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. As an opening remark, I will share some of my personal 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 walk the right path regardless of wealth or status. With great power comes great responsibility. Do good deeds, prioritize benefiting others over self-interest.
 
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, while going against the trend will result in double the effort with empty pockets. This violent bull market has created a group of trend traders, including fat otaku. Even if our understanding cannot reach the heights of these 'wave riders,' we must at least know that being bearish does not mean shorting or shorting less, and not going against the major trend. This is the 'major trend,' under which there are countless 'minor trends.' On February 7th, the first session of the 'Super Short Classroom: Pendulum Theory' discussed how to seize every 'minor trend.' Furthermore, if BTC is the 'major trend,' other currencies are the 'minor trends,' so the younger brother follows the older brother's lead. And if you find a younger brother going against the older brother's 'momentum,' follow him, there will definitely be a big move afterwards. The trend of FIL on February 9th is a typical example.
 
Mingdao: Form your own unique trading model, strict trading discipline. Inner calm, come and go freely. Strict position management, risk control, timely profit taking and stop loss, plus one more thing: sleep well overnight in an empty position.

Optimization: continuously improve methods, optimize skills, and accumulate experiences suitable for oneself. There are different methods and experiences in all walks of life, and having a skill at hand will prevent panic. My ultra-short 'technique' is niche, focusing only on price movements. In ultra-short trading, all technical indicators have lag and incompleteness. All market sentiments are most directly reflected in prices. With fewer references, reactions are faster, seeking entry and exit points in the speed and acceleration of price changes.

Hezhong: Sharing cognition, promoting each other, and improving together. Cognitive improvement often comes from beyond the transaction, not within the transaction. Along the way to now, encountering many bottlenecks and obstacles, we have received support and guidance from many mentors such as 'Lobster Sister,' 'Sauerkraut Sister,' 'Old Hunter,' 'Lu Yao,' etc. Grateful for the encounters, grateful for sharing.

Practice: No matter how good the theory and method are, if they have not been practiced by oneself, they will always be just someone else's. Being a participant, not a bystander, is the key.