February 12 Sober Chats: The Art of Trading and the Philosophy of Choice

February 12 Sober chats about options (community @4ceLabs)Some thoughts on tradingTrading is neither science nor technologyTrading is a philosophy and an art of choiceIt is impossible to achieve long-term stable profits by relying solely on technology.The core key to long-term and stable profits in trading is to learn to give up, give up big to get big, give up small to get small, and never give up.That is to say, you have to give up more than 80% of the opportunities. Those opportunities that are ambiguous, doable or not, must be resolutely given up, and only take high-probability opportunities that comply with your trading rules.To put it bluntly, there are only eight words: "If there are three thousand weak water, only take one scoop."Of course, most people will not understand this sentence. Many people take it for granted that they understand it but cannot do it, which in turn proves that you have not understood it.It is very difficult to learn to let go, because it is contrary to human nature. 99% of people are always reluctant to let go.If you want to learn to give up, you must first see through the market, be able to see the essence of trading, have a set of rules and systems that suit you, and know what kind of opportunities are high-probability opportunities and opportunities that are suitable for you.The second point is to see yourself clearly, recognize your own ignorance, and accept your own ordinaryness and ordinaryness. Only by doing this can you give up opportunities that are not yours.Only when you accept your own mediocrity and ordinaryness, and realize your ignorance and stupidity, can you let go of your inner delusions, stop thinking about making big money, and stop thinking about wealth that does not match you, and then you can give up.If your heart does not die, the Tao will not arise; if your heart does not die, you will not be able to give up.