熟透的苦瓜

Today's decline should be caused by Moody's downgrade of the U.S. credit rating. The U.S. 10-year Treasury bond surged 2% (inversely, higher yields indicate more selling). This is a slap in the face to the Trump administration. According to Trump's antics, there will definitely be a series of positive news released later. I've written a script for Trump. 1. First, secretly find someone to deal with Moody's and ask them to change it back. Can't solve the squid problem and can't handle you, Moody? 2. Send a tweet saying that a visit to China is planned. Regardless of whether the visit happens or not, use this positive news to offset the impact of Moody's downgrade. 3. Work with Powell on some PR strategies, letting some big-mouthed Fed officials make some irresponsible predictions, with various positive forecasts emerging. 4. Various big shots come out to say there are no problems with the U.S. economy, "Lumber, no problem! You have to believe in America, don’t run away, folks!"

There are no wounds that cannot be healed, no despair that cannot end; everything lost will return in another way. The things we care about, the places we get entangled in, the past we cannot let go of, may seem insignificant when we look back many years later. Look at those white clouds, gathering and dispersing, dispersing and gathering again. Look at those roses, blooming this year, blooming again next year.

Therefore, some past events need to be learned to let go of, some mistakes need to be learned to forgive oneself, and some hardships need to be learned to release oneself.

Look forward, be brave, my friends.

As a retail investor, you will always be the last to know the news, and it's the news that others want you to know! As an ignorant commoner, what makes you think you can predict the market? Is Trump your dad? Or is Powell your uncle? In this highly speculative market where there are no legal prohibitions, you're looking for fairness? Seeking regulation? That's just laughable. 🤣

Who told you that if the Nasdaq fell -2.5% on Monday, it would definitely crash on Tuesday? Can't it rise +2.5% on Tuesday? The Nasdaq fell so much on Monday, yet Bitcoin went up, what does that indicate? It indicates that insider trading is buying up stocks. Everyone with insider information is busy going long. Retail investors are still foolishly asking why it went up? 🤣, still firmly believing this is a manipulation to drive up prices for selling.
Now you're left dumbfounded for shorting, right? 🤣

You can't even predict whether the next candlestick will be red or green, so what makes you so sure about how things will go from here?

The market is always right; the mistake is yours!
Don't ask why it went up or why it went down.

If you can master the art of chasing highs and cutting losses, you are already quite impressive.

(Original, welcome to reprint or quote, please do not modify directly, thank you)
Use the mindset of war to create a trading plan. Trading is like an endless battlefield, where both sides continuously invest or consume various resources until one side falls.
Since the market is like a battlefield, there must be strategic expectations, tactical mid-term goals, and short-term goals on the battlefield. Therefore, in relation to the trading market, we must first have expected maximum goals and expected maximum losses. Secondly, we need to have combat means and self-rescue measures. Only then can we consider beliefs, ideals, or obsessions as psychological means.

Therefore, the daily and weekly highs and lows + divergences = expected strategic objectives (direction starting point). The 4-hour chart represents tactical objectives (direction), the 1-hour chart represents combat methods (fluctuations). The 15-minute to 1-minute charts represent the individual battlefield skills of the trader (indicator techniques).
In other words, your capital determines what level of commander you are or what level of soldier you are.

Thus, self-awareness is a crucial element.
If you are a soldier with small capital but are thinking about how to deploy troops like a general, trying to predict battlefield dynamics from the general's perspective to survive and get promoted, you are overthinking and looking too far ahead. You should first focus on how to survive tomorrow.

So, you can guess what the entire battlefield looks like and go with the flow. This growth can be slow and steady through spot trading or fast and explosive through high-leverage trading. Regardless of the method, as long as you grow and survive until the end, you are the victor, taking your spoils and leaving the battlefield for good, returning to enjoy your happy remainder of life.

Strive to live in this market, and only by firmly believing that this market can save you can you persist.

Now, let me share my specific method. This is not trading advice; you are responsible for your profits and losses. (Note: Do not use spot trading thinking for futures trading, because spot trading can exchange time, while futures trading exchanges life.)

Draw lines on the chart, using different lines and text to outline your plan, seeing it every day and flexibly and stubbornly executing it. Secure your stop-loss belt.

Learn to make your chart speak.
That's all.
Good luck.

