Kabi Trading Notes

1. The "Secret" of Trading Masters: Repeating Simple Things

Trading masters are not wielding some undisclosed "nuclear weapon," but rather doing the same simple thing repeatedly for ten years, ten thousand times, like an "emotionless vending machine," ensuring consistency in every trading action.

2. The Logic of Profit: Hold When Making Money, Run When Losing

From a mathematical probability perspective, the chances of making or losing in a single trade are roughly equal, and after accounting for spreads and fees, the win rate is even less than half. The key to profitability is "holding onto winning trades and cutting losses quickly."

3. The Essence of Trends and Trading Misconceptions

A trend is a "snowball" of market group sentiment, but "discovering a trend" and "benefiting from a trend" are two different things. Many people see the trend correctly but trade incorrectly, like "seeing 100 yuan on the ground and picking it up, only to get hit by a car."

4. Choosing a Trading Style: Cheetah vs Wolf Pack

- Cheetah: Relies on intuition and subjective judgment, trades aggressively, but requires extreme patience, like "lurking for 3 days, exploding in 3 seconds."
- Wolf Pack: Relies on rules and quantitative models, independent of emotional state, but must endure boredom, surviving through repeated small wins.
Identify which type you are first, then learn the corresponding methods; otherwise, it's just "cosplay."

5. The "Counter-Human Nature" Understanding of Trading

- The realm is "lost to gain," not "gained through insight"; true understanding is being painfully aware of losses deep in your bones.
- Admit your mediocrity and accept that your trading system may fail temporarily, to achieve long-term profitability. Many people can't accept losses and frequently switch systems, ultimately going in circles.
- How much you ultimately earn depends on capital and risk tolerance, but more importantly, on "controlling the unlosable and grabbing the winnable."

6. Core Advice

Knowing yourself is more useful than learning ten thousand techniques. Trading is not about pursuing a "sure-win method," but about finding a stable pattern that suits you through repetition and persistence.