Daily Insights - Trading Edition - No.0009

[On Wu Wei and Governance]

Winning the trophy, receiving rewards, and gaining recognition are events that bring joy and satisfaction, and they are the greatest pursuits of people in the world.

The time for peaks and applause is not long-lasting; at the moment it stops, we need various methods to preserve this beautiful memory.

Speaking of trading, after we gain profits, the way we manage our short-term hands and then stabilize our long-term positions becomes particularly important. At the very least, the importance of preserving the fruits of victory and building up over time is truly paramount in my view.

My method is to set aside 70% of the profits for dual currency wealth management to avoid the foolish outcome of the initial luck leading to a fruitless effort due to subsequent path dependence caused by continuous short-term trading.

How do we accumulate long-term positions? To be continued.

Recorded after the epic market-wide liquidation of hundreds of billions of dollars on 20251011.