Core Insights - The article highlights the trading strategies and philosophies of Li Chengjie, who won the second place in the asset management product group of the 19th National Futures (Options) Live Trading Competition, emphasizing risk control and trading rhythm [1][2]. Trading Philosophy - Li Chengjie's trading style is characterized by a combination of trend-following and swing trading, where trends provide direction and swings offer space for trading [1]. - He emphasizes the importance of time and patience over merely identifying market direction, especially in a less trend-driven market expected in 2025 [1]. Trading Strategy - The core strategy is "defense first, then offense," with a focus on strict adherence to stop-loss levels, position limits, and liquidity requirements [2]. - Li Chengjie employs a three-part position management approach: 30% for testing, 50% for holding, and 20% for defense, ensuring a sense of security during market fluctuations [2]. Emotional Control - Emotional control is deemed more challenging than technical skill in trading, with practices such as mandatory breaks after significant gains or losses and daily physical exercise to maintain mental clarity [3]. - The recent award is viewed as a new starting point, with plans to systematize successful strategies into quantitative models to minimize emotional interference in trading [3]. Market Outlook - For the fourth quarter of 2025 to 2026, the market outlook is cautiously optimistic, with a focus on precious metals, energy, and agricultural products while maintaining a defensive mindset [3].

Core Viewpoint - The article emphasizes the importance of adhering to principles in life, highlighting six key aspects: punctuality, etiquette, trustworthiness, discretion, maintaining one's heart, and moderation in relationships [5][6][21]. Group 1: Punctuality - Punctuality is presented as a fundamental virtue, reflecting respect for others and a commitment to agreements [9][13]. - A person's attitude towards punctuality indicates their principles and character, influencing their overall success [11][14]. - Those who are punctual are often seen as trustworthy and reliable, which can lead to greater achievements [15]. Group 2: Etiquette - The article discusses the significance of etiquette in interpersonal relationships, suggesting that being polite and respectful fosters goodwill and recognition [18][19]. - It stresses that a lack of etiquette can lead to social isolation and negative consequences in personal and professional interactions [20]. Group 3: Trustworthiness - Trustworthiness is described as the foundation of personal integrity, with the article citing the importance of keeping promises and commitments [22][23]. - An example is given of Song Lian, who exemplified integrity by returning borrowed books on time, which earned him respect and trust from others [24][29]. - The article concludes that the greatest wealth in life is not material but rather the trust and respect earned through honesty [30]. Group 4: Discretion - The article warns against excessive talking, suggesting that wise individuals know when to speak and when to remain silent [34][39]. - It recounts the story of Cao Zhun, whose downfall was attributed to his inability to control his speech, leading to conflicts and ultimately his demise [36][38]. Group 5: Maintaining One's Heart - The importance of staying true to one's original intentions amidst external temptations is highlighted, with the example of Cheng Wujin, a physician who remained dedicated to helping the needy [40][43]. - The article emphasizes that maintaining one's core values is essential for personal fulfillment and success [42]. Group 6: Moderation in Relationships - The article discusses the need for balance in relationships, advocating for appropriate boundaries to ensure lasting connections [44][50]. - It cites the example of Yan Pingzhong, who maintained respectful distances in friendships, leading to enduring relationships [48][49].