Day Ninety-One · The Fairness of Probability. I used to think the market was unfair.

Clearly, the analysis was correct, but it didn't go up; clearly, the logic was sound, but it plummeted; clearly, others bought casually, and doubled their money.
Only later did I understand — the market isn't unfair, the market is probabilistic.
Every trade is just one of countless possibilities.
Correct doesn't necessarily mean you're skilled; wrong doesn't necessarily mean you're bad.
It's like rolling dice, if you guess right, it's not because you can predict the future;
if you guess wrong, it's not because you're unlucky.
It's just that this time, the dice didn't favor you.
After trading for a long time, I increasingly feel:
what matters isn't winning or losing in a single trade, but whether you've done the right thing at the "right time."
Analysis might be correct, but if your position size is wrong, it’s useless;
your logic might be sound, but if you didn't get in, it's useless;
you got in, but didn't hold, it's also useless.
Every step must be right to win once.
But losing only takes one mistake.
When floating losses occur, I’ve learned not to ask "why did it fall," but to ask "did I do the right thing."
If the action was correct, then wait;
if the action was wrong, then change.
The market isn't an exam room, don't obsess over the score every time.
Only by staying alive can you wait for the next chance the probability grants. #WCTC交易王PK