The divine fish: chasing high trades is essentially exchanging wealth for an illusory self-identity
ChainCatcher message, the divine fish shares its trading insights on its social platform, "Every 'buy more as it rises' trade is essentially not trading in the market, but trading self-worth. Increasing positions is not due to new insights about the market, but because we need greater profits to maintain a grander self-illusion. The market becomes a mirror; what we are obsessed with is not the profit itself, but that 'invincible' self in the mirror.
This is why all advice about trading discipline and systems, while correct, is difficult to truly change behavior. Because you cannot fix an existential problem with technical solutions.
The most ironic thing is: we think we are using money to exchange for wealth, but in reality, we are using wealth to exchange for an illusory self-identity.
In this trade, we were destined to be losers from the very beginning."
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