Discipline > Talent

Tomorrow is a holiday, so I wish all my fellow friends a happy May Day in advance!

I just suddenly remembered the Turtle Trading Rule, when Richard Dennis used a mechanical trading system to train drivers and piano teachers into money printers with an annualized return of 80%.

Turtle trader Curtis once lost 60% in a single day due to unauthorized rule changes, but students who adhered to the system ultimately made 100 million USD in 5 years.

The truth is that 80% of the profits come from 20% of the correct trades, but you have to survive until that 20% arrives.

In simple terms, it's just three words - Be a machine!

Never learn from those "stable party" traders who use 3x leverage and ended up getting buried by Luna after 18 margin calls; they are just self-deceiving gamblers.
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When others FOMO into all-in, you calculate your position based on ATR, and when there's a waterfall drop, you coldly cut losses. This is true contrarian behavior.

Always remember, the trading system is not meant to make you rich, but to prevent you from self-destructing. The more you desire to get rich quickly, the faster you will die.

Trading is a long-term struggle against human weaknesses. Establishing a sound trading system, cultivating contrarian thinking, adhering to strategies, and managing one's mindset are all key to surviving and profiting in this market.

‍#反人性交易 #交易纪律 #交易心态