Trading is an endless science and an imperfect art. Since it is a science, there are scientific laws within it. We need to find ways to discover these laws while also accepting this imperfect art. So, how can we improve our trading skills through continuous experience and learning?

Cultivate Learning Ability

Firstly, learn from books, such as the technical Japanese candlestick charts, because reading is always the best investment in oneself.

Secondly, learn from successful people, but there are many teachers out there, such as those who rely on their intuition for opening positions, which cannot be learned or replicated. Purely research-oriented teachers may focus more on the study of theoretical doctrines, which may not be practical in real combat. Moreover, the success of some teachers may be accidental and not learnable. It is important to choose learning based on one's own characteristics.

Finally, learn from the market, which is the best teacher. Under the premise of respecting the market, explore its laws, observe what the time-sharing chart looks like during a sharp drop or rise, and observe the historical trends. You can learn a lot of skills from this, and eventually form your own trading philosophy.

Form Your Own Trading Style

Firstly, I define my trading philosophy and style as purely technical intraday short-term trading. Individual investors should determine their trading style based on their own personality traits and preferences. Once determined, do not change it easily, and then stick to it, continuously improving, so as not to take detours.

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Trading styles can be divided into two major categories: fundamental and technical.

Fundamental: Fundamental trading requires a comprehensive understanding of the news on both the supply and demand sides, which ordinary investors cannot compare with institutional investors. With the rapid development of the internet, there is a mix of true and false information. It is difficult for ordinary investors to judge the authenticity and comprehensiveness of the news in a timely manner, making it hard for them to distinguish.In this market, compared to the timeliness of information, we are not on an equal footing with institutional investors. By the time we see a piece of news, institutional investors have known about it for a long time.

Technical Analysis: Technical analysis is relatively simple and intuitive, which allows retail investors and major players to be on the same starting line. It is the most suitable for retail investors.

Correctly Selecting Trading Instruments

1. Transaction fees: Relatively low transaction fees are important in short-term trading with high frequency, as they play a significant role in trading profits. Relatively low fees can reduce costs and minimize losses.

2. Small and continuous fluctuation points: If the proportion of each price fluctuation to the absolute price of the instrument is small, the risk brought by leverage in our trading will be correspondingly reduced. For example, Treasury futures and stock index futures.

3. Abundant trading volume: The size and continuity of trading volume determine its abundance, and an instrument with abundant trading volume can make entry and exit more smooth, greatly reducing slippage and the inability to enter orders.

4. Uniform trading volume: The distribution of chips is in the hands of most people, which is not easy to be manipulated by the market makers.

Cultivating Good Trading Habits

1. In principle, do not hold overnight positions. Because if there are overnight positions, I might watch the news and messages, but as a pure technical analyst, not holding overnight positions, maintaining a pure technical perspective, can maintain a better mentality.2. Generally, I avoid trading at the beginning and end of the morning session. Although there is significant volatility and poor technical analysis during the early and late morning sessions, investors typically make decisions after a night of contemplation and start to act in the morning. As a technical analyst, I choose to avoid this due to the poor technical analysis.

3. If I experience consecutive trading losses, I immediately take a break. After two or three consecutive stop-loss trades, I will stop trading, take a walk, have a glass of water, and reflect on my decisions until my mindset is restored.

4. I never chase gains or cut losses. If I miss the entry point, I will never blindly follow the market's rise or fall and open positions indiscriminately.

5. I prefer to trade a single product with a fixed number of contracts. When trading a single product, I become more familiar with it and can better grasp the market dynamics. By using a fixed number of contracts, I avoid adding or reducing positions, and I enter the market with a simplified mindset.

6. I repeatedly use proficient techniques and exercise caution with new ones. I am cautious when using unfamiliar new techniques, while for familiar techniques, despite being monotonous, if they are effective, I will execute them.