All trading concepts are relative when applied, not absolute. It's like you say that chopsticks can pick up rice, and I say that chopsticks can pick up vegetables—there's no right or wrong. What causes what effect; an effect is composed of numerous causes, and then this effect also becomes a cause to create another effect. The trading concepts that work for me may not work for you, and of course, the trading concepts or systems you have may not necessarily perform better than mine. Trading techniques and concepts are only part of the causes; you can also understand them as conditions. They are not the only causes; there are many other causes that you may not have gathered, such as mindset, capital, experience, or the current market's time and space. Therefore, if your causes are incomplete, you may not get the results you want when seeking an effect. Conditions + Conditions = Results; I hope everyone can remember this logic. As long as a pig has wings, it can fly; wings are the conditions for a pig to fly, but not the only condition. There are many ways to make a pig fly. Just like 1 + 1 = 2, 3 - 1 = 2, 1 + 4 - 3 = 2, there are many ways to arrive at 2, so we shouldn't be obsessed with fixed formulas. Instead, we should learn to vary our methods. When the market or environment presents us with some fixed causes (conditions), what we need to do is find matching causes to create the effect we desire.
What I've said earlier may sound a bit vague and convoluted; let’s put it in simple terms now. I believe that some trading techniques available in the market are public and mostly not secret anymore. If you feel there are still secrets in trading techniques, then you haven’t actually entered the field. Yes, you heard it right; you should not have entered yet. A lot of learning is just the threshold; don’t feel proud just because you've learned a lot. Knowing how to use what you learn is one thing, and understanding when to use it is another. A lot of learning is just one of many conditions, not all of them. While running hard is important, knowing where to run is even more so, and even more important than knowing where to run is knowing when you should run there. Many people feel that because they have learned about wave theory, Chande theory, order flow, supply and demand relationships, naked candlestick patterns, and market structure, they are good to go, but then they remain silent when trading. It’s not that these things shouldn’t be learned; on the contrary, I believe they should be learned. It’s not about mastering them, but at the very least, you should understand the basics. After learning these things, you should think about under what conditions to use these techniques or concepts, what conditions will yield positive feedback for these techniques/concepts, what fixed conditions cannot be changed in the current situation, what variable conditions exist, and what conditions I can add or create.
Since we talked about learning during the writing process, let me give everyone some advice. First, during the learning process, you need to be able to falsify, instead of blindly being brainwashed by those words and thoughtlessly worshiping them. Second, whether you are learning technology or concepts, you need to thoroughly understand its underlying logic; otherwise, you are only learning its form, which is the least useful. Many people know about support and resistance levels, but you need to understand how support and resistance levels are generated, why they are generated, and so on. In the end, you will find that many technologies or concepts in the market actually have similar underlying logic, and you will also find that using different methods to analyze the market may yield the same entry points.