Share some trading insights:

1. Simplify trading: Moderation in trading is key. Many traders often overdo it, overanalyzing, interpreting, thinking, and acting. Learn to be appropriately "lazy"; the favorable signals in the market are limited, while most are noise. It's essential to filter out useless information and identify "high-quality signals." At the same time, adopt the mindset of hedge fund traders and stay away from seemingly attractive opportunities.

2. Set take-profit and stop-loss levels before entering a trade: Traders must establish their own rules and take responsibility for their actions. Exiting a trade is more important than entering it; most people exit impulsively, resulting in small profits or significant losses. Establishing a strict take-profit and stop-loss plan can help maintain calm and reduce emotional interference in decision-making.

3. Avoid worthless trades: Trades with disproportionate risk to reward often stem from blind and frequent actions, leading to a cycle of losses. Traders who enter trades blindly often rely on luck and ignore risks, while professional traders plan ahead. Worthless trades are detrimental to growth due to shallow understanding and arbitrary decision-making.

4. Maintain high discipline: Discipline is crucial to the success or failure of trading. It involves following rules and principles, managing risks, achieving goals, and avoiding emotional interference. It is recommended to strictly adhere to the plan and not get caught up in market fluctuations, thereby improving efficiency and stability.

5. Step away from the trading desk at the right time: Keeping a distance from the market is a wise strategy; overtrading can deplete funds. Use larger time frames to assess trends, with daily charts as the preferred choice for technical analysis, as they can eliminate distractions and efficiently utilize opportunities.