General Direction of the Cycle:
① Always look at the larger cycle for trading, mainly using weekly and monthly charts to determine direction;
② Stick to right-side trading; if the larger cycle is a bull market, only go long; if the larger cycle is a bear market, only go short;
③ Control your trading frequency, with a maximum of about 10 trades a year;
④ Money can’t be earned endlessly but can be completely lost; always set a stop-loss point in advance for each trade;
⑤ Capital management is very important; only use 10% of your funds for contracts, with 90% focused on spot trading;
Patience, patience, patience; give up the idea of making all the money, wait for opportunities, and strike big when the moment is right.
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