull out. The longer you keep it, the deeper the wound festers. Small losses are superficial wounds; big losses are severe injuries.
· Handling Profits: Many people want to run after making a little profit, fearing the cooked duck will fly away, thus missing out on big gains. Conversely, they stubbornly hold onto losing positions, from small losses to big ones.
Try reversing this: run quickly when losing, hold steady when winning.

4. About Mindset: Is Missing Out Worse Than Being Trapped?

In trading psychology, the pain of missing out (watching a rise but not buying) is often greater than the pain of being trapped (buying and then falling).
Lesson: There is still hope when trapped; missing out is purely "missing."
But because of this mentality, many will retaliate with impulsive trades after missing out: "I didn't catch this one, I must get the next!"
They rush to buy, often at the high point.
Remember: The market always has an open door. The money you didn't make today can be made tomorrow or the day after.
Don't jump onto the next opposite train just because you missed one.

5. About Mindset: Loneliness and Humility

1. Loneliness: Trading is a personal journey. When your views differ from the mainstream, you need independent thinking. When you lose money due to herd mentality, no one can pay for your mistakes.
Learn to enjoy solitude and stick to your system.
2. Humility: Even if you've made ten successful trades, don't think of yourself as a "stock god." The market is the ultimate judge of arrogance.
Every time you become proud, the market will quickly give you a sharp slap.
Maintain an open mind and respect the market.

6. Final Reflection

Trading is a marathon, not a 100-meter dash.
Longevity matters more than quick gains.
The funds in your account are just numbers; they reflect your level of cognition and emotional management.
If your understanding is lacking, money earned by luck will eventually be lost through skill.

Closing Words:
Looking back at those candlestick charts, behind each candle are countless traders' greed and fear.
In this market, the biggest enemy is not the big players or institutions, but the impulsive, hopeful, and stubborn self who refuses to admit defeat.
May we all grow through each stop-loss and deepen through each profit.