Taoist's First True Classic "Yin Fu Jing" and My Investment Insights

(Original, recommended for collection, in-depth repeated reading)
👉🏼When I share trading systems, what should be emphasized most is the cycle.
Systems have tangible and intangible aspects: different sectors, macro environment, technical analysis, position management... these are all "tangible" systems. But the alternation of cycles is an "intangible" force that is constantly in dynamic operation.
Because cycle changes are extremely slow, many people gradually become numb and dulled in a one-sided trend, such as firmly believing that the inertia of an upward trend will last forever, unaware that the chilling fall 📉 has quietly approached like boiling a frog in warm water.
This is the most terrifying, and also the fundamental reason why the vast majority are trapped at high positions and cut losses at low positions— they lack a cycle perspective.
👉🏼I love repeatedly studying the Taoist first true classic—the "Yin Fu Jing" written by the ancient Yellow Emperor.
The "Tao Te Ching" has been revered as a sacred text, but the "Yin Fu Jing" is more advanced, direct, and sharp; it points straight to the underlying code of system operation. The entire book is only over three hundred words, yet each word is a gem. Many annotations through history are in classical Chinese, requiring understanding of ancient Chinese to grasp its deep meaning.
Yin: refers to invisible, intangible, underlying controlling forces;
Fu: refers to conformity, alignment, operation.
The meaning of the title "Yin Fu Jing" is precisely that the intangible leads the tangible.
👉🏼And "change" is the essence of everything.
Once you understand this, you also understand the relationship between cycles and macroeconomics: cycles manifest through macro.
You can see leaves turning yellow in patches, indicating that autumn has arrived; but you cannot say that the yellowing leaves dominate the season. Just like the sunrise is not because the rooster crows.
In cycles, the large cycle always dominates the small cycle.
The same applies in technical analysis: the larger level must dominate the smaller level. If you only focus on the small level and ignore the large level, market discipline will repeatedly teach you this over time.
The core function of technical analysis is to help us determine which position in the cycle we are currently in, that is, to judge the stage of trend development.
Someone might ask: Can't macroeconomics determine the cycle position?
The answer is: No, and this has been repeatedly validated by history. For example, when the US-Iran situation escalated this year, gold "should have fallen but didn't," which is a typical example.
Additionally, there is one point that causes countless traders to repeatedly stumble: lack of patience.
Cycle changes are inherently slow, and those without patience will ultimately hand their funds over to those with patience.
👉🏼Key words: cycle perspective + patience
These two points are the essential reasons that widen the long-term gap between investors.
If you have no cycle pattern in your mind, your investment is like stepping on a watermelon peel—sliding wherever you go:
Money earned in an upward trend, if you don’t know how to lock in profits and rest, is very likely to be swept away in the next downward trend during position switching, being "harvested" by a new round of hot spots.
👉🏼I believe that experienced market participants like you must have deep insights 🫵