1: Trading is about embracing simplicity

Human energy is finite, and only by investing this limited energy into areas where one excels can success be achieved. The same applies to foreign exchange trading. The mentality of constantly looking for greener pastures, akin to a monkey breaking corn, can easily lead to emotional trading, chasing gains and cutting losses, which increases the failure rate and makes one's mindset more restless, prone to losing oneself.

Exploring any unknown field comes at a cost, in terms of real money. It is only through this that one realizes they are but a drop in the ocean of the market, and even a lifetime may not be enough to fully explore it. These immature operations reveal the weaknesses of human nature—people are fickle and quickly bored, and in these continuous attempts, it may lead to a reduction in capital.

There are not many trading opportunities that suit oneself, and there is no need to trade every day. However, the desire to profit more can lead one to忍不住try more trades, resulting in consecutive losses. Although these losses are within the stop-loss range, they also prove that one has not yet overcome the weakness of human greed, always wanting to seize sudden opportunities in the market, only to fall into the trap of risk.

Therefore, trading should be selective, knowing when to act and when to refrain.

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2: Confronting weaknesses

Acknowledging and addressing one's weaknesses is a crucial step in personal and professional development. In the context of trading, this means recognizing the areas where one may be prone to making mistakes or succumbing to emotional decisions. It is important to be honest with oneself about these tendencies and to develop strategies to mitigate their impact on trading decisions. This may involve setting strict rules for trading, seeking advice from more experienced traders, or using tools and systems that help to manage risk and maintain discipline. By confronting and managing one's weaknesses, a trader can improve their performance and increase their chances of success in the market.The instinct of humans is to escape pain and avoid facing their own faults. In this arena of games, desires may be the objects of market manipulation. Under the control of desires, one might hastily seek quick profits, might not close positions in time when the market is unfavorable, or might not want to take profits after the market ends even if they have made a profit... In these situations, the ultimate result is only loss. Even if there is a profit, it is merely a windfall that will eventually be returned, if not more.

No wonder it is said: In the market, the key is not the trend, but human nature! Under the influence of human desires, one's intelligence can be reduced, and it may take a loss to realize the mistake.

3: Strength and Execution

Forex is like a battlefield, where one must have the ability to face danger without fear. Otherwise, with the heart beating in response to gains and losses, problems will arise sooner or later, whether it be financial or health issues.

As for execution, it means adhering to trading discipline. The unity of mind and hand is a state of being, but everyone says it is difficult to achieve. No one in the world can truly know or do it. If cognition and action are inconsistent, knowing too much will not lead to success.

4: Equanimity

There are too many myths in forex, stories of getting rich overnight, which serve as both motivation and anesthesia. Perhaps today's star is tomorrow's meteor, and the current master could be the loser of the next moment. Only by expressing oneself, with a down-to-earth heart, and striving in the right direction, can one achieve long-term stability and peace.

Sometimes one may feel inferior, restless, or envious of those so-called masters. However, the fact is that being right or wrong about market direction does not matter. Sometimes, it is not the correctness of the market direction that determines success or failure, but the size of the positions opened. Only by being true to oneself, continuously improving, and maintaining a balanced state of mind, can one become a consistently stable master. This is the most inconspicuous yet most important skill in the forex market.

5: Trading MantraThe allure of foreign exchange is immense; only by practicing the "deep practice" mentioned in the "Heart Sutra" can one achieve a state of "egolessness." Observing those unsuccessful investors, the reason for their account blow-ups is invariably centered around the self, relying on subjectivity and fantasy in trading. However, the market does not shift according to individual will.

A true trader will delve into deep contemplation, stabilizing their mindset and strengthening their psychological resilience, in order to truly observe every fluctuation in the market and make correct, independent judgments. In the foreign exchange market, it is most taboo to be rigid and adhere to old biases. Only by following the market's pace, stepping in sync with the rhythm of trends, and making well-considered moves can one be invincible.