EUR/USD
1.14879
-0.265%
Gold
3996.89
-0.110%
Oil
60.018
-1.328%
USD/JPY
153.551
-0.421%
GBP/USD
1.30613
-0.587%
GBP/JPY
200.561
-0.999%
Real-time News
Ukrainian President Zelensky: Despite being at war, Ukraine continues to implement reforms in accordance with European standards.EU Enlargement Commissioner Coase: The pace of reform implementation has slowed significantly.Saudi Aramco CEO: We expect global oil demand to reach 106 million barrels per day in 2025, and demand growth will remain strong in 2026.1. Trading, like any skill in human society, is easy to learn but difficult to master. Improving trading skills is like self-reconstruction after a breakthrough in life. The solutions to current problems are often deeply rooted in the initial soil, requiring constant "looking back" to rethink the "roots." One of the reasons for the markets existence is the coexistence of risk and profit. Risk can only be controlled, not eliminated. Every method of profit acquisition, like everything else, has a cycle of growth, flourishing, and decline, but the essence of profit acquisition is evergreen. 2. The "Tao" is ethereal yet omnipresent, yet it must be expressed and manifested through "techniques." Like the pyramid ecosystem, lions have their way of life, and ants have their way of survival. You must find your own "time" and "space" positioning. For different trading models, different market perspectives, or different peoples different analytical methods, the market has times when it is suitable or even perfectly aligned, and times when it is very unsuitable or even completely contrary. 3. The market can be simply viewed as a combination and interweaving of two different patterns: oscillation and unidirectional trends, forming fluctuations. In fact, oscillation contains unidirectional trends, and unidirectional trends contain oscillations. Price is merely a concrete manifestation of fluctuations. Therefore, if we focus less on the quantity of price changes and more on the nature of those fluctuations, the survivability and sustained profitability of many trading patterns may be significantly enhanced due to the fundamentally different underlying principles. 4. Effective technical tools are often simple; I generally use moving averages and chart patterns. Early in my investment career, I consistently reviewed over a thousand candlestick charts daily for many years. My decisions were closely related to the pattern recognition results from my mental "chart library," although sometimes this process was instantaneous. In the investment process, people tend to focus on things that seem to have a very high probability of success; my understanding is that the higher the probability, the more vulnerable the market. Chart libraries are static, but human learning ability is dynamic. Humans are the most intelligent of all beings; while machines retain certain characteristics, human characteristics can evolve relatively. 5. Correct trading requires constantly examining ones past, present, and future and matching them with the correct relationship to the current market. Therefore, continuous self-analysis is paramount for successful trading. As long as you firmly believe that your system has the ability to grow assets, you dont need to overemphasize the fluctuations in the normal process; doing the right thing will inevitably lead to the right result.Vitol Energy CEO: Its not unrealistic for oil prices to reach $60 per barrel next year.
