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You must minimize risks and keep your funds reserved for the few times when you can make big money in the short term.
Investing funds in suboptimal trades is something you cannot afford.
If you do so, by the time the opportunity to make big money in the short term arrives, you will already be exhausted and your funds depleted.
Even if you still have money to invest in trades at that time, the amount of capital you can deploy will be relatively small due to previous losses and drawdowns in other trades.
Good steel must be used on the blade.
— Richard Dennis
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This is a professional正规军, the American Investment Championship "Over One Million USD" Group Runner-up Chris Flanders!!
The past 2 years' win rate is only 30.7%, but the return can reach 1298%🧐😍
He reveals the secret of breaking out of the trader's death spiral + EP breakout strategy for the first time!
His trading logic is very simple, using a large number of small losses to test and error, along with a few big trend trades.
But executing it is actually very difficult, a 30% win rate means there will often be consecutive losses, which can lead to many cycles of the trader's death sp
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GPT Image2.0 is really quite powerful.
Below are the outputs generated by GPT-Gemini Pro-SuperGrok in sequence.
Using the same prompt,
generate a photo from around 2008 of a three-member family in China in a park, with the camera timestamp in the bottom right corner.
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Influenced by Trump's Taco Trading Method, the volatility in the global trading market has become very strange, and many strategies and tools that used to work well can no longer adapt to such a fast pace!!
It seems time to bring out these 5 price action strategies to suppress it.
All are classic and very useful, save them.
1/ Camarilla breakout strategy based on the concepts of expansion and contraction, effective on 15-minute, 1-hour, and 4-hour levels. The strategy trades based on price contraction and expansion, similar to fractals like the engulfing pattern.
2/ Single and double engulfing
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Russia has just passed a cryptocurrency regulation law, and cryptocurrencies are legally regarded as property.
The new law will come into effect this summer.
After the law is implemented, ordinary Russians can legally acquire and invest in cryptocurrencies through licensed intermediaries.
Businesses can also conduct cross-border trade settlements.
However, the use of cryptocurrencies for payments remains prohibited within Russia.
Additionally, the initial tradable currencies are limited,
currently only allowing cryptocurrencies with the highest liquidity, market capitalization, and
BTC0.34%
ETH0.42%
SOL0.04%
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I made a mistake. Where did I go wrong?
I was bearish in the bear market, and that was not wrong. I shorted stocks, which was also correct.
My mistake was selling too early, and the cost was high.
My market direction judgment was correct, but my execution was wrong.
— Jesse Livermore
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If there are elderly people or children at home who love to drink these, you must pay attention.
Such a small jar of stuff actually contains a lot of sugar when you look at it concretely.
Some that don't seem very sweet are actually quite a lot.
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The stock market is full of people like this; they have a sense of price for everything,
but know nothing about its true value.
— Philip A. Fisher
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Recently tested Tsinghua University's open-source AI private tutor class OpenMAIC, and it is indeed very powerful.
Ask a question, or toss a PDF to it, and it can quickly create a lesson based on the query, also allowing you to set characters for classroom interaction and discussion.
It can even automatically extract charts from PDFs for coordinated explanation.
But there are still some limitations; it's not as all-encompassing as rumored.
For example, in learning minor languages, while it has the basic ability to organize knowledge points,
currently it cannot achieve the smooth lang
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If your judgment of this wave's trend is correct, then after your first entry, you will soon see unrealized gains.
From then on, what you need to do is stay alert at all times and watch for signals that indicate danger is approaching.
Once a signal appears, promptly exit the market and lock in your profits.
— Jesse Livermore
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People can die at any time; they don't have to wait until they're old to die.
Wealth and honor require indulgence; with money, you spend; with strength, you create.
If you want to eat abalone, don't eat instant noodles; if you want to sleep until you wake naturally, don't set an alarm; if you want to do, don't just think about it.
I saw a joke: someone saved money all their life, planned to travel around the world at sixty, but at fifty-nine and a half, they had a heart attack and passed away.
Life isn't a game of bank account balances; it's a death race for timely pleasure.
Stop say
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What I pursue has never been to buy at the lowest price or the cheapest position.
But to buy at the right position, just before the stock price is about to surge significantly.
Constantly trying to catch the bottom is neither necessary nor a good use of time, because that's not the main point.
— Mark Minervini
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About human nature.
In ancient China, tomb raiding was usually done by father and son together; the father and son would go tomb raiding, and finally crawl out of the tomb.
Does everyone know who should be the first to crawl out?
Should it be the father first, or the son first?
For thousands of years, the rules of tomb raiding, lessons learned from blood and tears, have formed such a custom: the father must crawl out first, then the son.
Because if the son crawls out first, he is very likely to push his father down and keep the treasure for himself, but if the father crawls out, gene
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This is truly impressive. Wang Jianlin might not even be able to earn a small profit as quickly as him now.
Jasonleo, the top trader on the real trading profit list in the crypto circle, who made $15 million in 7 days, shares a very interesting strategy.
In such a difficult market, from early April until now, he took a long position of over $67,000 once and a short position of over $71,600 once.
With just these two short-term trades, he earned over $15 million.
With heavy positions and precise entry points, how does this top-tier method of catching the top and bottom work?
Miner Brot
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It used to be MBTI, and now there's SBTI. Has anyone considered the feelings of people with choice paralysis...
A set of questions can take a whole day to complete, and they simply can't choose 😂
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Making big money is not about frequent trading, but about patiently waiting.
— Charlie Munger
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Can a “super individual” work hard and get rich? Someone has come up with a schedule—just follow it and you can earn 100,000 yuan a month, though you probably won’t be able to keep it up for long.
At 6 a.m., head out to sell breakfast, selling until 9 a.m.
At 9:30 a.m., go to work, working until 6 p.m.
At 6:30 p.m., go sell dinner, selling until 9 p.m.
At 9:30 p.m., start selling barbecue, selling until the early morning hours.
At midnight, start driving for a chauffeur service, driving until 2 a.m.
At 2 a.m., go work as a sanitation worker, sweeping until 4 a.m.
At 4:30 a.m., st
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My consistent trading rules are:
First, cut losses quickly.
Second, hold on to profitable positions as much as possible.
Third, always keep positions light.
Fourth, stick to the rules once they are set.
Fifth, also know when to be flexible.
— Ed Seykota
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In 1977, Buffett summarized for the first time the criteria he follows when selecting quality companies in his letter to shareholders.
These standards have been used ever since, with only four core principles.
Within his circle of competence, he understands the business.
The company has a long-term competitive advantage, able to withstand competition and maintain its defenses.
The management team is capable and honest, aligned with shareholders' interests.
The price must not be too outrageous; it should be bought at a reasonable or even cheap valuation.
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