First Level: Cold Eyes Don't just stare at the ups and downs of the K-line; that's only surface. You need to learn to see through the surface to the essence. Cold eyes mean not being infected by the market sentiment. You act like an outsider, calmly calculating where there is chaos and where there is gold.
Second Level: Steady Hands You need to learn from crocodiles. Crocodiles can lie still underwater for days; you can't tell if they're dead or alive. Many novice traders have shaky hands. When they see price fluctuations, they can't help but click the mouse, afraid of missing out on a billion. The market opens every day, opportunities are plentiful, but if your capital is wiped out, you're out. Steady hands mean being able to endure boredom. Most of the trading work is simply waiting.
Third Level: Black Heart This term doesn't sound nice, but it's very real. You must constantly remind yourself that the market is a huge casino. It's a zero-sum game: when someone makes money, someone else loses. The rules of the market are simple: wipe out most people and then push the price. Being black-hearted doesn't mean harming others; it means maintaining absolute rationality and coldness in the face of collective emotions.
Transforming from a sheep into a wolf is a painful process. You will experience countless self-doubts and feel out of place. But this is the only way to survive in this market. Train your eyes to be cold, your hands to be steady, and your heart to be black. Then, K-lines will no longer be just lines to you, but footprints of prey.
Use valuesca to assist in achieving cold eyes (calmly identify opportunities), steady hands (calculate risk-reward ratio, act with high certainty), and black heart (maintain cool-headed rationality, act decisively when opportunities arise).
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
Trader's Triple Cultivation:
First Level: Cold Eyes
Don't just stare at the ups and downs of the K-line; that's only surface. You need to learn to see through the surface to the essence. Cold eyes mean not being infected by the market sentiment. You act like an outsider, calmly calculating where there is chaos and where there is gold.
Second Level: Steady Hands
You need to learn from crocodiles. Crocodiles can lie still underwater for days; you can't tell if they're dead or alive. Many novice traders have shaky hands. When they see price fluctuations, they can't help but click the mouse, afraid of missing out on a billion. The market opens every day, opportunities are plentiful, but if your capital is wiped out, you're out. Steady hands mean being able to endure boredom. Most of the trading work is simply waiting.
Third Level: Black Heart
This term doesn't sound nice, but it's very real. You must constantly remind yourself that the market is a huge casino. It's a zero-sum game: when someone makes money, someone else loses. The rules of the market are simple: wipe out most people and then push the price. Being black-hearted doesn't mean harming others; it means maintaining absolute rationality and coldness in the face of collective emotions.
Transforming from a sheep into a wolf is a painful process. You will experience countless self-doubts and feel out of place. But this is the only way to survive in this market. Train your eyes to be cold, your hands to be steady, and your heart to be black. Then, K-lines will no longer be just lines to you, but footprints of prey.
Use valuesca to assist in achieving cold eyes (calmly identify opportunities), steady hands (calculate risk-reward ratio, act with high certainty), and black heart (maintain cool-headed rationality, act decisively when opportunities arise).