No one can accurately predict the market trends; true trading lies in making a solid judgment based on one's own fundamental analysis and formulating a trading plan that has high execution capability and strong fault tolerance.
In a trading plan, the proportion of subjective judgment should be minimized, while the practicality of plan execution (such as position management, take profit and stop loss, etc.) should be given more weight.
The size of the position should match the trading level: when engaging in higher-level trading, the position can be increased appropriately; when trading at a lower level, the position should be more cautious.
For beginners or those who have not yet achieved substantial returns in the market, it is advisable to choose higher-level trades, as they are more certain, while lower-level trades come with higher uncertainty.
Trading is a process of continuous refinement, and one should frequently review and backtest each operation. Try to avoid making the same mistakes repeatedly and practice more. When you can identify and avoid mistakes you have made before, it indicates that you have overcome human weaknesses through practice and are continuously improving.
Short-term speculation and minor skirmishes are ultimately fleeting; only solid trading is a lasting and robust path.