Don't approach contracts with a spot mindset!!! I believe most people coming here are likely poor, and they come to this world's most risky trading market for high-risk assets with the idea of making a quick buck in the short term! Therefore, trading contracts with small amounts for large gains is the inevitable choice. There's nothing to be ashamed of; if you want to make money, don't hesitate! As long as the account is growing positively, it's fine. So, if you should go long, go long; if the direction changes, cut losses. If you should go short, go short; let it die. Instead of holding onto a position!
This is asking for death!

The market is chaotic! You can only respond passively.
You can guess what the future situation may be, but it doesn't mean it will definitely be that way.
So, after placing an order, set your take profit and stop loss, then don’t watch the market. Either take a small loss or a small profit. If you’re unwilling, just set a stop loss and take profits manually.
The scariest thing is not cutting losses when you're down, averaging down to a larger loss, and ultimately holding on until you’re completely wiped out!!!

Back to spot trading, some say that spot trading won’t lead to liquidation, and that’s true. But have you considered the time cost? Have you considered the capital cost? These sunk costs are invisible; they do exist!!!

Therefore, the logic of trading is very important.

Whether it’s stocks, futures of bulk commodities, gold, or foreign exchange, they all have fundamental values and trading logic. Only the cryptocurrency market is a global extreme risk market with no fundamental value or logic left, just speculation. You could say that if you come to this market, don’t talk about value investing; that’s like burning paper at a grave, fooling ghosts!

Since that’s the case, you should be making U.S. dollars; what are you doing holding onto coins?
The market manipulators love you fools who are always going long and always tearfully emotional.
Who can you move besides yourself? Besides disappointing your family, you disappoint many others.

Even now, many people still hold onto illusions, still carving the boat to seek the sword, clutching some data saying the bull is still there. I don't know what they truly think deep down?

Is the bull still there? Discussing this is meaningless. Holding onto a few broken data points and insisting that the bull is still there; fine, show your positions and profits.
Don’t say you’re going long while secretly shorting.

Are you playing with fools?

He, go away.

Warning ⚠️ (Reminding you to run, first hit the US stock market and then smash the cryptocurrency circle, do you think the rabbit is joking with you?) This is an article I posted earlier, I'm reposting it now,
still the familiar formula and familiar taste. Wherever the United States supports, China will give you a critical hit. After reaching a high in the cryptocurrency market in 2021, the Chinese government first expelled the computing power, then sold off the large amount of cryptocurrency held by the government, sending the cryptocurrency market into a bear market. Later, they announced that trading cryptocurrencies was illegal, directly pushing the cryptocurrency market into a long bear phase.

Let's take a look at the methods of deepseek, which are similar. First, they published hardware made with second-rate graphics cards and open-source software, proving that low-cost hardware + high-efficiency algorithms = most functions. They have washed out the bubble of AI in the US stock market. I speculate that China may announce some breakthrough in chip technology to strike against ASML.

Summary. Virtual currency is a government work plan of Trump, and the Chinese government is definitely brewing how to give the cryptocurrency market a heavy blow!

Everyone, be mentally prepared.
Get ready to escape the top.

"One Reluctance and One Greed"
Hurrying and stumbling on the road of trading. Panicked and drowned in the hustle and bustle of the sea of ​​coins, I have walked so far without realizing it.
Reality is so heartbreaking and helpless. 1 part of luck, 99 parts of thousands of cuts, I don't know how much silver I can get in exchange.
If the heart is not dead, the Tao will not be born, and if the desire is not extinguished, the Tao will not exist; if the heart is not bitter, the wisdom will not be opened, and if the body is not bitter, the fortune will not be thick;
No one's dissuasion will run you to enlightenment. The only things that can really make you wake up from a dream and see through the world are the losses you have suffered and the walls you have hit!
Only by putting yourself in a dead end and then surviving, and being trapped in a dead end and then surviving, can you climb up from the sea of ​​corpses and blood.
People cannot be awakened, and people can only wake up in pain. Whether you are awakened by punishment, awakened by shock, or awakened by a fall.

The road of trading is cruel and rich, with such contradictions and turbulent fluctuations, but it is full of fatal attraction.

Too much helplessness...

One unwillingness, one greed. When can I get ashore?

"Walking on Thin Ice, When Can I Get Ashore?"
The writing ends here. It's just a dream, and I am content with mediocrity. I would like to dedicate this article to all my friends who are walking alone.

The first half of life has ended, but there are still parents' kindness to be repaid, children's responsibilities to be fulfilled, and husbands and wives' wishes to be fulfilled. When will life get ashore? Everything I see is at a loss. Looking back on the past, I am grateful for my family's support and their support every time I was in desperate situations.

