Many traders blame themselves for failures, often attributing it to not achieving “unity of knowledge and action.”
So, what exactly does “unity of knowledge and action” mean in trading?
Many people misunderstand this concept. In Wang Yangming’s philosophy, “knowledge” refers to the innate moral judgments within a person—clear distinctions between right and wrong—pursuing an unchanging truth. However, in the trading market, treating one’s inherent beliefs as absolute truth or judging correctness based on single successes or failures is logically problematic—because “knowledge” in trading is mer