Why do successful traders not advise others to trade?

As we all know, if you can make a stable profit in trading, you can make a lot of money, and your life will be free from now on.

Leaving aside Buffett, who once became the richest man in the world, Soros, Simmons, Ray Dalio, etc. are also well-known figures on the Forbes list. The wealth they own can be called rich and coveted Three feet.

Therefore, people who enter the financial market are always coming one after another, and there is a steady stream.

So why do you often see successful traders not recommending others to trade?

In fact, in the final analysis, it is because the success rate of trading is too low. Everyone in the stock market says that 10% of people make money. However, if it is a long-term stable profit, it is estimated that this ratio will drop to 1%. In terms of trading, due to leverage, the success rate will drop to 1‰, or even lower.

It takes a lot of time and effort to be successful in trading.

However, trading is different from other industries. One thing that is special is that even if you spend a lot of time and energy, you may not be able to make a stable profit, and you must have talent, your own quality, luck and other factors.

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So why is the transaction success rate so low?

Mainly because of the following two factors:

First, it is too difficult to create a stable and profitable trading system.

Most other professions, such as doctors, lawyers, engineers, architects, etc., can generally be proficient as long as they learn relevant knowledge and work hard.

However, for ordinary people, trading does not have a clear learning path, nor can they get systematic teaching opportunities. Even if you study very hard, you may not be able to master it.

But using the same method of trading, some people make money, while others lose money. Therefore, there is no winning trading system.

Therefore, how many people have been unable to create a stable and profitable trading system throughout their lives. It can be seen that it is difficult to create this system.

Second, it is too difficult to overcome the weakness of human nature.

It is difficult to fight the country, but it is even more difficult to defend the country.

Even if you have a trading system that can make stable profits, after several years of achieving stable profits, it does not mean that you will always be profitable in the future. Many very successful traders are destroyed in one transaction, such as the devil trader Nick Lee Mori, Binzhong Tainan and so on.

Weaknesses in human nature such as greed, fear, jealousy, arrogance, inflation, etc., any point may make traders go nowhere.

Anyone who does trading knows that trading is too cruel and requires high personal quality. Mood, environment, changes, etc. will cause psychological changes, which will affect trading. Many people just can't pass this level, and then no more...

Our human nature is the product of human evolution over millions of years, determined by the genes in our body. To overcome the weakness of human nature means to do anti-human behavior, and the difficulty can be imagined.

In fact, it is the struggle between sensibility and rationality. Our rationality is like the tip of an iceberg floating in the sea, but what really dominates us is the huge emotional iceberg hidden in the sea. Usually we feel very rational in doing things, but when it comes to critical moments, we are controlled by sensibility without knowing it.

There is an old trader who has been trading for 15 years and has been making stable profits for 7 to 8 years. He lives in a big house and drives a luxury car, and his life is very nourishing.

Once, he was optimistic about the long market of a commodity, and he waited for several months, just waiting for this opportunity to make heavy positions and enter the market.

The opportunity finally came, and he entered the market as scheduled. After that, the market also rose a little as expected.

However, the good times didn't last long, and the market then turned around; however, he was unmoved, and even covered a little bit of his position.

However, the market then plummeted...

In the end, it is to sell the house, sell the car, and fall directly from heaven to hell...

Afterwards, I asked him, why did the layout of the heavy position not stop the loss? He replied, this time with great confidence...

Even if you have been making profits in trading for many years, you still cannot escape the shackles of human nature. It can be seen that it is difficult to overcome the weakness of human nature.

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We have to stand the test of human nature all the time when we do business. Five, ten, or dozens of times may not be a problem, but hundreds, thousands, or tens of thousands of times, you can guarantee that you can stand the test every time. ?

Therefore, the financial market is a purgatory for human practice. To do a good job in trading, you must practice hard like an ascetic monk all the time, every day and every year. Can you do it?

It is estimated that everyone has their own answer in their hearts.

That being the case, why do we still do business?

Seriously, don't take the road of professional trading lightly.

Once you choose this path, you must understand that what you choose is a path of lifelong practice !

However, everything has two sides. It is not easy to make a living by trading, but once you succeed, the wealth and freedom it can bring you is unparalleled!

If you also aspire to become an excellent trader, you must understand that this is a long-term process of fighting against the war. You have to devote much more time and energy to this cause than others; and you must also pay attention to your inner self. Cultivation, down-to-earth, always highly self-disciplined and abide by the trading rules, can increase the probability of success as much as possible.

To paraphrase Romain Rolland: There is only one kind of true heroism in the financial market, that is, after recognizing the truth of trading, you still love it .

mutual encouragement!