Below are some trading insights from Baili:

1. Risk management is crucial:

Set stop-loss points before trading to control the risk exposure of each trade. Do not invest more than you can afford, and maintain liquidity. Diversify investments to avoid concentrating all funds in a single market or asset.

2. Patience and waiting:

Trading is not about frequent buying and selling, but about waiting for the best opportunity. Learn to stay out of the market until the conditions align with your trading strategy. Do not trade impulsively due to short-term market fluctuations.

3. Continuous learning and adaptation:

The market is constantly changing, and you need to continuously learn new trading knowledge and techniques. Stay updated on market dynamics and adjust trading strategies in a timely manner. Acknowledge your mistakes and learn from failures.

4. Discipline:

Strictly adhere to your trading plan and do not easily change your trading strategy. Avoid emotional trading and remain calm and rational. Keep a trading journal and regularly review and summarize your trading experiences.

5. Understanding market psychology:

The market is driven by human emotions, and understanding market psychology is essential for predicting market trends. Pay attention to market fears and greed, as these often signal market reversals.

6. Combine technical analysis and fundamental analysis:

Technical analysis can help identify market trends and trading signals. Fundamental analysis focuses on long-term factors such as economic indicators and policy changes, providing a macro background for trading.

7. Maintain humility and respect:

The market is complex and unpredictable, so always maintain a humble attitude. Respect the market and do not attempt to challenge its forces.

8. Long-term perspective:

Trading is not about getting rich overnight; it requires long-term accumulation and patience. Set long-term trading goals and avoid excessive trading and impulsive decisions in the short term.

9. Capital management:

Allocate funds wisely, regularly assess your financial situation, and ensure the safety of your funds.

10. Mental health:

Trading stress can lead to emotional fluctuations, so learn to manage stress. Maintain a positive mindset and accept losses and setbacks in trading.

These trading insights are not set in stone and should be flexibly adjusted based on your own experience, risk tolerance, and trading goals. Remember, trading is a marathon, not a sprint, and continuous effort and learning are key to success.