Core Insights - The article highlights the importance of risk management and personal trading philosophy in achieving consistent profitability in trading [3][8][9] Group 1: Trading Philosophy - The trader emphasizes that capital management is more important than technical analysis, advocating for planned losses and profits where profits should exceed losses [8] - The trader believes in the significance of market trends and prefers to trade when a trend is established, indicating a preference for upward market movements [5][8] - The trader's approach includes never averaging down on losses, instead opting to reduce positions gradually and only increasing exposure when the market moves favorably [8] Group 2: Personal Experiences and Growth - The trader's journey includes a significant loss of 1 million in a single day, which he managed to recover from through disciplined trading and self-reminders [3][8] - The trader's success is attributed to a combination of personal experience, resilience, and a strong belief in his proven methods, rather than relying on complex theories [7][9] - The trader's background of overcoming financial hardship has contributed to his strong mindset and determination in trading [9] Group 3: Key Takeaways - The trader advises that trading success is not solely about following others' methods but about developing one's own approach based on personal experiences [8][9] - The trader prefers to focus on a single commodity for rolling operations, indicating a strategy of deep familiarity with specific markets [8] - The trader does not pursue stability but is willing to take significant risks when confident in market conditions [8]