Many books about trading and those god-level traders rarely talk about specific trading techniques when discussing trading, but talk more about mentality and operation.

It's not that they are secretive, but because technology is really not important. Even many technical analysis courses are free on the entire network.

However, operation - the key to profitable trading, is ignored by many people.

1. Entry position and entry logic

2. Exit position and exit logic (including stop profit and stop loss)

3. Global and single risk management (including position size, leverage, hedging & hedging methods, position holding time limit, on-site and off-site fund allocation, personal circuit breaker mechanism, etc.)

This part is much more complicated than technical analysis, because technical analysis is unified and can be copied. People who study charts use chart analysis; people who study waves use wave analysis. But the details of the operation are completely customized, and because only you know yourself best, this requires a lot of replay + real-time accumulation, and you can customize it for yourself.

But many people learn about waves today and think that waves are not profitable, and then learn about SMC, charts, harmonics, etc. tomorrow. In the end, you will find that you have drawn a lot of pictures, but you still lose money like a dog.

The purpose of technical analysis is to make trading simple and easy to understand, not more complicated and obscure.