I recently took a serious look at Teacher Aoying's trading posts @thankUcrypto again,整理了一下核心观点笔记, so that I can learn to trade more conveniently later. If you're interested, you can save it and take a look.

The biggest gain for me is that my ability to endure and feel the market is particularly good, and my reaction speed is very fast, which requires some talent. Also, good fortune has come my way, making it easy to take off. Wang Jing once said: If you have no luck, no matter how hard you work, it won’t help.

And then there's position management, which can be learned; this is the core of the core. If managed well, even a novice can make money in a trending market.

1. Imitate excellent traders: Connect with real traders, ask them about their analysis logic for placing orders, and gradually develop your own experience through losses.
2. Effort + Luck: Watching the market for 3-4 consecutive days without sleep, with good luck I continuously grasped AI + MEME + inscriptions for 24 years.

3. After experiencing repeated liquidations several times, I learned about capital management. At first, I couldn't overcome my human nature and kept withdrawing my stop-loss orders. It wasn't until I had lost almost everything that I was truly willing to change myself. If it's a trending market, hold on; if it's a range market, like the current fluctuating market, then just close the position. In fact, trading is very simple; it's not that difficult.

4. Order Logic: Basically abandon various indicators, relying on cognition to make big money.
Do not blindly believe in various technical indicators; each indicator is only suitable for specific market conditions. When you aim for a 90% accuracy rate by overlapping several indicators, it often leads to significant losses in heavy positions. Not being superstitious about indicators does not mean that indicators are useless.

5. How to improve cognition?
Continuously losing money as tuition, losing more money. After suffering enough losses, your understanding will naturally improve. Every pit you fall into is not in vain. Increasing positions with floating profits, investing in high-leverage altcoins, and not stopping losses will all lead to significant losses; these experiences can enhance your understanding.

6. How to determine if a coin is worth buying? How to establish the opening logic?
When I am dealing with small coins, low market cap altcoins, or some relatively niche mainstream coins, what I value most is the hype—whether there are hot events driving it, and whether it has enough appeal. It's completely different when it comes to Bitcoin and Ethereum. When I trade BTC and ETH, I basically operate according to the market trend. If I encounter a volatile market, I will observe key positions in conjunction with price action; sometimes I also refer to certain indicators, but they have very little impact on my decision-making. What truly influences my decisions is always my own comprehensive quality, such as my mindset and the trading environment at the time.

7. I will respond flexibly regarding buy and sell point take profit and stop loss.
For example, in a volatile range, you can use previous highs and new highs as take-profit and stop-loss points; you can also refer to the moving average resistance levels on the daily chart, such as MA30, MA120, etc.; or draw a trend line, and if it breaks, it indicates a stop-loss.

8. About position management and leverage.
Many people see that my trading position has a leverage of 10 times, but that's just surface data. Because I will extract a portion of funds in the market, the actual leverage is only 5 times. Moreover, I don't open a full position all at once, but build my position gradually, so the actual leverage in practice is about 4.5 times. Although what you see is 10 times and fully invested, I am very stable because there is still a large amount of accessible funds in my account.

9. Making funds roll does not depend on the leverage multiplier.
The key is to have accurate direction and clear logic, while avoiding major mistakes, such as going short against the trend or stubbornly holding onto a position. As long as you can avoid fatal errors and dare to compound your gains, it is possible to achieve breakthroughs. I recommend that the actual leverage should not exceed five times. What truly makes funds circulate is logic, strategy, and execution, rather than how high the leverage used is.

10. Counterintuitive Entry Points
Many times it is based on event-driven decisions or judgments made in certain specific environments. The key is one's own on-the-spot reaction ability. Can you identify the event at the first moment and quickly determine whether this event can affect the price trend in the coming days?
The first step is to maintain sensitivity to information; the second step is to watch more, practice more, and trade more. All of this relies on the accumulation of experience and cannot be summarized into any formula or system.

11. Suggestions for small capital retail investors to turn things around
First, do not trade on debt;
Second, participate more in the primary market;
Third, accumulate a certain amount of capital and knowledge before considering entering the futures market.