“No one can transplant trading skills to others” (from Nikkei BP's The Day Trader).

It is also written that “more than 80% of trading is essentially mental.”

Techniques can be verbalized and conveyed, but to execute the taught techniques, one must also have the mental aspects in order, and these mental aspects account for more than 80% of the weight.

Hmm, it presents a quite harsh reality, doesn’t it?

It also says, “With just a wave of a magic wand, you cannot impart consciousness, mental posture, the discipline of a winner, and the way of thinking and action.” Does this mean that before facing the market, one must confront oneself? Skills that one must acquire in solitude...

When I first started trading, I didn’t think about such things, but now it strangely resonates with me.

See you next time.