The market is not guessed, it's walked out.


People often ask Brother Cat whether it will go up or down tomorrow, and my answer is always: I don't know.
I don't guess the top, I don't test the bottom.
I only wait for the price to reach my key levels, wait for the candlestick to give a confirmation signal, then execute according to the rules.
Being friends with the market is what we should do.
My biggest gain over the years is learning to wait.
When the signal comes, I act; if I make a mistake, I cut losses; if I'm right, I hold.
It's not that I think it will fall, but my system tells me I can short here.
It's not that I think it will rise, but my system tells me I can go long here.
How the market moves is the market's business; how I respond is my business.
All I can do is clearly write down my rules and then follow them.
Move only at the line, do not move if not at the line.
Admit mistakes when wrong, don't be greedy when right.
If I don't understand, I wait; if I understand, I act.
This is my rhythm, imperfect but it has kept me alive.
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
Add a comment
Add a comment
No comments
  • Pinned