This question is particularly good. The trading industry has a low barrier to entry but a high threshold for excellence, making it a very challenging endeavor that demands a high and comprehensive level of literacy from traders.

There are many qualities required to excel in trading, such as patience, resilience, diligence, and so on. Having interacted with numerous traders, I've noticed that most have a desire to learn and can be diligent, but many are so focused on their work that they forget the most important thing is to look up and see the path ahead.

I believe that what most people lack the most is a "global perspective" and a deep analysis of themselves.

Let me explain a simple truth: before entering the market, how many people know what they need to learn to fully master trading? What kind of process will one go through from being a novice to achieving stable profits? What difficulties will one encounter in trading, and how to solve them?

In fact, the biggest difference between people is that some conduct research and confirm the feasibility before setting their direction of effort, considering the overall situation before making a move with confidence. Others just "feel" that they can succeed in this endeavor, or they are envious of others' success, so they blindly follow, which greatly increases the chances of failure.

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In the process of considering the overall situation, you will gradually realize the harshness of the market and conduct a deep analysis of your own abilities. This process may be very painful because you will recognize your own insignificance and incompetence. It is difficult for human nature to face one's own shortcomings directly, and many people only come to this realization after losing a lot of money, but by then, it's often too late.

When you deeply understand the full picture of the market and your own insignificance, you will pay attention to risks in trading, be cautious, learn more, and operate less. Only then can you know whether your strategy has the ability to make a profit in the long term, and only then can you talk about diligence and persistence.

The right direction is always more important than the operation itself.

Why are there so few successful people in trading? Some people have worked diligently in trading for many years but still cannot achieve profits. Sometimes it's not because they are stupid or have bad luck, as they might have been on the wrong path from the start.

A friend told me that he saw someone in his circle catch a big market trend within a few days, and their principal directly multiplied by several times. So he was eager to enter the market. He started trading and quickly turned 30,000 into 180,000 in just a few days. Since then, he has believed that trading should be done this way, and that money should come this easily.Until now, he has been trading for over six years and has lost more than a million dollars. When chatting with him, he still emphasizes his "glory days" to me. No matter how earnestly I explain the risks of the market and the relationship between profit and risk, he can't seem to hear it. He always thinks that trading is so profitable, and if it's not going well, it's just because of bad luck, which will surely come back.

So what can be done? It's impossible to persuade him, and there's no way to help.

In fact, in this era of information explosion, it's quite simple to thoroughly understand something.

For instance, if you want to know what the process is like from being a novice to making a stable profit?

You can search online, and there are plenty of people talking about their trading experiences, telling you about the risks of trading. Many people have time to watch short videos but no time to see what others' trading processes are like.

When you see that many traders' experiences are similar, it indicates that this might be what everyone needs to go through in the trading process. We take the essence and discard the dross, learn from their strengths, and abandon their human weaknesses. Only then, when encountering similar situations in future trading, can we truly "recognize" them and know how to improve.

If you want to know what you need to learn to do well in trading?

There are even more people writing about this, whether it's learning the fundamentals or the technical aspects. Many are teaching how to learn trading from 0 to 1. Failing that, there are also many established trading books on the market that have summarized and concluded everything for you, leaving only for you to take the initiative to learn.

Some may ask, how to discern the quality of this content? As you learn more, you will gradually perceive it and be able to compare it with others. Additionally, most trading software has a demo account that can be used, which replicates future market conditions one-to-one and can be used to test your trading strategies or any doubts that arise during trading. After learning and testing for a long time, you can look back and understand which content is truly effective.

So the "awareness" in trading is the most important. If the awareness is not in place, there's no point talking about the operational stage.For instance, you understand that trading must be planned. Before entering a trade, you should have a strategy in place: what to do if you make a profit? How to operate if you suffer a loss? What to do if the market moves in a trend? What to do if the market is volatile? And so on.

For example, you know how crucial money management is in trading, so you should know how much capital to invest in each trade? How to allocate funds when trading multiple instruments? What trading cycle and type is suitable for your capital size? Should you reduce your position size after a loss, and should you increase it after a profit? And so on.

All these details should be present in your consciousness, so that we can progressively advance each step of the trading process. Only then can trading be conducted in a methodical way, without incurring losses without knowing where the problem lies.

Therefore, diligence, patience, and resilience are all very important in trading, but they must be based on the correct mindset.

In trading, you must be both a visionary boss and a hardworking, diligent, and reliable employee. This is the most challenging aspect of trading.