Having traded for so many years and stepped on numerous pitfalls, today I want to share some practical insights with everyone.

**Solid fundamentals are very important** — Independent judgment is not innate; it must be honed through years of experience or learned systematically through the right methods. But ultimately, you need your own ideas; others' strategies, no matter how brilliant, are still theirs.

**Defense always comes first** — Long positions should set stop-losses below key support levels, and short positions should be well-positioned above key resistance levels. Only then does defense truly make sense; otherwise, even the best entry is pointless.

**Position management is more critical than timing** — Many people get caught up in pinpointing entry points, but how you manage your position ultimately determines the outcome. Controlling risk per trade naturally creates a scenario where small losses are tolerable and big gains can be amplified.

**Emotions are the biggest enemy** — Impatience, panic, greed—these three can ruin even the most perfect plan. Reducing emotional trading already puts you ahead of most people.

**The outcome is only truly determined at the moment of exit** — Entry is just the beginning; exit decides win or lose. Knowing your exit logic clearly and executing strictly according to plan ensures each trade forms a complete closed loop.

There are no shortcuts in trading. Steady progress and avoiding detours will help you go further.