2025.4.28 Lao Jiu's Hundredfold Trading Review

Goal: With a capital of 100 USD, earn 10,000 USD; currently at 100 USD.

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: 12, profit and loss situation: -6.13%.

In the past two days, I've been studying Lu Xiwu's 'Trend Trading Method', gaining a lot of insights. Understanding trend confirmation and the application of wave theory allows me to better recognize the current market phase and improves my trading mindset. I had read it a few years ago but didn't dive deep; now revisiting it directly applies to my trading. I’ve known the concept of a trading system for a few years, but haven’t established my own trading system and still operate at a beginner level. Not seriously learning trading knowledge from trading experts, not summarizing my trades, not understanding my shortcomings, and not knowing how to improve my trading while naively hoping to get rich through trading is truly laughable and foolish.