Today’s Review and Reflection

1. Market opportunities keep coming one after another. Wealth can’t be earned all at once—frequent mistakes can quickly hollow out your principal. Stick to the bottom line: it’s better to stay in cash and wait than to blindly open positions.

2. Trading should follow the trend above all. No matter how tempting a counter-trend market looks, don’t enter with any wishful thinking.

3. Opportunities are what you wait for, not what you go looking for. Get rid of the bad habit of forcing trades based on subjective judgment. Wait patiently until the market triggers your own trading system, then make your move.

4. Stay within the boundaries of your ability. Only trade setups within your own understanding and your trading framework. If the price action is unclear and you can’t make sense of it, just give up.

5. Risk control comes first; principal is king. The market will loop and cycle again and again. Don’t recklessly burn through your funds—so when high-quality opportunities arrive, you still have money on hand to arrange your positioning.