The highest realm of trading - trading is life

 
Admiring the wisdom of our ancestors, the twelve words of the 'Tao Te Ching' can summarize all transactions. To contribute a humble opinion, let's talk about my shallow understanding.
 
Integrity: Personal sense of achievement or definition of success is not bestowed by anyone else, nor can it be taken away by anyone else. Set your own outlook on life and values straight, and always take the right path regardless of wealth or status. With great power comes great responsibility. Do good instead of evil, and benefit others before benefiting oneself.
 
Seizing the momentum: not being influenced by individuals, understanding the major development trends, and following the trend. Going with the trend will yield twice the result with half the effort, going against the trend will result in double the effort with no financial gain. This violent bull market has created a group of trend traders. Even if our understanding cannot reach the level of these 'wave riders,' we must know that being bearish doesn't mean shorting or shorting less, and not going against the major trend. This is the 'big trend,' under which there are countless 'small trends.' The dynamic 'Super Short Classroom Lecture 1: Pendulum Theory' on February 7 discusses how to seize each 'small trend.' Furthermore, if BTC is the 'big trend,' other currencies are the 'small trends,' so the younger ones follow the elders. And if you find a younger one going against the elder's 'momentum,' follow them, as there will definitely be a big move afterwards. The dynamic trend of FIL on February 9 is a classic example.
 
Mingdao: Formulate your own unique trading model, strict trading discipline. Keep a calm mind, advance and retreat freely. Strict position management, do risk control well, take profit and stop loss in time, and one more thing for ultra-short-term trading: sleeping well without overnight positions.
Excellent: It is constantly improving methods, optimizing skills, and accumulating experience suitable for oneself. There are different methods and experiences in all 360 professions, and having a skill at hand will not panic. My ultra-short 'technique' is niche, only focusing on price movements. In ultra-short trading, all technical indicators have lag and incompleteness. All market emotions are most directly reflected in prices, and the fewer references, the quicker the reaction. Look for entry and exit points in the speed and acceleration of price changes.
He zhong: Share cognition, promote each other, and improve together. Cognitive improvement often comes from outside the transaction, not within the transaction. Along the way, encountering many bottlenecks and obstacles, receiving support and guidance from many mentors such as 'Lobster Sister,' 'Sauerkraut Sister,' 'Old Hunter,' 'Lu Yao,' and others. Grateful for the encounter, grateful for sharing.
Practice: No matter how good the theory and method are, if they are not practiced by oneself, they will always be just someone else's. It is key to not be a bystander and actively participate. #百万美金FORM空投开启# #HODLer Airdrop 上线# #最近关注的新币#