Ming Ge, can you talk more about the selling points at the entry point? Why can't we hold on?

Regarding entry points, there are three key factors.

1: There must be a unified standard, whether it's a fixed take profit or a dynamic take profit following the trend. Only with a standard can execution be done properly.

2: You need to have confidence in your exit standards. For example, I have a fixed take profit of 3:1; when it reaches that level, I close the position. I have backtested this method, and it can definitely make money. Orders either take profit or stop loss, no hesitation. With this kind of confidence, it is possible to hold on.

3: Let go of obsessions. Any take profit method has its pros and cons. Fixed take profit may not capture large movements; following the trend for profit can lead to significant profit retracement, and in a volatile market, the profits can be minimal. Do not demand a perfect exit method; do not fantasize about being able to sell at the best position every time. Perfectionism is not advisable.