In the market, aside from trading ability itself, the most important thing should be recognizing people.

1. The vast majority of people with ulterior motives disguise themselves as fellow traders to gain your trust. Even those who stab you in the back are often this type of person.

2. If a person is frequently deceived, they are either a complete novice or involved in some risky business. Most people learn from their mistakes and won’t be fooled a second time. If you see someone repeatedly getting scammed, don’t rush to feel sorry for them; they might be secretly engaging in private acceptance or similar financial transactions, rather than being an ordinary trader.

3. As long as the person you know has a history of deceitful behavior, do not trust them to turn over a new leaf. This can solve 99% of problems.

4. Stay away from those who insist on getting close to you; for example, I once encountered someone who seemed to follow me wherever I went. What happened? This person deceived others by claiming I was helping him with asset management, using that opportunity to swindle others out of their money. Wherever my IP was, he would really show up in that city and post on social media, misleading people into thinking he was trading with me. (But I never invited anyone; even my assistant is my brother.)

5. Avoid those who create personas. If you are still struggling during your trading bottleneck and someone you don’t know is actively flaunting their wealth in the retail trader community, showing off luxury cars, mansions, and high-end watches on social media every day, just stay away. Such people won’t be active in your current exchange circle; they are definitely there to exploit you.

There’s too much to talk about. It’s endless.

The most critical thing is to find genuinely sincere friends; this is indeed the hardest part. If you encounter such a friend, cherish them well. Regardless of whether they gain or lose, if they generously acknowledge it to you, you can share experiences and grow together.