October, fraught with peril, has passed, and luck has been relatively good. The SOXS trade at the beginning of the month resulted in a very good profit-taking opportunity mid-month, and the subsequent bottom-fishing also ended at a suitable time. However, to say this month was exceptionally good is inaccurate, as most of the year's gains in the A-share market were wiped out, and the principal was even lost. Secondly, although most of the trades this month were profitable, it was actually a very difficult situation. Even the final top-selling attempt, which I decided to make around 2 AM and subscribed to, was followed by a sharp drop after 4 AM, which many in the group missed and couldn't avoid. I attempted to bottom-fish in gold, but both were stopped out, as was my attempt to bottom-fish in IREn, and my short position in crude oil was also stopped out. This month has seen the most stop-losses this year. No one expects a bear market. Even with the option of shorting, I believe a bear market is bad for everyone. Looking back on many years of investing, even with times when I avoided losses and made money shorting, the long-tail effect of a bear market harms everyone's interests. Therefore, while I believe there is uncertainty about the future, and there may even be a two- to three-year downturn starting now, I remain optimistic and believe we can make money from local market trends.