LuyaoTrader

One general’s success is built on the bones of ten thousand.
May you be that general, not one of those bones...

Xiao He made me; Xiao He unmade me...
Path dependence really is a terrible problem
I've never been able to let go...
But now, I need to give up on a technical indicator based on a certain moving average for good
It once brought me outsized returns
But the market conditions it requires are far too demanding
It needs not only a long runway and deep compounding potential
But also extreme focus and patience...
And as the market keeps changing
Its effectiveness is now less than 20% of what it once was...
These past few years, it's made me question everything...
The market has changed, but I haven't

The only certainty in the financial world is uncertainty itself.
The only thing traders can do with certainty is set stop-losses.
Mr. Market is also showing its risk aversion right now.
This AI-driven market correction
has not only unwound some of the earlier crazy gains, but is also easing the current risks surrounding the U.S. midterm elections.
But I believe that once the dust settles,
the opportunity will come.
I plan to get ready to buy the dip, in installments!
That said, different markets have different temperaments.
A-shares have their own characteristics, and U.S. stocks are no differ

Besides Bitcoin and crude oil
Why does it always feel like
assets around the world are facing a liquidity crisis?
Gold and silver, US tech stocks, Myanmar A-share semiconductor chips...
Those with money are sitting on the sidelines, hoping prices go lower
Those without money are watching, because they have no cash to add to their positions
Those stuck holding are wailing and accusing everyone of robbery
And those scared out of their wits are still preparing to cut their losses and stop out...
Could something big be coming next Monday?
🙃🙃🙃🙃🙃

Heh.
I'll just quietly watch like this 👀👀👀👀👀

I am transitioning from the habitual mindset and trading system of a trend trader to those of a swing trader...
I am also trying hard to make this transition
Looking across the global financial markets as a whole
It seems that only investing regularly or buying and holding the Nasdaq, S&P, gold, and Bitcoin with enough capital offers sufficient certainty and expected returns
For most people, neither time nor capital is on their side
They can only try to make outsized gains in a relatively short time by using leverage or taking advantage of high volatility~
If you don't have a natural talent fo

In the end
you'll find
that in Myanmar A
your biggest counterparty
is the national team...

The market is always right.
Money flows from those with restless minds to those with calm minds.
Only with a calm mind can one go far.

When your abilities cannot support your ambitions,
managing desire is the most fundamental lesson for a trader!

Running 10 kilometers may add 40 minutes to your lifespan
But running 10 kilometers takes you 80 minutes
But you need to understand
The 30 minutes you gain are for when you're old
But the 80 minutes you spend are from your youth right now
So by the same logic
Staying up late may shorten your lifespan
But while you're staying up late
You've already enjoyed more time than those who don't stay up late
You're simply trading the time you'll spend lying around bored when you're old for happy time while you're young
That's life
Rather than lying in a hospital bed counting the days when you're old
You

The best hype narrative
ensnares the most faithful believers
If you take it seriously, you've already lost🙃🙃🙃