The experience of enlightenment in stock trading is unique for each trader. Enlightenment is not a specific point in time, but a process that results from the personal growth of the trader and a deepening understanding of the market. When you understand and accept the uncertainty of the market, stop pursuing certainty, and form a simple and effective trading system with a positive expected return that belongs to you, at this point, you are on the right path of trading.

Epiphanies often occur after a long period of learning, practicing, and going through multiple attempts and failures, when suddenly, in a moment, you understand some truths. Trading epiphanies come after you have taken many detours and lost a lot of money, and you have gained insight into the essence of every aspect of trading, feeling as if you have seen the light through the clouds.

At this time, you might regret not realizing things earlier and losing so much money in vain, but it is precisely because of your previous losses that you are on the path to enlightenment. If your trading had always been smooth sailing, it would be difficult for you to improve. This kind of enlightenment is not something that happens overnight, but rather it accumulates gradually until a moment when investors suddenly understand that the key to profiting in the stock market is not about how to accurately predict the market or complex trading skills, but about simplicity, discipline, and an understanding of the essence of trading.

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The process of enlightenment in stock trading is a journey from simplicity to complexity and back to simplicity. Essentially, it is a process of continuous improvement in your level of understanding. What you once thought was right, after enlightenment, you find to be worthless.What once seemed like trash, upon realization, turned out to be the truth.

Understanding that the core of profiting in the stock market is to seek within, not without, consistently execute your trading system, be patient and focused, and leave the rest to time.

At this point, you no longer indulge in the fluctuations of stocks every day, but spend more time on life, learning, and contemplation. You no longer predict the market, but follow it. You know that the trend is king, and your opinions are worthless in the face of the trend. Cut losses when you're wrong, and hold when you're right. It's that simple, with inner peace and stability.

Of course, many times what you think is an epiphany actually means nothing. The process of a trader growing is the process of upgrading from a fool to being awesome.

Speculation is as old as the hills, and there's nothing new on Wall Street, which means that human nature never changes. The principles of trading in the speculative world have long been established, and what we need to do is to discover and execute them, without the need for us to innovate.

Including myself, most people, when they first start trading, hope to find a trading holy grail that others can't discover through their own efforts. After a few years of detours, they will finally realize that what they have painstakingly and hard-won insights are actually things that predecessors have already summarized, but at the beginning, your level of cognition was too low to understand.

Let's talk about a few important moments of realization in my 16 years of trading, hoping they can be helpful to you:

1. The trend is uncertain, the future is unpredictable, and entering the market is just the beginning of a trial and error process.

2. The only trading logic with a positive expected return in trading is: cut losses short and let profits run.

3. You must trade systematically, combine your entry rules, exit rules, and money management rules to form a complete trading system.4. There is no perfect trading system in the world; there is only a system that best matches one's own risk preference, and it should not be over-optimized.

5. Profit and loss come from the same source. Risk and return have always been one entity. If you want to increase returns, the most effective way is to amplify your risk and increase your position size.

6. Consistent execution. This should be the last hurdle for a trader. Most people cannot consistently execute a trading system for more than a year.

7. Do your best, and then leave the rest to fate. Even if your trading system is top-notch and you can execute it consistently, if the market does not cooperate, you still cannot make a profit.

Share some things I knew before you in trading. Many things, many truths, can be understood after trading for a long time, but society is about who understands first. Early understanding and late understanding lead to different destinies.