Life is often difficult, but the courage to turn the page and restart is not often there. I have been dealing with my inner heart for forty-three years, chasing dreams and ideals, hitting the wall several times, and finally I don't know when I can get ashore. Abandon it, but only seek peace with what comes.

Life is gentle. If it rains, let it go. Life stops and starts, one mountain after another, countless moments of insisting with tears, can only grit your teeth and insist. I don’t think I’m an excellent person, nor do I have enough financial knowledge and skills. I’ve been stumbling along the way, and I’ve never let myself go.

I’ve been writing short articles in the square for a while, and I don’t care about the praise or criticism of others, or the gains or losses. I’ve never taken orders, sold memberships, or cut leeks. I’m just entertaining myself and selling wine.

Here, I would like to express my sincere gratitude to all my friends for their company through this article.

Life is not easy, let’s encourage each other, and wish you all the best

"How Can Anyone Know Your Suffering"
How can anyone know your suffering, how can anyone understand your difficulties, how can anyone empathize with you and fully understand your pain.

We each have our own loneliness, we each have our own pain, we each have our own bitterness.

We stumbled all the way to the distance.

We are not unaware that this is a cannibalistic market, we are not unaware of what the ending here will be.

If we can make money in reality, I will not come to this shitty market.

What else can we do?

Some people come here with the money from the likes of food delivery

Some people come here with the money left by working frugally

Some people come here with mortgaged houses to seek a turnaround

Some people come here with online loans

Some people even come here with the money from selling their bodies

Here, more people come here with their own meager savings

Here,...

Here,
More people laugh at you as a rookie, insult you as a gambler,

Some people eat your blood-stained steamed buns but laugh at you for not having enough money to stop losses
Some people here even say that investing is risky, and taking orders is risky. If you lose, you don’t get compensation, but if you win, you have to share.

There are too many confused people here.
There are too many lost people here.

Is this hell or heaven?

《Salted Fish's Journey》

When I cross this mountain, I will tell you about my unbearable experience

That was the first time I encountered that mountain

Naturally, I couldn't listen to good advice

There are many people in the world who return empty-handed and lose interest.

Every night I lost, I was willing to do so

Later, I finally crossed that mountain

Only then did I find that the green water flows forever, the south wind remains the same,

Everything I see is myself

The mountain is still the same mountain, but the water is not the same water as before.

I am not the same person as before

When I cross this mountain,

I will tell you about my unbearable experience

"Xianyu Xinlu" Don't pursue a sense of security
1. We must accept the uncertainty of the market, the market's confusion and inexplicable.

2. We cannot pursue a sense of security in this highly uncertain market, it is immoral.

3. Don't pursue the best buying point and the highest selling point. No one knows what the result will be except the dealer.

4. Don't challenge the market with your ignorance and arrogance, it is meaningless.

5. The fundamental reason why you are nervous, indecisive, and trembling is that you are afraid of losing!

6. You must accept your stupidity and ignorance, try to reconcile with yourself, and accept your mediocrity.

7. Always remember that the indicator is a product delayed after the price has gone! You must accept the error of the indicator.

8. Choose a trading method that suits your personality, don't envy others, and don't think that he and I can do it.

9. Don't trust others casually. Maybe 99 people in the group are all agents, and you are the only one who is real!

10. The mistake is not in technology, but in your stubborn concept.

(Xianyu Xinlu) 《Waiting for the Wind》
Many people don't know how to take advantage of the east wind, but always choose to act recklessly when there is no opportunity, often accomplishing nothing, and finally only moving themselves.

Waiting for the wind.
Chasing dreams does not depend on how old you are, or whether you are brave or timid, passionate or indifferent.

Perhaps, everyone has a rough and sad period in their hearts. Maybe you have been glorious, or maybe you have been in a trough. Life cannot be smooth sailing. As long as you are not really at a dead end and want to jump off the building, you may stop and rest, change to a trading method that suits your heart, and respect yourself.

Waiting for the wind.
The road under your feet is important to take one step at a time. There are always people who expect to double the money they buy tomorrow, and they don't even look at the spot, and the contract 100 times can't stop it. You are too impatient. Maybe you do have many unavoidable difficulties that require you to quickly grow your wealth. However, if you run too fast, you will often fall half to death. Don't have survivor bias, always thinking that you can also get the wealth shown by some survivors who have survived a narrow escape.

