Remember when I first entered the industry, my mentor patted my shoulder and said a heartfelt words: Experts die in volatility, beginners die in trends.

At that time, I was just starting to watch the charts, listening with a vague understanding, thinking it was just a routine reminder, casually jotting it down in my mind. It wasn't until experiencing several rounds of market ups and downs that I slowly appreciated the weight of this statement.

The recent market performance has vividly demonstrated this principle.

Whenever a trend starts, the reactions of beginners are almost uniform—the old routine of chasing highs and selling lows. Either they watch the market rise and miss the opportunity, then blindly jump in; or they finally get on board but greedily refuse to cut losses, only to be pulled back and trapped. And those veterans who think they are experienced often stumble in the volatility. Frequent trading, meticulously calculating every point, only to be pulled back and forth repeatedly, with their capital gradually evaporating in this "game."

Honestly, if you didn't catch this trend, there's really nothing to regret. Holding a cash position and observing shows a clear mind; when you truly can't bear it, cutting losses decisively is also a form of rational self-protection.

What’s truly dangerous are two extreme mindsets: beginners blindly following the trend, and veterans overconfident in volatile markets.

After doing trading for so long, the biggest gain isn't learning how to predict precisely, but understanding what truly matters. You must stick to your rhythm and not let emotions or fear influence your decisions. This is the hardest lesson in trading.