Small account funds are the root cause of most people's losses. This is a new realization I recently came to understand. With the same trading techniques and the same trading instruments, the larger the account size, the better I tend to perform. Conversely, with small accounts, all my trading skills, trading mindset, and trading discipline tend to fail in a vicious cycle. It wasn't until I read a book called "The Nature of Poverty" that I found the answer. The difference between small and large accounts is like the difference between poor and rich in real life—two very different situations. Once this situation forms, it determines that your efforts and your gains will never be proportional. For example, a 10% profit on a $100 account is $10, but on a $1,000,000 account, it's $100,000. In real life, if you’re holding a knife and can't even support yourself, you're in a state of food insecurity. If you go into trading with this mindset, how can you not be greedy? How can you not trade frequently? How can your mindset not become distorted? Once this happens, your emotions will spiral out of control, and human flaws will be amplified infinitely, leading to deeper and deeper trouble.
On the other hand, large funds come with inherent constraints. When you hold a large amount of capital, you are more aware than anyone of the huge costs of reckless actions. This naturally creates self-imposed restrictions. A single trade can top what others earn in a year, ten years, or even a lifetime. You can wait, and you are willing to wait. As a result, good trading habits will naturally develop. This positive cycle will increasingly boost your confidence and resolve, making profits become easier and easier. #比特币保持坚挺
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Small account funds are the root cause of most people's losses. This is a new realization I recently came to understand. With the same trading techniques and the same trading instruments, the larger the account size, the better I tend to perform. Conversely, with small accounts, all my trading skills, trading mindset, and trading discipline tend to fail in a vicious cycle. It wasn't until I read a book called "The Nature of Poverty" that I found the answer. The difference between small and large accounts is like the difference between poor and rich in real life—two very different situations. Once this situation forms, it determines that your efforts and your gains will never be proportional. For example, a 10% profit on a $100 account is $10, but on a $1,000,000 account, it's $100,000. In real life, if you’re holding a knife and can't even support yourself, you're in a state of food insecurity. If you go into trading with this mindset, how can you not be greedy? How can you not trade frequently? How can your mindset not become distorted? Once this happens, your emotions will spiral out of control, and human flaws will be amplified infinitely, leading to deeper and deeper trouble.
On the other hand, large funds come with inherent constraints. When you hold a large amount of capital, you are more aware than anyone of the huge costs of reckless actions. This naturally creates self-imposed restrictions. A single trade can top what others earn in a year, ten years, or even a lifetime. You can wait, and you are willing to wait. As a result, good trading habits will naturally develop. This positive cycle will increasingly boost your confidence and resolve, making profits become easier and easier. #比特币保持坚挺