The development of a trading system. If everyone can’t find a suitable trading system, then you can do risk control first. If I have to recommend some books, you can check out Bozhi’s “Beat the Market Makers: Complete Strategies for Winning at the Casino.”


Or everyone can review their own trading records. Actually, I found a very serious problem. It’s not that your trading success rate isn’t good. It’s that you encounter a huge wave of losses that you can’t recover from—your mindset explodes—and then trading with a heavy position blows through your liquidation level, wiping you out.
I sometimes often think: in fact, anyone can place orders freely—no matter whether you’re going long or short. Because the market… we really can’t predict the future rise or fall. There’s a 50-50 chance of success. So going back to the starting point—if there’s a 50-50 chance of success, then as long as your profit is greater than your loss, wouldn’t you generate profit in the long run?
So personally, I believe that when it comes to trading, it’s not about learning some super-elite trading strategy or technical analysis first. It’s about getting risk control right first, and then later learning a trading strategy that fits you. The core of a trading strategy is just one thing: we trade based on probability. Using this probability to make money is the key.
Once you have a trading strategy, you can think in advance—before entering—what my entry price is. If the subsequent market matches your expectations, then what kind of situation should you add to your position, and in what situation should you exit. If the situation is different from your expectations, then where exactly should you place your stop-loss.
It’s just repeating simple things. Doing repetitive things with care is all that matters.
If no one is watching the livestream, then go post something on the platform’s Square/Community Square. If you have any questions, come to my livestream room. The replies I give you there will be more direct. Thank you all. 😀
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