【Trading Awareness Course, A Brief Discussion on Support and Resistance (A Must-Read for Retail Investors)】

Most investors naively believe that support and resistance are specific levels, but the reality is that support and resistance levels are determined by market conditions and not fixed positions! Using areas to express them is more appropriate; because the upper and lower shadows will always fluctuate and interfere with your judgment. Of course, support and resistance can only be used as a reference; if faced with false breaks, traps for longs or shorts, using support and resistance can lead to account devastation.

【Trading Reflection: If we can't learn to analyze and address the mistakes in trading, we will only drift further away from success】

Clearly knowing that in the bull-bear game, it's foolish to pick fruit on the cliffs when there's ripe fruit on flat ground, this has been a real issue for me over the years, and Old Li boldly admits it too. Therefore, I believe everyone faces this problem, as the temptation to profit is greater than the potential risks for people like us. We are driven more by greed than by fear!

We have learned to fundamentally understand the future trends of the market, to predict, and to look ahead. Thus, we fear losing our “potential profits” more than losing our existing profits. This is a fatal emotional weakness for traders; overcome this, and you will succeed!

【A Brief Discussion on Trading】

Why do you seem to only make one or two trades a day, or sometimes no trades at all?

What I want to say is that every trader must have a complete trading system

and strict trading discipline; these must be the foundation for surviving in this market over the long term.

If trading has no goals, frequent and aimless trades can easily fall into the trap of chasing highs and cutting losses.

Just follow the trend, strictly execute the trading strategies from Yao Ge's community, and I believe my followers can grasp substantial profits in this market!

【Talk About Trading】

You can never achieve returns beyond your cognitive range unless you rely on luck; however, profits gained by luck will ultimately be lost through skill, which is inevitable!

Yao Ge strongly agrees with this statement; Yao Ge only trades when he has confidence in the market.

In trading, one must always be cautious; it is better to miss opportunities than to take risks, because you cannot predict which risk will bury all your previous efforts!