The Truth About Trading: from 1,000 to 183 Million

This book has refreshed my understanding of futures. Thank you to the author. It is written very carefully. Previous books give you an idea and a rough framework. This is different. This is the Eighteen Palms of the Dragon. I have benefited a lot. Thank you 🙏author.

This book is very good! The author shared all his experiences and lessons, which felt very real, and he also disclosed his trading system, which is of great reference value. I especially like the trading misunderstandings mentioned in his book. They really hit the nail on the head. I feel that this book will be of great help to people like me on the road to entrepreneurship. It is full of useful information. I recommend it!

Very good, my entry and exit in the market are somewhat similar to what you said, but now the most important thing is to follow the trend [smirk] [snicker] This novel is most needed for novices. It is not like other novels that take a long time to tell like a fairy tale without a single key point.

It's well written. After reading it halfway through, I can see that the wrong path the author took is exactly the same as his original self, and his thoughts are relatively consistent. I look forward to the follow-up content.

I have been trading for about a year and a half, and I have used many methods, including support, pressure, trend lines, moving averages, etc. Looking back, I really feel that it is probability, but I don't like this kind of trading that is too systematic and feels like it has lost its soul. In fact, why do you say these are probabilities? Some tickets are solved by these methods, but they cannot be used for most of them. We have always believed that this or that method is suitable for this method. In fact, when we see this trend in a single time period or market, we think that this method can be used in the Oita market. In fact, this is wrong, but I think support and pressure are quite useful. Sometimes I hesitate, and I have been thinking a lot recently. I feel that it is really the price trend, and this kind of emotion

Very good, very practical information You can learn from it, but you can't trust it completely. Everyone's method is different. If you follow others' opinions, the quantitative strategy will lose its meaning.

To be honest, only those who have been traders for many years. Only then did I realize how good this book is. Beginners may not be able to understand it. This book gives people the feeling of parting through the clouds and seeing the blue sky after wandering in the fog for many years. It is the function of piercing the last layer of window paper.

The content is true and objective, and the ideas are very good. It is worth reading again and again.

The author's writing is more realistic, unlike many books that are written just to deceive people and write a bunch of incomprehensible theories. Prepare to use the author's methods in practice

When I read it for the first time, I felt like I said a lot, but I felt like I didn't say anything at all [laughs]

This system is very simple, that is, on the 30-minute chart, if the closing price of a K line is lower than the lowest price of the previous three K lines, then go short; if the closing price of a K line is higher than the highest price of the previous three K lines, then go long. If you previously held a reverse position, you can backhand directly. Simple right? It is very simple, does not predict the market at all, and it is a system that does not dismount and constantly backhands. I relied on this system, and it was quite high to make money at the beginning. However, the market conditions at that time were actually more suitable for this system. After a period of time, when the volatility of the overall market decreases, losses will continue. After I realized that the overall market volatility had become smaller, leading to losses, I started researching various filters.

The first half of this book actually focuses on one thing: > Debunk various "Holy Grails of technical analysis". The author suspected all the way: trend line support pressure indicator Volume K line pattern wave theory Various complex classifications Finally found: > A lot of things are "explanations after the fact". Because no matter how the market moves, the theory can come back. --- Then he slowly formed his core point of view: > What really matters is not the indicators, but market sentiment. That is: Is the market strong? Who is more anxious, long or short? Is the mood increasing or decreasing? Is the market going smoothly? --- Finally he thought: There are actually only three market trends that are truly worth doing and making money easily: 1. Very strong trend trend (Multiple cycles will go smoothly together) 2. Counterattack after the market deceives people (False breakthrough, false breakout) 3. Reverse market trend after emotional extremes In addition to this: > Most of the market conditions are actually very rubbish, and it is easy to get slapped in the face if you do it. --- So his final conclusion is: The system must be simple Don't build a one-size-fits-all system Don't add unlimited filters Don't be superstitious about complex theories Don't predict the market Don't do everything Instead: > Only do a few of the most confident, emotional and motivational quotes.

This is a rare investment book. In investment, we are always faced with the risk of loss and the opportunity of profit. At all times, many ordinary people enter the investment field for various reasons and pursue profits in the investment field. In the process of investing and chasing profits, investors are struggling and overcoming obstacles, but still fail to achieve their goals. The reason is that for me, I have never truly understood everything in the investment field rationally and objectively. This leads to feeling confused and hesitant during the investment process. For me personally, I think the content of this book is beneficial to my thinking on investment.

Mark's content is practical and no nonsense. It's very recommended to read.

A 10% profit of 1000 is 1100. If you lose twice first, a loss of 1000 is 900, and a loss of 900 is 810. It takes 23% to make a profit of 810 to 1000. Unless the position is fixed, if it is less than 1000, it will be replenished by 1000, and if it is higher than 1000, it will be transferred.

This is a book suitable for experienced readers who are in the bottleneck period of promotion. Many of the views in it are very accurate, and there is a sense of resonance that can clear the air from the clouds.

It's really good-looking, straightforward and simplifies the complex.

Pure dry stuff! Very professional. I just don't understand a lot of them.

A true portrayal of reality, various technical indicators, various errors and constant attempts to repair the system. Although there is no teacher to help in reality, this book has the way forward and the answers to the future. You can also be a teacher to illuminate the darkness ahead.

Didn't read from the beginning. I only saw the concept of system establishment and the subsequent dialogue. I can feel that the author is someone who truly understands the essence of trading. As far as trading books are concerned, this one is enough. Of course, the creation of the system depends on what style you like.

The investor's mental journey is well written. The author's ability to break out of the inertial thinking of retail investors inspired me a lot. Keep looking back!

A great trading secretary, the author is very attentive, thank you🙏

I was deeply inspired. I made a little money some time ago and felt that I had mastered the code of wealth. After reading this book, I was shocked to realize that I had deviated from my original intention and no longer wanted to abide by the discipline I had set. This is very dangerous and I must always be vigilant.

It's too late to meet, it's too late to meet. There are two types of people who are most likely to make profits in the market. One is the fast shooter who licks blood on the edge of the knife, and the other is the trend hunter like the author. Everyone's trading system is different and should be tailored to their own personality. This book is prepared for people who have certain experience and foundation in the market. If you could have read this book a few years ago, you may have avoided many detours.

The rules are similar to those of other trading systems. In fact, they are essentially the same. It does not prove that this trading system is good. The key is to find a trading system that suits you. Everyone knows the rules. It just depends on who can master all the rules and perform on the spot.

Very good, smart people just like to toss and must find order in disorder. It is also in the process of being verified and perfected. Once I see it, I must study it thoroughly. The collision between different subjects is the guide to the direction of progress.

This book provides me with a new kind of logical thinking. Through repeated reading and study, the author expresses his own operating ideas for everyone's reference. Each paragraph of text has been repeatedly thought and summarized, which is of great help to me.

Very true and useful, just like most great people.

This book opens a new window for us, a very good method and path.

The thinking is clear and it talks about many problems that are not seen in the market. It can be seen that the author has an extremely deep understanding of the market. If your trading has reached the technical stage and you want to go further, this book may help you clear up the fog. Thank you to the author 👍