"You Can You Up" represents the author's years of practical experience in forex trading and his deep understanding of the financial markets. This book not only shares trading insights but also explains the motivation behind developing the Invincible EA Script - a tool designed to help traders achieve consistent profitability through automated trading strategies.
What is the ultimate purpose of financial trading? Perhaps most people would say it's to make money. In fact, making money is just a process, not the ultimate goal. This book, through the display of numerous live trading orders, emphasizes the discipline of financial trading. For adults over 18, while most of them understand this discipline, they find it very difficult to practice. The most typical example is "Plan your trade, trade your plan" - they understand the principle but can't follow through, or more precisely, find it hard to consistently maintain. Therefore, I propose and validate a viewpoint in this book: parents prepare a $100 real trading account for their children each year from age 10 until they turn 18, training them in discipline.
This approach has two significant benefits. First, from a physiological perspective, girls at age 14 and boys at age 16, before their minor yin and minor yang phases, when receiving this training, will be profoundly influenced for life. The probability of success is very high, and the investment cost is very low - only $100 per year in monetary terms, with a maximum time investment of eight years, specific duration depending on each child's comprehension. I believe the overall performance of minors will definitely surpass the adult group aged 18 and above. Second, taking a step back, even if unsuccessful, when parents observe that their child is not suited for this, they can seriously educate and set rules before the child turns 18, stating that they should never touch any financial trading in their lifetime, whether stocks, futures, funds, or forex. This will greatly prevent the child from becoming a lifelong retail trader, avoiding not only financial losses but also lifelong psychological torment.
Returning to the opening question, what is the ultimate purpose of financial trading? The answer is to reach the other shore, and financial trading is merely one of the boats that can ferry us there. There can be many boats, and financial trading is just one of them, where we practice self-improvement. When one day we reach the other shore, this boat, having completed its mission, is no longer needed.
The world's first stock exchange, the Amsterdam Stock Exchange, was established in 1609, with over four hundred years of history. Setting aside those grandiose statements in textbooks, the essence of financial trading is simply moving money from one pocket to another. To supervise everyone's compliance with game rules and prevent cheating and fraud, various regulatory costs are added, mainly reflected in trading fees. Strictly speaking, most financial trading is a negative-sum game, but due to human nature's weakness, the desire for greed always exists. Therefore, this industry has not declined after four hundred years and will remain an emerging industry for quite a long time to come (unless one day material conditions become extremely abundant, reaching the level of distribution according to needs, then the financial industry would have no reason to exist). There will never be a shortage of participants. Borrowing Romain Rolland's famous quote, "After knowing the truth of life, still love life," similarly, after understanding the truth of financial trading, we still love financial trading.
Refusing to become a retail trader is our firm belief after understanding the truth of financial trading. Therefore, we refuse to look at any news, refuse to listen to any expert comments, refuse any analyst analysis, even refuse to look at any K-line charts, refuse to look at any indicators, and only focus on designing our trading plan based on our account's risk tolerance. Then, it's 100% execution of the trading plan. If there are issues in practice, we redesign our trading plan and execute it 100% again, repeating this process. Using the scientific exploration spirit of "Bold hypothesis, careful verification," we spiral upward in improving our trading plan formulation level until finally reaching the other shore.
Looking back on my nearly twenty years in the financial trading industry, summarizing my mission in the financial industry, after searching and seeking, I finally found it. That is, contributing an automated trading software design to the global financial industry with four hundred years of history, enabling every manual trader to transform into an automated trader. Achieving this is my other shore. Reader friends, what is your other shore? How to reach it early?