After many years of trading contracts, I've seen too many smart people stumble in the market.
$BREV's top university graduates, $BROCCOLI714's programming geniuses, $CLO's indicator experts... all kinds of talents are present. But how many can truly achieve stable account growth? Very few.
It wasn't until later that I understood — whether trading makes money or not doesn't depend on IQ at all, but on character.
Skills can be learned, systems can be built. The most fatal thing is that innate "core strength." It's not that these people don't work hard; the problem is that they are obsessed with proving they are right: "The logic is sound, just market manipulation; a little more patience and they'll turn around..." They end up going against the market, treating stubbornness as faith, and persistence as courage.
The market doesn't care how firm you are; a big wave can wipe out months of gains.
The market specifically punishes two types of people. One is those who must prove they are right; when the trend reverses, they explode emotionally and stubbornly hold on. The other always tries to reverse with a big bet, gambling heavily—greedy when winning, blaming others when losing. Essentially, they are gambling with their lives rather than trading.
Those who can achieve long-term stable profits actually understand the value of "retreat."
They know they are just ordinary people, not obsessed with perfect win rates, only avoiding one fatal mistake. They can accept the regret of not acting when they should, and will decisively hold cash when system signals are absent — holding cash may seem less professional than full position, but it actually proves professionalism. Stop-loss? That's just operating costs; opening a shop requires rent, and this money must be spent. Account fluctuations never affect their mindset; they don't get cocky after wins or collapse after losses. Every operation follows the rules, not to prove themselves.
Can't change your personality? Actually, it can be optimized through training:
Before opening a position, clearly write down stop-loss conditions and maximum tolerable loss. If you can't clarify, don't enter. Absolutely prohibit adding to losing positions to average down; if you do it once, force a three-day trading halt. When reviewing, change perspective: see "stop-loss" as "cost" rather than "failure." Within a month, only focus on rule execution rate, temporarily ignoring wins and losses.
The Tao Te Ching says: "The movement of the Tao is reversal; the weak are the use of the Tao."
The "weak" in trading doesn't mean fear of difficulty, but the clarity of not forcing against the market. Let go of the obsession with "must be right," allow mistakes, know when to wash your hands, and admit losses in time. This is the true underlying ability for long-term trading.
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.
14 Likes
Reward
14
7
Repost
Share
Comment
0/400
GateUser-7b078580
· 01-09 21:54
The data shows... Indeed, observing this pattern is quite eye-opening. Smart people die because of obsession, always trying to prove they are right, only to end up with their accounts at zero. Let's wait and see the follow-up data.
View OriginalReply0
HalfBuddhaMoney
· 01-08 23:32
Damn, that was too harsh, it hit me right in the heart.
---
That's why I've been losing all along; it's not a technical issue at all, just pure stubbornness.
---
Holding a vacant position is the highest level of operation; I need to get a tattoo of this phrase.
---
The group obsessed with proving they're right, now the weeds on their graves are three feet high.
---
Stop-loss is like paying rent; this analogy is perfect, I will tell myself this from now on.
---
It's so frustrating to realize I'm that kind of fool who thinks "just one more push and I'll turn things around."
---
Can't personality really be changed? Feels like a month of training hasn't helped at all.
---
The most heartbreaking thing is—when you're making money, you feel elated; when you lose, you really break down. Can't seem to fix this bad habit.
---
Those who know when to retreat are true masters; this perspective is fresh.
---
All those geniuses ultimately died from stubbornness; a true reflection.
View OriginalReply0
ChainDoctor
· 01-08 13:47
That was too harsh. The guy around me is exactly like that, insisting on proving he didn't lose money, but the more he tries, the deeper he gets trapped.
Smart people are the most likely to get wrecked because they trust logic too much.
Really, stop-loss is like paying rent for opening a store. That analogy is perfect.
Personality can't be changed, but discipline in stop-loss can be enforced. That's exactly how I do it now.
Knowing when to hold cash is what makes someone truly professional. That hit me hard.
The joy of full position is just a matter of seconds; the pain of losses can take months to recover.
