In the world of trading, understanding is crucial. Although many people have been working in the field of trading for 20 to 30 years, they still fail to understand its essence. Trading is as difficult as climbing to the sky, and its tortuous road is like the path of practicing Buddhism.

I also studied day and night for eight years before I finally realized something:

In 2016, I first got involved in the cryptocurrency circle. I thought it would be a natural thing to operate based on the experience of foreign exchange and the market, but I didn’t realize that the cryptocurrency circle has its unique fluctuation trajectory and characteristics, and I suffered losses.

From 2016 to 2020, I was deeply involved in the research of technical indicators and entanglement theory, and I went astray. I wasted two years in vain, trying to find the 100% certain opportunity, pursuing the lowest purchase and the highest sale, but the result was unsatisfactory!

In 2020, I began to contact trend theory and embarked on the right path. I learned the breakthrough trading method of "buy high and sell higher", but I went astray and tried to distinguish true and false breakthroughs and screen trading opportunities in order to improve the winning rate. This is the wrong direction.

In 2021, I realized that there is no need to distinguish true and false breakthroughs, give up looking for certainty and high winning rate, and just make a bold breakthrough as long as the profit and loss ratio is high.

In 2022, I practiced a lot of brainless breakthrough trading, both long and short, but ignored the general trend. As a result, false breakthroughs occurred frequently, making it difficult for me to stick to the breakthrough trading strategy.

In 2023, I realized the epiphany of "unity of knowledge and action". The secret lies in position control, light position operation, keeping calm about losses, daring to act, and daring to hold floating profit orders, but at this time I have not yet realized the importance of the general trend.

In 2024, I completely realized the importance of the general trend, became a general trend cycle trader, and was promoted to a long-term trend trader. I no longer blindly trade long or short, but first determine the general trend, only go long in a bull market and only go short in a bear market, firmly moving in one direction, and holding long-term positions for a few months to a few years.

The above is my trading enlightenment journey, to be continued...