How to Adjust Your Mindset as a Beginner?

1. Before having a stable profitable trading system
At this stage, you should focus on learning more, practicing more, summarizing more, and seeking technical improvement; it’s very important to keep a trading journal. This will help us review and analyze our trades later, learn from mistakes, continuously leverage strengths and avoid weaknesses, until we develop a consistently profitable trading system.
However, do not let your lack of technical proficiency be blamed on your mindset. If the technical issues are real but you use poor mindset as an excuse, you’re missing the core problem and progress will be difficult. Of course, it’s also necessary to cultivate a good mindset appropriately, otherwise it can hinder our continuous technical improvement.

2. After establishing a stable profitable trading system
At this point, many veterans might think they can relax and that achieving financial freedom is just a matter of time!
Actually, the real test is just beginning. If a period of continuous gains causes us to change our mindset—becoming arrogant and thinking we’ve finally tamed the market—disaster often follows unexpectedly.
Therefore, even after becoming experienced traders, we must strictly adhere to discipline in trading. This is very counterintuitive, so we need to constantly cultivate our mind and temper our temperament—stay humble, patient, cautious, and avoid arrogance and impatience. Only then can we conquer ourselves and follow the market’s rhythm closely.
Furthermore, we should keep striving to improve our technical skills, constantly breaking through our limits. Only then can we become a market veteran who stands firm and unshaken.
Both mindset and technique are very important for traders; they complement each other. We must understand that at different stages, we should focus more on the critical aspects. Otherwise, we risk wasting too much energy on detours, slowing down our progress. Only with clear goals and targeted efforts can we stride confidently on the right path!