After years of navigating this market, I’ve gradually understood a principle — what determines whether you can truly stay is never some profound skill, but a set of game rules that are verbally acknowledged by many but constantly broken in action.

First is the issue of position sizing. Once you've confirmed your direction, don’t keep changing it; frequent rotations will only gradually raise your costs. Market rotations do exist, but what you think you’ve missed might just be that the opportunity hasn’t come around to you yet. The chasing process seems like searching for opportunities, but in reality, it’s digging a hole for yourself.

The more concentrated the heat, the higher the risk. When everyone is watching the same target and discussing it, the potential for gains has basically been exhausted. During the upward phase, you can’t see the problems; it’s only during the pullback that you realize what insufficient support really means.

Never have illusions about extreme returns. Positions you can’t hold onto, no matter how much they rise, are irrelevant to you. Long-term genuine gains often come from those positions you’ve been holding but tend to overlook.

When emotions are high, it’s precisely the time to reduce trading frequency. First, ask yourself whether the potential pullback space and expected returns are proportional. If they’re not, sitting on your hands is actually wiser than taking risks.

In trending markets, stay away from high-frequency contracts and similar instruments. Volatility won’t become gentle just because you have a plan; one out-of-control move can wipe you out completely.

Projects that survive the lows are the ones qualified for future trends. Most of the time, the market is quite dull; real opportunities only appear in a few phases.

Different sizes of capital require different strategies. Mismatched capital structure and strategy will only amplify risks infinitely.

Follow the trend — this is much more important than guessing the turning point. Market surges often come like a thunderclap, but corrections can last a long time.

And one more thing — profits don’t automatically mean safety. Only when you truly secure your gains in time does the account balance count as settled.

Those who can control their hands and maintain rhythm usually aren’t the fastest runners, but they rarely get kicked out early. Perhaps this is the biggest difference between those who stay in the market and those who get eliminated.