The highest realm of trading - trading is life

 
Admire the wisdom of our ancestors. The twelve words of the 'Tao Te Ching' can summarize all transactions. Let me share my humble 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 upright your own outlook on life and values, and take the right path regardless of wealth or status. The greater the ability, the greater the responsibility. Do good and do not do evil, benefit others before benefiting oneself.
 
Positioning: Understanding the major development trends that are not influenced by individuals and following the trend. Going with the trend can achieve twice the result with half the effort, while going against the trend will result in double the effort and empty profits. This crazy bull market has created a group of trend traders, including some fat otakus. Even if our understanding cannot reach the heights of these 'wave riders', we must at least know not to short or short less when bearish, and not to go against the major trend. This is the 'main trend', and under the 'main trend' there are countless 'minor trends'. The dynamic on February 7th, 'Super Short Lecture 1: Pendulum Theory', talks about how to seize each 'minor trend'. Furthermore, if BTC is the 'main trend' and other currencies are the 'minor trends', the little brother follows the big brother's lead. And if you find a little brother going against the big brother's 'trend', follow him, there will definitely be a big move afterwards. The dynamic on February 9th is a typical trend of FIL.
 
Mingdao: Formulate your own unique trading model and adhere to strict trading discipline. Stay calm and composed without fluctuation. Implement strict position management, perform risk control, and take profitstop loss in a timely manner. And here's an additional one for ultra-short trading: sleep well with Short Position overnight.

Optimization: continuously improve methods, optimize skills, and accumulate experience suitable for oneself. There are different methods and experiences in all 360 trades, having a skill at hand will not panic. My ultra-short 'technique' is niche, only focusing on price movements. When doing ultra-short trades, any technical indicator has lag and incompleteness. All market sentiments are most directly reflected in prices, with fewer references leading to quicker reactions. Look for entry and exit points in the speed and acceleration of price changes.
Hezhong: Share cognition, promote each other, and improve together. Cognitive improvement often comes from outside the transaction, not within the transaction.

Practice: No matter how good the theory and method are, if they have not been practiced by oneself, they will always belong to others. It is crucial to not be a bystander, but to actively participate.