1. The current recommendation is to remain on the sidelines and not to long or short. It is clearly stated that "the success rate of short-term trading is extremely low," market opportunities are scarce, and the era of "making money simply by holding on" is long gone. There is no tendency for excessive upward movement or tentative position building. 2. Position and Risk Management Recommendations: It is recommended to operate as a lone wolf and avoid relying on pre-set trading signals. Position control should be cautious. While specific position sizing is not mentioned, it implies that heavy or frequent trading is not advisable. No clear profit-taking or stop-loss points or timeframes are provided. Note that BN has been updated; the automatic rebate mechanism has been removed and cannot be cancelled and re-registered. The commission discount mechanism has ended, implying the need for careful risk management. 3. This trading style-adaptive strategy is more suitable for conservative or extremely cautious trading, and not for aggressive short-term or frequent trading. It explicitly states that "short-term trading has an extremely low success rate" and "trading should be done alone," emphasizing that it's not advisable to hold positions for too long. It stresses that market opportunities are limited and there are no significant catalysts, suggesting quick entry and exit or a wait-and-see approach.
BN: Summary of Tony's speech group discussion (23:00:10 ~ 00:00:10)
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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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