The truth about the trading market:
1. Prices will always fluctuate. Without fluctuations, there will be no market. As long as there are fluctuations, the trend is our only chance to make a profit;
2. Trends will not always exist, so we must try and fail efficiently. As long as it is trial and error, there must be small losses and small profits, but we must not leave the market and must be brave to try and fail, because we don’t know whether the next trial and error is really a trend;
3. No matter what your strategy is, the core is how to effectively grasp the trend;
4. Trend tracking is the king of trading. Anyone who can make long-term stable profits must have the logic of cutting losses and letting profits run behind their trading logic;
5. The movement of market prices has been repeated. Although it is not a simple repetition, the basic operating logic is exactly the same. It has not changed now and will not change in the future;
6. Chasing small-scale intraday fluctuations is meaningless. It is too fragile and the certainty is too poor. We must pursue the big trend; intraday operations can be done, but they cannot be done blindly. Reduce the frequency of transactions as much as possible and wait patiently for the generation of trend signals;
7. Without a big trend, you will never make money.