My favourite top 5 trading books:
1. Think and Trade Like a Champion
2. Trading Pyschology 2.0
3. Short-selling with the O'Neil Disciples
4. Insider Buy Superstocks
5. How to Trade in Stocks
“Enter by the rules,” “exit by the rules,” “wait by the rules,” and nothing more.
This simplicity is the hardest part because a mindset that places value on winning and losing gets in the way.
The reason so many people feel “trading is hard” even though their rules are already set is not a lack of technical understanding.
The real difficulty is that “just following rules that have already been decided” is extremely simple, yet you are “unable to do it because your own emotions, opinions, and attachment to winning and losing get in the way.”
In fact, the task of “repeating what has been decided without thinking” tests the purity of your beliefs more than your knowledge.
If you fully believe “this rule works,” your emotions will not get in the way.
But if you have even a little distrust in your rules,
・I just lost, so I will sit this one out
・I have been winning lately, so I will take profit early this time
“exceptions” like these creep in, and your consistency breaks.
A loss that follows your rules is not a failure.
Most failures in trading come not from bad rules, but from “not fully believing in those rules and breaking them.”
What matters is “how large a sample size” you have in mind when you believe “this rule works.”
Trading is not a “game of winning and losing” but a “game of probability.”
Probability works through the law of large numbers over a large sample size, and if the sample size you are looking at is small, trading becomes a “game of winning and losing,” while if the sample size you are looking at is large, it becomes a “game of probability.”
The reason you cannot believe in your rules is that you are thinking in terms of far too small a sample size.
A small sample size is inevitably heavily influenced by randomness.
You must not try to judge anything based on a small sample size that is heavily influenced by randomness.
Your trust in your strategy needs to be rooted in a large sample size.
If your trust is rooted in a large sample size, and the mistaken belief that “the win or loss in front of you has value” has been completely replaced by a belief rooted in the essence of probability, that “when you consistently repeat rules with an edge, that edge reveals itself,” you will not abandon consistency, no matter what.
That is because abandoning consistency and abandoning success go hand in hand.
You trade by the rules.
You repeat it over the long term, again and again, “doing simple things simply.”
How deeply you can believe in this “simple thing” and see it through is a trader’s real skill.
Not a game of winning and losing, but a game of probability.
All you need to do is “repeat the right rules the right way.”
When you can believe this simple fact deeply, trading becomes quiet and clear all at once.
That trust is not born from deciding, “I will believe.”
It grows as you build your rules with your own hands, test them over a large sample size, and practice them again and again.
I have put the process I went through myself into a system building manual you can work through step by step.
If you are looking for an easy way to win, you do not need it.
For those who are serious about building that trust, I will leave it in the replies👇
@LifeMathMoney Seen a lot of people watch full dramas written by AI on YouTube and Tiktok. So yes, people will still buy they don't care who wrote it, only if it's good or not.
@BlueGr33n13@RealJessica All governments lie, cheat and steal whatever they can get away with.
If you think your "democratic" governments are upright with good morals and do its best for its citizens and the world, God bless your naive soul.