View OriginalReply0
GasFeeVictim
· 01-08 13:46
To be honest, seeing so many smart people mess up makes me realize that trading is really a personality test.
Holding on stubbornly is the most destructive, as one big market move can wipe out months of gains.
Being out of the market is also a form of trading, and understanding this is part of the basics.
It's just that I can't seem to fix this "must be right" problem; it's always like this, haha.
Treat stop-losses like paying rent—it's not that hard, but the key is actually executing it.
View OriginalReply0
SmartMoneyWallet
· 01-08 13:44
The real issue isn't whether these people are smart or not; on-chain data has long revealed the truth — it's all about the chips in the capital game. Those who can see through the flow of funds will survive the longest.
View OriginalReply0
UnluckyValidator
· 01-08 13:38
Sigh, that really hits home. I'm the kind of fool who has to prove they're right.
Just by watching smart people crash and burn, you know that no matter how good your brain is, you'll die on your personality.
Stop-loss is like rent; I need to engrain this in my mind.
Holding a cash position might seem cowardly, but it's actually the real professionalism. You have to learn this.
Actually, I still need to admit that I'm just an ordinary person. Don't think about turning things around overnight.
This paragraph woke up the dreamers, especially that line "being clear-headed about not clashing head-on with the market."
It feels like it's talking about my trading journal—every time I want to "push a bit more," I end up getting beaten down by the market.
It's true that personality can't be changed, but maybe it's not entirely impossible. The key is whether you're willing to pay the price.
Honestly, compared to technical indicators, mindset is ten thousand times harder to control.
View OriginalReply0
Rekt_Recovery
· 01-08 13:28
yo this hits different... been there done that with the ego thing, nearly got liquidated twice before i finally accepted the market doesn't care about being right
After many years of trading contracts, I've seen too many smart people stumble in the market.
$BREV's top university graduates, $BROCCOLI714's programming geniuses, $CLO's indicator experts... all kinds of talents are present. But how many can truly achieve stable account growth? Very few.
It wasn't until later that I understood — whether trading makes money or not doesn't depend on IQ at all, but on character.
Skills can be learned, systems can be built. The most fatal thing is that innate "core strength." It's not that these people don't work hard; the problem is that they are obsessed with proving they are right: "The logic is sound, just market manipulation; a little more patience and they'll turn around..." They end up going against the market, treating stubbornness as faith, and persistence as courage.
The market doesn't care how firm you are; a big wave can wipe out months of gains.
The market specifically punishes two types of people. One is those who must prove they are right; when the trend reverses, they explode emotionally and stubbornly hold on. The other always tries to reverse with a big bet, gambling heavily—greedy when winning, blaming others when losing. Essentially, they are gambling with their lives rather than trading.
Those who can achieve long-term stable profits actually understand the value of "retreat."
They know they are just ordinary people, not obsessed with perfect win rates, only avoiding one fatal mistake. They can accept the regret of not acting when they should, and will decisively hold cash when system signals are absent — holding cash may seem less professional than full position, but it actually proves professionalism. Stop-loss? That's just operating costs; opening a shop requires rent, and this money must be spent. Account fluctuations never affect their mindset; they don't get cocky after wins or collapse after losses. Every operation follows the rules, not to prove themselves.
Can't change your personality? Actually, it can be optimized through training:
Before opening a position, clearly write down stop-loss conditions and maximum tolerable loss. If you can't clarify, don't enter. Absolutely prohibit adding to losing positions to average down; if you do it once, force a three-day trading halt. When reviewing, change perspective: see "stop-loss" as "cost" rather than "failure." Within a month, only focus on rule execution rate, temporarily ignoring wins and losses.
The Tao Te Ching says: "The movement of the Tao is reversal; the weak are the use of the Tao."
The "weak" in trading doesn't mean fear of difficulty, but the clarity of not forcing against the market. Let go of the obsession with "must be right," allow mistakes, know when to wash your hands, and admit losses in time. This is the true underlying ability for long-term trading.