The essence of trading is waiting; spend 90% of your time waiting and 10% of your time trading.

Achieving great success in trading is akin to the birth of a general. A general does not casually issue commands to go into battle; opening a position without control in trading is like firing a gun without seeing the enemy, which not only wastes ammunition but also puts oneself in danger.

Do not trade without market movement; missing trading opportunities is normal, just capture a portion of them.

Waiting for trading opportunities is always a hundred times better than searching for them. Once you meet your profit target, stop trading; energy is limited. Stop-loss is your responsibility, profit comes from the market. Money is earned by waiting, not through frequent trading.

The mindset crumbles in the face of desire; trade strictly according to your plan, achieving the unity of knowledge and action.