Today's sharing: What I learned from losing trades is that trading must be based on one principle: the 80/20 rule. I previously shared this principle on social media; it can actually be applied anywhere. The meaning of this principle is that the 20% of things you do are enough to provide you with the majority, which is 80% of your results. For example, from the perspective of a workplace, if you have ten employees, only a few of them may work very hard and diligently. Therefore, these few employees contribute to most of the company's growth. You will find that this concept applies everywhere, including financial trading. If you look back at past trades, you will find that these few profitable trades account for the majority of the current profits. So, from this 80/20 rule, it can help us distinguish between high-quality and low-quality trades. We should focus on those high-quality trades that can provide us with most of the profits and avoid getting involved in low-quality ones, even though low-quality trades appear very frequently and make it easy for you to get involved. However, you should not have a lucky mindset thinking that getting involved in these low-quality trades will lead to profits; this can severely impact your decision-making and ultimately lead to unstable profits or even losses over the long term. Therefore, high-quality trades occur very rarely, yet they can maximize your trading profits and performance. In summary, we should be patient in waiting for these high-quality trades to appear and then, like a sniper, take them out. Sharing practical knowledge consistently, let's not get lost in the details.