Stable and profitable traders need "artisan spirit"

Lao Liu Trading Research Institute
刘行情

Craftsman spirit, English is Craftsman's spirit, is a kind of professional spirit, it is the embodiment of professional ethics, professional ability, professional quality, and a kind of professional value orientation and behavior performance of practitioners. The basic connotation of "artisan spirit" includes dedication, leanness, concentration, innovation and other aspects.

"Craftsman spirit" is to abandon impetuous people's hearts and short-term interests. It is to do a job to the extreme. Craftsman spirit is the persistence behind it. Only excellent and stable profitable traders can be called "craftsmen" in trading.

Today's investment market is impetuous and pursues immediate benefits brought about by "fast, ruthless, and accurate" (quick results, heavy positions, and short cycle), thus ignoring the quality soul of trading. Therefore, traders need more craftsmanship to be successful in their long-term investment career.

Investment trading is a grand job, delicate job, and skilled job, so it requires a big-picture view, a fine-grained view, and a skill view, and the three views are indispensable. To do transactions, one needs to have a good understanding of the international and industry economic situation, but only the overall situation may not be able to grasp the timing of buying in investment transactions. Choosing the timing of buying is a delicate job, which requires "craftsmanship" "heart".

Many traders cannot make stable profits. Although there are many reasons, they can ultimately be attributed to one aspect, which is the lack of rigorous craftsmanship in doing things. Traders with stable profits are more rigorous in thinking and more craftsman than those who cannot make stable profits.

dachshund

The craftsman spirit is to require traders to be like a craftsman, ponder every entry and exit and position of their own, strive for excellence, and stand the test and scrutiny of the market. The core of the craftsman spirit is that traders should pursue rigorous thinking and a perfect trading system, so that they can advance and retreat with the market's long-short conversion when trading.

The craftsman spirit of trading "craftsman" mainly has four core spiritual connotations:

dedicated. Dedication is a serious, conscientious and responsible professional mental state generated by traders based on their awe and love for their profession.

lean. Lean means striving for perfection. It means that traders have strict fundamental and technical basis for entering and exiting positions in each transaction, so as to achieve the professional quality of concentrating, striving for perfection, and pursuing the ultimate.

focus. Concentration is the spirit of patience, persistence, and persistence that is determined in the heart and focuses on details. This is the spiritual quality that an excellent trading "craftsman" must possess.

innovation. An excellent trading "craftsman" also includes the innovative connotation of pursuing breakthroughs and innovations.

Looking back at investment history, trading "craftsmen" who are keen on innovation and invention have always been an important driving force for the progress of the overall thinking of the trading world. Outstanding trading "craftsmen" have become masters, such as Richard Dennis, the founder of the Turtle Trading System who established a perfect trading strategy, Larry Williams who founded the Gap Trading System, and established the 123 rule trading system Vic Do Sporandi, etc., are all people who have brought the "artisan spirit" to the extreme.

dachshund

Here I have to mention the difference between Western philosophical thinking and Eastern technical thinking. Western philosophical thinking is more refined, while Eastern technical thinking is a kind of rough logic. Combining these two thinking may be more conducive to promoting trading thinking system breakthrough.

Copyright reserved to the author

Last updated: 08/28/2023 06:40

746 Upvotes
10 Comments
Add
Original
Related questions
About Us User AgreementPrivacy PolicyRisk DisclosurePartner Program AgreementCommunity Guidelines Help Center Feedback
App Store Android

Risk Disclosure

Trading in financial instruments involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Any opinions, chats, messages, news, research, analyses, prices, or other information contained on this Website are provided as general market information for educational and entertainment purposes only, and do not constitute investment advice. Opinions, market data, recommendations or any other content is subject to change at any time without notice. Trading.live shall not be liable for any loss or damage which may arise directly or indirectly from use of or reliance on such information.

© 2025 Tradinglive Limited. All Rights Reserved.