BN: Summary of Tony's speech group discussion (00:00:10 ~ 01:00:10)

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1. The current recommendation is not to long or short, clearly pointing out that market opportunities are scarce, the success rate of short-term trading is extremely low, emphasizing that trading should only be done by lone wolves, implying that the best course of action is to wait and see, and not mentioning overextending the price or tentatively establishing positions. 2. Position and risk control recommendations: The suggestion of not using heavy positions or gradually increasing positions implies that you should operate cautiously and avoid blindly following orders. The statement that BN has been updated and cannot be cancelled and re-registered, and that there is no hope for commission discounts, suggests that risk control needs to be strict. No specific profit-taking, stop-loss or specific price points are clearly stated. 3. Suitable for extremely cautious independent traders. Short-term trading has a low success rate. It is not recommended to participate in trading groups or rely on others to lead trades. It emphasizes that "the success rate of short-term trading is extremely low". It is not advisable to hold positions for too long. It is suitable for quick entry and exit or simply to observe. There is no obvious catalyst to support steady trend investing or medium-term operations.

Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
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