My Trading “Three Swords”: Only Trade Uptrends, Only Take the First Retest, Only Buy High-Volume Breakouts
My Trading “Three Swords”: Only Trade Uptrends, Only Take the First Retest, Only Buy High-Volume Breakouts
There’s a scenario like this: an experienced surfer enters a top-tier surfing competition. Before the event, he’s full of confidence, believing he can conquer any kind of wave. But once the competition begins—wind picks up, waves get rough—he stands up every time he sees a wave and chases after it. In the end, he’s repeatedly pulled under by unpredictable undertow currents, exhausting his strength. The eventual champion, meanwhile, stands up only three times throughout the whole event—he only catches those massive waves with a clear “surging” direction, while the rest of the time he stays prone on the board, observing.
We can predict the outcome: the surfer withdraws early due to physical exhaustion, while the champion lifts the trophy.
As you can see, the dividing line between a skilled person and a loser isn’t whether you’re brave—it’s whether you’re picky. Trading is the same: we can’t defeat the ocean of volatility; we can only choose the wave that belongs to us.
I remember a book that explains the value of “restraint”: “In the ultimate showdown between experts, it’s not about who knows more. It’s about who can control their own hands. What often determines long-term results isn’t how many flashy techniques you add, but how many useless actions you delete.”
The book also gives an example of practicing swordsmanship. The gist is: when ordinary people pick up a sword and wave it around randomly, it’s just a way to vent. But if you train only one move—“thrust”—and practice it 50,000 times, you become a swordsman. If you practice that same single move 500,000 times, you become a master of the sword path. Ultimate mastery is achieved through deliberate “narrowing.”
If you want to treat investing as a lifelong calling, the first step isn’t to learn complicated indicators—it’s to cut out 90% of the trades you shouldn’t be making. If you only had one year, you’d probably want to catch every impulse. But if you’re given a twenty-year cycle, you’ll surely understand: good hunters are good at waiting. So how do you get through this long waiting? You must build an ironclad entry filter, filtering out every ambiguous opportunity.
$TAIKO
My Trading “Three Swords”: Only Trade Uptrends, Only Take the First Retest, Only Buy High-Volume Breakouts
There’s a scenario like this: an experienced surfer enters a top-tier surfing competition. Before the event, he’s full of confidence, believing he can conquer any kind of wave. But once the competition begins—wind picks up, waves get rough—he stands up every time he sees a wave and chases after it. In the end, he’s repeatedly pulled under by unpredictable undertow currents, exhausting his strength. The eventual champion, meanwhile, stands up only three times throughout the whole event—he only catches those massive waves with a clear “surging” direction, while the rest of the time he stays prone on the board, observing.
We can predict the outcome: the surfer withdraws early due to physical exhaustion, while the champion lifts the trophy.
As you can see, the dividing line between a skilled person and a loser isn’t whether you’re brave—it’s whether you’re picky. Trading is the same: we can’t defeat the ocean of volatility; we can only choose the wave that belongs to us.
I remember a book that explains the value of “restraint”: “In the ultimate showdown between experts, it’s not about who knows more. It’s about who can control their own hands. What often determines long-term results isn’t how many flashy techniques you add, but how many useless actions you delete.”
The book also gives an example of practicing swordsmanship. The gist is: when ordinary people pick up a sword and wave it around randomly, it’s just a way to vent. But if you train only one move—“thrust”—and practice it 50,000 times, you become a swordsman. If you practice that same single move 500,000 times, you become a master of the sword path. Ultimate mastery is achieved through deliberate “narrowing.”
If you want to treat investing as a lifelong calling, the first step isn’t to learn complicated indicators—it’s to cut out 90% of the trades you shouldn’t be making. If you only had one year, you’d probably want to catch every impulse. But if you’re given a twenty-year cycle, you’ll surely understand: good hunters are good at waiting. So how do you get through this long waiting? You must build an ironclad entry filter, filtering out every ambiguous opportunity.
$TAIKO