Today is the 432nd day since I started writing posts dynamically, and I haven't missed a single day. Each post is not done perfunctorily, but is carefully prepared. If you think I am a serious person, you can follow me, and I hope the content every day can help you. The world is big, and I am small, so please follow me to avoid difficulties in finding.

Most people come to the market feeling lost, lacking the most fundamental insights about the market, and their understanding of trading is just a superficial aspect. The master says: cut losses and let profits run. Right? Yeah! But when it comes to you, it might just be all about cutting losses, with no profits running! The master says: pyramid adding positions. Right? Yeah! But when it comes to you, you end up losing it all. The master says: time is the rose of compound interest. Right? Yeah! But you might hold for ten years without any gains, even losing. The master says: go with the trend. Right? Yeah! But as soon as you get involved, it seems the market is watching you, and it reverses. The master says, we need to make high odds trades, don’t be afraid to cut losses, be brave in cutting losses, and even learn to love cutting losses.
Damn it, it's all messed up, and now I have to fall in love with stop-loss, making me hesitant to place orders... All of this actually reflects the superficial or indirect understanding of the market by beginner traders, as trading lacks foundation.

So, what is the fundamental understanding of trading? Setting aside all the correct, incorrect, or popular opinions, ask yourself, what is trading? Bartering is trading, right? Trading is a process of giving and taking. If you give a lot and get little, that's a loss; if you give little and get a lot, that's a profit. A skilled trader must be someone who gives little to gain a lot. By continuously accumulating wealth through multiple small sacrifices for large gains, this approach will also foster a very good mindset, and losing won't matter much.

A good trading system must be built on risk control, improving the win rate along the direction of odds. You need to think about the distribution of high odds opportunities within the price structure, and which positions are more likely to trigger high odds opportunities. You must consider how to acquire trading chips for high odds opportunities at a low cost, and at what timing your win rate will be relatively high. With a good system, you also need to execute. Therefore, I believe that a good trading system can smooth out emotional fluctuations.

Dear ones, today I will be attending a meeting in Ningbo, which is the Klickl Group's NYSE bell-ringing market bullish release conference. The venue this time is romantic yet solemn, let me share it with you all.