Wait for the wind to come.
Actively pursue the direction of the wind, and opportunities are often obtained by your own initiative. How can you know where the points come from if you don't try.
There is no right or wrong in this market. If you think that the market that does not follow the routine is wrong, then you must be wrong.
Use countless small positions to try and make mistakes, and you will always think of the right one. Wait for the wind to come, won't you rise?

Wait for the wind to come

Let's encourage each other

"Salted Fish's Journey" (Be true to your heart and be determined)
The market is like a big river, vast and surging, flowing endlessly. Countless people make a living on the river. In the deep water of the river, there are luxury cruise ships singing and dancing; there are towering cargo ships loaded with containers; there are speedboats flying and cutting through the waves.
In the middle water area of ​​the river, there are passenger ships full of workers; there are roll-on/roll-off ships climbing with black smoke; there are empty ships running fast.
On the nearshore of the river, there are people driving broken boats to pull nets to catch fish; there are small sampans and light boats rippling;
On the shore, there are people fishing, playing in the water, swimming, and picking up water plants.
However, you have never seen the bottom of the water, where corpses are rolling.
Everyone has his own way in the river and uses his own tools to move forward, no matter what kind of...

You said that what I should consider is whether I can use the river to reach my destination, instead of considering where others' destination is!

Be yourself, don't be too picky.
Be confident, respect your heart, and be determined.

"Salted Fish Heart" (Choose to respect your own heart)

People often say that character determines destiny, so in this circle, character also determines how you operate.
The difference in everyone's personality will inevitably affect everyone's mentality and cognition.
Some people have a calm personality. Mount Tai collapses in front of them but their appearance remains unchanged. An elk thrives on the left but does not blink. It can be stable and not fluctuate due to price fluctuations.
Some people have an impatient personality, and their hatred will eventually return to the sea, while the bright moon will be ruthless but rise to the sky. When the price is guaranteed to be oversold, my mood will rise and fall completely with the price.
Some people are fond of taking the wrong side of things, and are accustomed to licking blood with the tip of a knife, destroying everything, leaving no way out for themselves, and pursuing a manly man. Either get rich or lose suddenly.
However, the vast majority of people in the world are ordinary people who pursue stability and don't mind taking risks occasionally.
More people are mediocre and are ultimately led by price. My mood is constantly going up and down, left and right. Hahaha when it rises, Ma sells batch when it falls.

Since everyone has different personalities, you must choose a trading method that suits you. Choose a method that matches your personality.
It is absolutely impossible to say that this method is good today and that style will be good tomorrow. The big cake is good, the second cake is good, the copycat is good, the local dog is good, and I want to play with the airdrop. The left wants it too, the right wants it too. Bulls eat too, and bears eat too. The end result is a confused mind and a haggard heart.

Only do what you can understand, accept your losses, and earn the money you know. Abandoning greed and fear is the enlightenment of this circle!
If you can't earn even small amounts of money stably, then when the opportunity comes, don't think too hard. If you make a lot of money due to luck, you will inevitably lose an even bigger amount of money due to luck.

The big tree in the sky also grows up day by day from the saplings. Masters also come out through hardships and hard work.

Only through self-crossing can we achieve success.

All gentlemen encourage each other.

"Salted Fish Heart" (There is no bottom in the heart, and the world is naturally wide)
It is said that cognition determines success or failure. In this circle, position determines opinion. Those who hold positions are naturally bullish. Those who are short-term are naturally desperate to be bearish.
In fact, those who dare not go short at high positions and those who dare not go long at low positions are the same group!
In this highly speculative and high-risk market, why do you come here to seek stable income? Isn’t this the old man who eats arsenic to live longer?

When you have the view of top and bottom, you will naturally preset it according to this situation. If you guess right, it will be fine, but if you guess wrong, you will be doomed.

If you remove the top and bottom, change it to oscillation. I feel a lot more relaxed now. This shows the importance of following the trend!

Many people like to lick the edge of the knife and go short, and go long when the bottom is low. Maybe, you succeeded 99 times, but if you licked the wrong thing once and licked deeply, it is very likely that your tongue will be cut off by a knife, and you will receive disability insurance in the next life.

It's going to rain, and my mother is going to get married.
What should plummet will not stop because of your greed.
What should skyrocket will not stop rising because of your prayers.
Since we cannot control this situation, we should not be demanding a 100% winning rate. This is unethical.
Since it has really fallen, then do T to save your capital and get out. Even if you sell out later, as long as you implement your own trading system, it will be correct. Because only strong rule enforcement is your safety belt.

