2025.4.25 Lao Jiu's Hundredfold Trading Review

Goal: With a capital of $100 to earn $10,000, currently at $117

The trading discipline goal is to not exceed 3 trades per day, and the loss ratio should not exceed 5%.

Today's number of trades: 8, profit and loss situation: -6.4%.

I have been shorting for the past two days, and it's hard to see the upward trend clearly, the pullback has also increased. The most important thing in trading is to understand what the current trend is and how far it has developed. This way, one can avoid trading against the trend, understand the development stage of the market, and know how to take profit, stop loss, and increase positions in the next step. I made some profit when the upward trend just started, but I didn't hold on and cleared my position to short instead, resulting in a pullback of half of the profit. I need to understand the market better and pay more attention to the waves and sayings.