If expressed through the book *Reminiscences of a Stock Operator*, I can say that most of my current trading principles are almost entirely derived from this book. It has had a huge impact on me. There are a few sentences that everyone might be familiar with, such as:

First, "The market will always move in the direction of the least resistance."

Second, "You need to know that this is a bull market." This means that during a bull market, you should trust that the trend has formed and believe that the market will carry you to earn excess returns.

Third, and also crucial, is "Never trade against the trend." The root cause of many people's losses lies here: they always want to trade both sides, wanting to catch both the long and short moves. But the result is often getting hit from both ends.