Recently, I was caught off guard by economic data. The fluctuations in CPI directly wiped out the profits accumulated over this period, and the retracement was quite significant, making it one of the worst recently. To be honest, after this experience, I better understand the power of position management — I have always insisted on using small positions to compound, so there is room for error.

Observing the trend over the past two days, I feel that the rally may have already peaked. The closer to the peak, the more cautious one should be; the market is most likely to change direction at this time. My recent strategy has also been adjusted, mainly by shorting on rallies and waiting for opportunities. Being cautious is never wrong.