Livermore said: Trading for 90% of the time isn’t worth you getting your hands on it, but during that same 90% of the time, most people have already lost all their principal……

Instead of using that 90% of the time that should be for laying low, the vast majority end up personally losing their entire principal.
Because the weakness of human nature gets infinitely magnified in the market. People always have an inescapable “urge to participate” anxiety—feeling like watching the screen all day with no action means the day is wasted. So they act like irrational machine-gunners, frequently opening positions in a choppy range market with no trend, trying to pick up coins in a meat grinder. They treat being in no position as the risk of missing out, but forget that having no position is the highest-level risk control.
Livermore proved through a lifetime of ups and downs: truly making big money has never depended on frequent buying and selling, but on extreme patience. Great traders are like concealed snipers—90% of the time they spend boringly observing, recording, and waiting, only firing decisively when the most perfect “key point” appears.
The market is never short of opportunities; what’s lacking is the self-control to restrain impulsiveness. Frequent trading is just the breeding ground for the account’s slow death.
Remember: having no signal is the most perfect trade. Hold your hand, endure that 90% of loneliness, and only then do you have the right to reap that 10% of extraordinary profits. In the world of trading, the real contest is never about who is more hardworking, but about who can wait longer. #GateUS合规扩展佛罗里达 $BTC