Share some of my trading insights.
Why have I been able to maintain profitability? My trading strategy is very simple and clear: I make small profits and small losses on a daily basis, waiting for a definitive opportunity to make a big profit. Overall, I am always making money; it’s just a matter of how much. For an average person, a profit of 20,000 a month is enough to live on, while I feel very satisfied with over 100,000 each month. I treat trading like a job and the market like an elder, following the trend and not going against it. I have a very clear understanding of my position; what I want is not great wealth or overnight riches from trading, but stable monthly profits. At the very least, I don’t want to feel powerless in my daily life. A bit more return will come with a bit more risk. How to allocate positions is certainly better with more capital. Many people say they don’t have that much capital; what I want to say is that the core of trading is using small capital to leverage a bigger game. It’s about whether you can understand and grasp the key points of this game. You can start trading with very little capital, even as low as 1,000 USD. In 3 to 5 months, you can accumulate enough. If you don’t know how to trade, even if you are given 100,000 USD, it can be lost overnight. The overall idea is simple, but it tests human greed. Most people cannot control themselves; with larger capital, they lose control, and with smaller capital, they look down on this and that, doomed to achieve nothing. We may not need an iron rice bowl, but we must learn to trade.