#闲谈 # Inspirational Quotes Essential Qualities for Traders
All things are impermanent; they are the law of birth and death. Once birth and death have ceased, tranquility is bliss.
—— "Nirvana Sutra"
The meaning of the above sentence is that the essence of the world is impermanence; understanding this can help one transcend fear.
This sentence also applies to the market, as the nature of the market is impermanence. Whether you can make a profit and how much profit you can make is unknown at the time you enter. In trading, we are also being involved by the market while we are entering it. How things will develop afterwards is something we can only observe, without attachment.
The essence of trading emphasizes the present moment; entering at this moment, breaking at this moment, and leaving at this moment. In between entering and exiting, you can only observe and cannot do anything; therefore, the emotions generated are meaningless.
A trader faces the impermanence of the market, the uncertainty of profits and losses, and their own human weaknesses, confronting all of this with the most ruthless and rational attitude. This is the market, a place of great turmoil, where we can achieve the greatest growth.
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#闲谈 # Inspirational Quotes Essential Qualities for Traders
All things are impermanent; they are the law of birth and death. Once birth and death have ceased, tranquility is bliss.
—— "Nirvana Sutra"
The meaning of the above sentence is that the essence of the world is impermanence; understanding this can help one transcend fear.
This sentence also applies to the market, as the nature of the market is impermanence. Whether you can make a profit and how much profit you can make is unknown at the time you enter. In trading, we are also being involved by the market while we are entering it. How things will develop afterwards is something we can only observe, without attachment.
The essence of trading emphasizes the present moment; entering at this moment, breaking at this moment, and leaving at this moment. In between entering and exiting, you can only observe and cannot do anything; therefore, the emotions generated are meaningless.
A trader faces the impermanence of the market, the uncertainty of profits and losses, and their own human weaknesses, confronting all of this with the most ruthless and rational attitude. This is the market, a place of great turmoil, where we can achieve the greatest growth.