90% of operations in the market are actually counterproductive. A truly impressive strategy, so simple that it's hard to believe. Cut off losses, let profits run, and take advantage of the situation These truths that everyone has heard are the true skills that have been tempered by the market. You will find that top traders are all doing subtraction. 1. The "Turtle Trading Experiment" proves that with a simple method of observing trends and managing positions, coupled with strict discipline, ordinary people can also create a miracle of earning 80% annually. The essence of this method can be written on half a sheet of paper, but it has withstood the test of various market conditions for 30 years. Everyone in the cryptocurrency industry knows a heart wrenching truth: brothers who often lose money are constantly changing methods, currencies, and contracts in the first two years. This "phase of constantly changing methods" ultimately leads to greed and fear. The truly useful buying and selling signals are ultimately the result of the combined action of three basic elements: price, trading volume, and time. The company of Simmons, the pioneer of quantitative investment, always revolves around two basic principles of making money: "prices will always return to normal" and "trends have inertia". This explains why the core code of top-level quantitative trading programs is very short - without fancy designs, the system can better withstand market changes. 2. The essence of trading ability is to develop muscle memory. The top intraday trader in the group of Japanese Mrs. Watanabe, at the age of sixty, still manually records hundreds of price patterns every day. This seemingly primitive repetitive training is actually the only way to maintain market sentiment. When I read the basic graphics a hundred thousand times, it becomes an instinct for instant judgment, as summarized by "Bond King" Bill Gross: "My trading secret is to repeatedly read the minutes of Federal Reserve meetings every day for forty years The key to breaking through complex obsession lies in establishing "probabilistic thinking": recognizing that all trading systems are a continuous accumulation of advantageous probabilities. Stanley Crowe adhered to the discipline of "only doing monthly level trends" and waited for ten years in exchange for a hundredfold return on copper futures; Andrew Krieger created a legendary single day profit of $300 million using a single arbitrage strategy. These examples illustrate a cruel fact -90% of operations in the market are actually counterproductive. Hidden in the words of those top old traders: "Big money comes by sitting and waiting Just like the essence of price fluctuations, to put it simply, 'when there are too many things, they fall; when there are not enough, they rise'. Truly intelligent traders will eventually return to this simplest principle.