Regarding Human NatureAbout risk control 1. The market has only one direction, not long or short, but the right direction to go. 2. There is only one thing that can make me admit my mistake, and that is to lose money. Similarly, only making money can prove that I am correct. 3. To make money in speculation, one must buy and sell commodities or stocks that have shown profits from the beginning. Those things that show a floating loss after buying or selling indicate that you are making a mistake. Generally, if there is still no improvement within three days, sell them immediately. 4. I won't argue with the market. Because the market surprises you or even goes against your logic, making you angry is like blaming your lungs for pneumonia. 5. Never spread the losses evenly, always remember this principle firmly. 6. Always pay attention to potential danger signals. 7. There is nothing better than becoming nothing to let you know what not to do. When you understand what you shouldn't do to avoid losing money, you have already started learning how to make money. 8. A definite loss won't bother me, but if I fail to cut losses in a timely manner, it will truly harm my wealth and spirit. 9. When I see a danger signal, I don't argue with it, I dodge! In a few days, if everything looks good, I will come back. This way, I will save a lot of trouble and also save a lot of money. Regarding Strategy 1. Care about doing things right, not about making money. 2. The wealth flow of traders who pursue occasional sudden wealth is towards those who pursue long-term small profits. 3. Frequent trading is a losing game and will not achieve great success. 4. In this game, experience is the real source of stable dividends, and observation is the real source of reliable information. 5. If you want to play this game, you must believe in yourself and trust your own judgment. 6. My gameplay is to predict what is about to happen from a broad perspective. 7. Ignoring the overall trend and being fixated on small fluctuations in stocks is fatal, as no one can capture all the fluctuations. The secret of this industry lies in buying stocks during a bull market, sitting still until you believe the bull market is coming to an end. 8. Before entering a trade, the most important thing is whether the minimum resistance line is aligned with your direction. 9. People who can make correct judgments while also being able to sit still are very rare. I find this to be one of the most difficult things to learn. Only by firmly mastering this skill can a stock trader make a lot of money. 10. After the price enters a clear trend, it will automatically run along a specific path that runs through its entire trend. 11. As long as you recognize where the trend is emerging and follow it to steer your speculative boat, you can benefit from it. Don't argue with the market, and most importantly, don't compete with the market. 12. My experience is that if I don't start trading near the beginning of a trend, I will never make much profit from that trend. 13. The stock price has risen from $10 to $50. Don't rush to sell, think about whether there are any further reasons to push it up from $50 to $150. Regarding timing selection 1. Excellent speculators are always waiting, always patient, waiting for the market to confirm their judgments. Remember not to fully trust your judgment until the market's performance confirms your opinion. 2. Buying at the right time is more important than buying as cheaply as possible. 3. Remember this: when you're doing nothing, those speculators who feel like they have to buy and sell every day are laying the foundation for your next speculation, and you'll find opportunities for profit from their mistakes. 4. The key to making big money is not how I think, but how I can sit still, sit still, understand? In the stock industry, there are very few people who can buy the right thing and sit still. I find this to be the most difficult thing to learn. 5. Before you buy or sell, you must carefully study and confirm whether it is the best time for you to enter the market. Only in this way can you ensure that your position is the correct one. 6. Whenever I lose patience and enter for a small profit without waiting for the key price to be broken, the ultimate result is a loss of money. 7. Just predict the market psychologically, but never act rashly. Wait until you receive confirmation from the market that your judgment is correct. At that time, and only then, can you use your money to conduct transactions. Brothers, we are preparing to invest in the private board of directors. OKX exclusive investment link: https://www. (okx.com)/zh-hans/join/7484094 OKX