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Preserve the principal first, then discuss the attack!
The consecutive drawdown has reached 3.8%. On Monday, another cut would bring it to the 5% warning line. After analyzing the reasons for the decline, including [Tao Gu Ba]:
Total losses from Sobo and halfway through: 5,300 + 5,000 + 3,000 + 2,700 + 2,700 + 1,200 + 1,100 + 1,000 + 900 + 900 + 500 + 400 - 400 = 24,300.
24,300 ÷ 650,000 = 0.0373 (3.8%)
Based on rough calculations, recent losses from Sobo and halfway through have reached a full position of 3.8%. It’s like using a dull knife to cut meat—better to honestly focus on what you’re good at and stick to your strengths!
There was also a one-word decline during the tide retreat period, losing 9,400 (which translates to a full position of 1.5%). On Monday, I will continue to cut about 1% of the full position.
From data review, it’s clear that recent market conditions do not favor half-measures, board sweeping, or one-word top boards!!! We must learn from these lessons, stay true to our original intentions, and keep pushing forward!