Today, Lao Wang returned to Shanghai. Xiao Yu also hasn’t been to the office these days for now. I have more of my own time to analyze and trade. Lao Wang’s cognition is very strong—he’s a stock big shot. Because he doesn’t let me talk about his situation, I won’t include it in this article. Great people are usually very low-key. Trading with Lao Wang clearly shows that “having the right cognition” and “executing the right operations” are two different concepts. After 1000 USDT of practice, overall profit was 0.5%, and you should be able to learn from it. The target is spot BTC.

Xiao Yu has contract trading experience. I told her, don’t open shorts—take it step by step. First do longs; in spot, it’s all long, make the spot long work well. When you buy spot and it goes up, you can sell in batches during the rise, but the batch-sell levels are not necessarily short levels. So many people who short end up easily.

Today she showed me three practice trades; they were all pretty good—1 loss and 2 wins.

Our practice uses 1-minute timeframes. I’ll do it with them; my position size is just larger. Tonight, Sun Peng said he wants to come over, and I’ll take him through the practice. If I have time, I’ll also go live, doing the practice with community members who are willing to learn together. Practice isn’t about making money from leading trades—it’s about applying what you’ve learned to real trading, and during the practice process, finding the trading system and buy/sell points that suit you, as well as a reasonable strategy. Only by practicing continuously can you truly understand the theoretical knowledge I’ve been talking about.