"Salted Fish Heart Path"
(Risks rise, profits fall)
The price has reached this point, and many people have begun to torture their souls again: Why can’t I hold it? Before answering this question, we must first understand a truth. People seek benefits and avoid disadvantages. The essence of human nature is to fear losses. Therefore, it is normal human nature not to buy when the price goes down and not to sell when the price goes up. This is understandable. Please Don't blame yourself too much.

When it falls, the bottom diverges again and again. You think it is the bottom, but in fact there are 36 levels of hell. When it goes up, the top divergences and diverges again and again. You think it is the top, but in fact there are 13 more heavens!
So, don't guess the top or bottom. Sometimes, you only find out when you look back. This is the top and this is the bottom. But ask yourself, under the circumstances, could you be so sure? So, instead of second-guessing things and regretting them, it’s better to start over.

This market is a seller's market. What this sentence means is that the essence of this market is that some people bought cheap goods at the bottom in the past few years, and now they have raised the price through tacit bargaining, and then buy things for you at a high price.
The real top is when they're full and things are running out. This is the logic of all capital markets, and it is not the same in the world!

Therefore, those who really make money in this market must be good at position management. The key is to open positions in batches and reduce positions in batches. We must have the mentality of losing my life and gaining my luck.

The grand occasion when Grayscale was engaged in futures ETFs was just like the grand occasion when BlackRock is engaged in spot ETFs now. History is always surprisingly similar! Moreover, many institutions and even pension funds held positions that year. Therefore, if there is no opponent for the profit-making exit of these capital tycoons, the consequences will be disastrous.

Here, I would like to tell my Takong friends that if you miss it, you miss it. Wait until later. Don’t be too anxious. The purpose of establishing BlackRock ETF funds is to make profits. Later, the holdings will be gradually reduced and cashed out, so the next round of highs may be higher, but the time will be longer, and the fluctuations will not be so big in the future. The era of slow cattle has arrived.

"Salted Fish Heart Record" The market is always right, you are the only one who is wrong.
First of all, the market is an operating system under the joint action of many factors. Simply put, it is consensus and expectations. The more widely these two are promoted, the larger the audience system will be and the larger the market will be. Everyone blew up the balloon together. There was once a saying that the consensus of leeks is also the consensus.

Secondly, the market is actually a seller's market, which means that the dealer's ultimate goal is to sell you what he has on hand. The more it goes down, the less people buy it, and the more it goes up, the more people buy it. It is common human nature to buy up and not down. And the market situation is exactly anti-human nature.

Finally, the market is volatile, disorderly and orderly. It will not rise because of your greed, nor will it fall because of your fear. Only by acknowledging the variability of the market can we gain a foothold in this market.

However, people often have inertia or path dependence. If you are used to this road, when you encounter the opposite road, you often don't turn around, but continue walking along the original road. The final outcome is already determined.

So, don't fight the trend. As a tiny part of the market, you have no meaning to the market.
If you really disdain or dislike this market, you should step on it when the market is weak to make it worse. Instead of trying to catch the flying knife when it was strong.

If you are extremely optimistic about the market, you should not sell. Keep buying to help it as it rises.

Go with the flow and respect the market

"Salted Fish Mind" Pain is the only way for traders to become enlightened

There is never any empathy in the world. If you feel empathy, it only means that you have also experienced the other person's experience.

In this market, only pain can enlighten you. Therefore, people who succeed in trading must go through various hardships. Whether it's the deception of the market or the dealer's pretentiousness, or whether it's true or false.

When facing the huge deficit in the account, the loneliness and numbness after the liquidation, these so-called disasters make people despair and feel at ease! You will inevitably pull out the innermost self from the depths of your soul and torture it repeatedly.

Only in times like this, if you can persevere and get through it, will you be reborn and achieve enlightenment!

Only then can we give up the ignorance and timidity of the past without hesitation, not dwell on the past, and not be obsessed with the present. Only then can we stand firm in this market, like an invincible trader.

The heart is like still water, neither greed nor fear

"The Thoughts of Coin Speculation"
There is no right or wrong in this market, no differences in positions, only conflicts of interest. When you win, play in awe of the market. When you fail, find the grace to be grateful and not kill.

What goes against your trend is often someone else's opposite trend. So, in this market, you are just betting your hard-earned money against the devil in your heart.

In this market, most people are ordinary people without much trading talent. Therefore, it is not easy for you to do a good job in one direction, and you have already surpassed many people. If you want everything, do more, and want nothing, your heart will actually tell you what the final outcome will be.

Respect the market.