Trading is like a tug-of-war, where patience and wisdom are key. Each operation feels like sparring with the market. The market will make its move, I will counter it; when I can't win, I take a step back and wait for the next opportunity. Over time, I've gained some insights and summarized seven key points that transformed me from a rookie, pressed down by the market, into a seasoned trader who can respond calmly.
1. Bet small to gain big. You must understand that the market has much more money than you; you can't confront it head-on, but you can seize a trending opportunity and take a big bite out of it. When you can't win, retreat decisively and take a small loss; when you can win, pursue relentlessly to maximize profits.
2. Only use fixed chips to test the waters. In every operation, I control the loss within a fixed range, which is my stop-loss cost. As long as the loss is manageable, my mindset can remain stable.
3. Only operate on explosive points. The main battlefield of the market often appears during periods of high volatility; only then is there a chance to catch a big trend. Trading in a choppy range? No, I won't touch it, because it's too exhausting and you can't make big money at all.
4. Focus on ambush. I generally do not take the initiative to attack but rather wait for the market to make its move first. The market's first step often reveals its intentions, and at that point, I can act accordingly to achieve twice the result with half the effort.