The key points are as follows:
1. Key trading theories such as resistance and support levels are essentially consensus trading; the more people use them, the more accurate the indicators become, as they can change the price trend of the currency.
2. Most traders may have a high win rate but ultimately suffer heavy losses because they cannot control their desires, entering the market fully during peaks, and getting harvested by the market makers or capital during black swan events.
3. A reasonable approach in a bull market is to divide your position into ten parts, investing one-tenth each time, adhering to trading discipline, which can yield a win rate of up to 70%, with a maximum loss of 10% during black swan events.
4. Trading carries risks; before capital harvesting cycles, engage in frequent small position disciplined trading to achieve certain gains.