I am Ouyang Feng, and as of the end of October this year, I have been in the industry for seven years and four months.

These seven years have passed in a blink, it feels like just yesterday I started in this industry. I can still vividly remember the time when I first entered the field, and thinking about it now is quite painful.

There is a saying by a big name, who is now free and has done many meaningful things, donating several hundred million. This big name was born in 1992, one year younger than me. Back around 2012 or so, he was working while trading, and when he was close to a margin call, he knelt down in front of his computer, pleading for it not to blow up. At that time, it was really all of his capital, and even the ticket money to go home was caught in that market wave. Later, a colleague who returned saw this, and the colleague couldn't understand how there could still be such an absurd industry in the world. After watching his account, my emotions were unsettled for a long time, and I would often watch his videos to motivate myself.

He said that if you plan to trade, then you need to learn how to get through a difficult and extremely poor period. I deeply resonate with this, as it is a lesson learned from my past; success and failure both come from trading.

It may be related to people's personalities; some people can avoid this step very well. Brothers, note that it is extremely poor, to what extent? Poor to the point where your entire net worth does not exceed 100 yuan in cash, poor to the point where you are heavily in debt, poor to the point where you are abandoned by friends and family. This industry of trading is generally not truly understood by the public; those who understand do, and those who don't, no amount of explanation will make much sense. Newcomers are not advised to enter the industry (discouraged); those who are experienced have mostly succeeded, while those who haven't are basically struggling in the quagmire. How much has been lost over the years? Everyone knows best in their hearts, and it's not just money, but also your friends, your time, energy, and perhaps even a few years of youth.

If you want to survive in this industry and have faith and dreams about it, I think there are the following points that you need to achieve, or at least try to achieve:

1. Normal mental state: Because only when you are in a normal mental state can you view the market objectively, understand the logic behind each segment of price movement, and clarify this logic and movement in order to take a sip of soup in this market.

2. Emotional Management: I believe I don't need to elaborate on this, 90% of losses are caused by emotional trading, including holding onto losing positions and chasing highs or lows after missing out. Emotional trading stems from the urgency to recover losses, and when you lose control of your emotions, how can you expect to recover? How can you maintain a normal mental state? If you lose your cool, you will also worry about your capital. I have fallen into this cycle many times.

3. Do not hold onto losing positions, do not hold onto losing positions, do not hold onto losing positions. Everyone who has experienced the dangers of holding onto losing positions understands, so I won't elaborate. Just remember one thing: a loss that cannot be resolved is always a loss, especially do not add margin or average down when the loss situation is unclear. You might be able to recover once, twice, or three times, but sooner or later, you will find yourself in trouble. Respect the market; I have seen many people who made thousands of times in profit only to lose it all, and I myself have also experienced nearly a thousand times.

Sometimes we need to change our perspective; we are here to make money, not to break even. Being stuck in a position for ten days or half a month greatly affects subsequent operations. Once you are holding a position, your future operations become unclear. If you were clear-minded, you wouldn't be holding a position, but would instead be taking the opposite position to recover your losses. When you are holding a position, you hope that the market moves in the direction of your position to give you a chance to break even.

4. Try to establish a set of your own operating system and strategy, and stick to it. This system includes entry signals, defense signals, exit signals, as well as signals for increasing and decreasing positions. I don’t know how many people truly understand what trading systems and strategies are, or if they simply take the literal meaning of guidance. Has anyone truly dissected this? Has anyone genuinely understood the risks of trading and established a defense mechanism?

It's quite funny to say that after more than seven years of trading, I was still bewildered this year when a very close brother asked me directly. It was then that I truly started to pay attention to this thing and improve it, in a genuine sense. This improvement is not just about knowledge, but also about mentality and behavior. You shouldn't always be thinking about flipping your position, conquering the market, or dreaming about a villa and a luxury car. Once you amplify your desires, the outcome is invariably a liquidation. You have to conquer yourself, overcome your own desires, fears, and the tendency to take risks.

Currently, I sometimes can't help but make mistakes, often operating recklessly and being eager to place orders. Sometimes, I am also influenced by emotions, which doesn't lead to very good results. However, I am working hard to overcome this because I still want to survive in this market. I love this market, and I have dreams. I never consider myself a teacher; I am just a practical trader. I want to document my real experiences and practical trading experiences through writing, reflecting on myself, so I can see my current situation at any time and allow myself to grow. I have developed the habit of recording my work, my growth, and my life. If these things can help more people, then I believe they are valuable and meaningful.

There is no holy grail in trading, no 100% win rate or strategy, so trading is about learning for a lifetime and respecting the market.

During the hardest times, some advised me to quit and find a good job, and some advised me to let go and not be obsessed. I didn't know what to say, but I knew I couldn't just quit like this. I had to leave something behind, not just for others but also for myself after so many years of persistence, to make an explanation.

I don't know when I will turn the tide, when I will be free, the answer is on the way. After I achieve my goals (the current requirement is 300W), I will repay those who have helped me, and then temporarily exit this market to make up for the warmth and cold I have experienced over the years.

The road ahead is long, who will walk with me?

Lastly, a side note:

1. Daily and regular technical analysis, the significance of the summary lies in the fact that this is a process of understanding the market and knowing oneself.

Second, trading is actually a process of moving from chaos to clarity.

Third, if you can't hold onto the orders, there is no possibility of profit; profits must come from large fluctuations.

This is written by someone who is recording their growth process, and it is clear that they have a profound understanding of the market.

In the market, many people only focus on the price and forget about themselves.

They think the market determines everything,

In fact, the market is just an exam, and the answers have long been written in your humanity.

Greed will make you increase your bets when you are in profit, until everything goes to zero.

Fear will make you sell at the lowest point, and then watch it rebound with your eyes wide open.

Impatience will make you want to act at any moment...

Patience, however, is the most expensive ticket in the market...

Lifermore said: Big money is not in buying and selling, but in waiting.

I didn't understand until I sat in front of the screen countless times, watching the market fluctuations like tides.

Finally understood, masters are never the ones who predict tomorrow.

But it is the one who can endure today.

It reminds me of a scene from "The Way of Heaven."

In the heavy rain, Rui Xiaodan was almost hit by a bullet, and she called Ding Yuanying.

Ding Yuanying said: In this life, having you as a confidante is enough...

At that moment, the camera froze in the hug, raindrops hitting the shoulders,

But they are no longer afraid in their hearts, because they have grasped the most precious thing.

I see that the market is the same.

Most people spend their lives chasing prices,

but has never found a confidant that belongs to them.

That is the heart of determination and wisdom.

No matter how turbulent the market is, it can't shake you.

Because you know, if in this life I can have a mind that follows, it is enough.

Left for you in the wind and rain,

Also left for myself who is throwing in search of a soulmate.