When trading, who are you competing against #特朗普称对伊战争已胜利
First Stage: Competing against institutions New traders always think they can defeat institutions with skills, but retail investors are completely at a disadvantage in terms of information, capital, and analysis. The market is inherently led by institutions, and resisting will only lead to repeated losses.
Second Stage: Competing against retail investors After gaining experience, one learns to follow the main forces and begins to be cautious of crowd behavior among retail investors, critically evaluating public opinions, no longer following the trend, and focusing on finding institutional movements.
Third Stage: Competing against oneself Once strategies mature and analysis becomes a habit, the biggest enemy becomes oneself. The core is to manage one’s mindset, execute discipline, and endure monotony. In this stage, one no longer stubbornly fights the market but instead pays more attention to life and mindset, leading to stable and lasting trading. $ETH $XRP