Patience is the most basic quality of a trader
If you are currently losing money, or have experienced losses in the past, you can check your trading records. Most of the losing trades were made impulsively, and if given another chance, you might not even find a reason to enter the trade.
Although there have been warnings in the past few days that there are obstacles to the upward movement at this point, it has also been repeatedly emphasized that one must wait for a break below the lifeline before entering the market. It is not too late to enter after the trend is established. As of now, the 4H lifeline has not been broken, and there are no conditions for a short position.
Yiming typically does not open many positions, but he adheres to one principle in trend judgement: the lifeline system (bare K). Over the years, I have not seen any method that can provide such a clear and definite standard for trend judgement as the lifeline.
Patience is the most basic quality of a trader.
