How far is the distance between knowing and doing?

ordinary people make deals
从0到

        A long time ago, I always thought that no matter what, as long as you know how to do it, it will be easier to handle later, as long as you do it according to the method, you always think that knowing is more difficult. Since I have been in contact with trading for nearly 10 years, I finally I found that knowing is really difficult, but doing is even more difficult. If I have to describe it, then, in my opinion, the distance between "knowing" and "understanding" is 108,000 miles, and the distance between "understanding" and "doing" is 108,000 miles or even further. After you know it, if you want to do it, you are actually fighting with yourself and your own humanity. It is difficult to defeat others, but it is even more difficult to defeat yourself. If you can't beat yourself, there is only one end: losing money.

     Sometimes in the news, I see so many officials taking bribes and taking bribes, power and sex transactions, etc., I have a question: most people who can become high-ranking officials are very capable people, hardworking, ambitious and pursuing People with high cultural quality are also relatively high, and they often have good families, but why are they still so greedy for money and lustful? ! Is their willpower so weak? ! It wasn’t until I had been doing business for several years that I finally understood this doubt: it’s not that their willpower is weak, but that human nature cannot withstand temptation. Those who can stand temptation and test must be saints. Just think about it, when we are trading, watching the market every day, looking at the countless trading opportunities that appear all the time, how difficult it is to resist not trading? How hard is it not to be short-term? How difficult is it not to overweight? How hard is it to not resist? How difficult is it to hold a profitable list? How difficult it is for us to make deals, how difficult it is for those officials to resist corruption and bribery, and not to engage in power and sex transactions! Think about it, countless money, beauty, and wine appear in front of you every day, and you can have them as long as you reach out, even without reaching out or talking, they will take the initiative to send them to your home, your hands, and your bed! You know in your heart that you can’t take it, it’s risky, and it’s very risky, but that’s for the future, and you still have a fluke mentality, thinking, what if it’s okay in the future? Therefore, no matter how difficult it is to trade, it is as difficult for officials not to be greedy for money and lustful. As much as the probability of the transaction being successful, so is the probability that the officials are not greedy for money and lust! Of course, the probability of officials being greedy for money and lust is definitely not so high, because after all, officials still have institutional restrictions and supervision, and we do transactions without any supervision and restrictions except ourselves.

​ So in the face of this situation, do we have a solution? I think there are two ways:

One is external constraints, that is, using systems and external coerciveness to restrict. For example, officials have corresponding procedures and systems to restrict their power, and there is also a discipline inspection committee to supervise. Asset management companies generally have risk control departments, which have the same role. ​Of course, as individual traders of small retail investors, this method is useless. We can't hire a person to supervise ourselves.

The second way is inner conditioning. It means that you must have a strong desire for success. This desire for success will allow you to restrain your weaknesses and resist all kinds of temptations and impulses. For example, if an official's goal in life is to become president and he has a strong desire to succeed, then, in order to make his dream come true one day, he will resist all kinds of temptations and not accept bribes, because he knows that as long as he accepts bribes once, It is possible that his dream will never be realized, and this consequence is absolutely unacceptable to him. The same is true for our trading. If your desire for trading success is strong enough that you absolutely cannot tolerate any behavior that breaks the trading rules, then you will succeed.

Copyright reserved to the author

Last updated: 08/15/2023 08:32

708 Upvotes
4 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.