12.10 Wednesday

Emotion: Hesitated at the first marked position at the opening, missed it and suddenly became impatient, but adjusted immediately, then marked the retracement and successfully bought in. After buying, the market was a bit flat, didn't quickly reach my take-profit level, and impatience crept in again. Although I reflect every day, the moment of buying and the fluctuations afterward still bring uncontrollable emotions.

Review: Bought exactly at the pre-planned point, with a good mindset. The thought at the time was that if it didn't retrace to this level, I would rest and not trade today. Sure enough, the impatience eased immediately—no arrogance, no impatience. As for selling, it hasn't reached the take-profit level yet. If I really can't hold on, I'll just close the position and leave. Most likely, after today's meeting speech, it will fluctuate higher, and I'll verify it tomorrow.

Reflection: After buying today, there was a 20% drawdown. I was really hesitant about stopping the loss, setting three stop-loss levels in a row, with the last one being a -30% liquidation. Fortunately, it pulled back up. Although the result is good now, the emotions at the time were wrong. At first, it was about breaking even, but when the price dropped, I clearly felt unwillingness and kept lowering my bottom line. I ask myself: if it really retraced to -30%, would I have been able to cut the loss decisively? So, I'm really bad at stopping losses.

Take-profit isn't clear either. Today's entry was at the bottom of the phase, a very good buy. The price immediately rose to the previous high of the phase, with a 35% gain. If I had started taking profits in batches, I could have closed early, but I kept thinking about daily gains of 50%, 100%, or even 200%—so greedy, completely against the right mindset for intraday scalping. Although today's result was good, the problems exposed are fatal. Without change, I won't go far.

Didn't trade yesterday. Started binge-watching Ming Dynasty on Monday, which made me distracted, so I skipped trading on Tuesday. The biggest takeaway is: living long is the ultimate victory. Whether you're the emperor or a concubine in the cold palace, only by surviving to the end can you turn the tables.

Staying alive is always the most important thing.