A rooster lays eggs; a hen crows. It’s not his job forcing him to do it. As for the U.S. Defense Secretary Hegseth, he’s most likely about to lose his job. Actually, everyone can think about this: Bessent goes into action to repurchase U.S. Treasuries, then sanctions Iran—really, the purpose behind all of this is one thing: the midterm elections. Musk even puts in another $100 million to support Trump’s midterm election. To put it plainly, the midterm elections can’t be lost. Data can be changed; rate cuts can be kept with interest rates unchanged; the Middle East can pause. When the Middle East pauses, the person behind it is Hegseth. In the past few months, many people have been questioning Lao Shan. Lao Shan has said that rate hikes are impossible unless after the midterm elections. As mentioned earlier many times, you can also go take a look—especially before this big rally, Lao Shan predicted it. Gold, silver, and even the crypto market all rebounded. To put it plainly: what Trump needs to do now is to make everyone believe the economy is still very, very good—then he can win the midterm elections!
Let’s take another look at the market. In 3 days, it has pulled up nearly 15,000 points. Still, as the saying goes: somewhere there are kids crying every day, somewhere there are gamblers losing every day. Earlier, the shorts were eating while the longs were crying; now it’s the longs eating while the shorts are crying. Actually, in Lao Shan’s eyes, all of this is very normal. Don’t fight the trend. MicroStrategy has already broken even—99 billion lost just three days ago is now in the green by several hundred million. Ethereum is also very strong this time. After the currency team rallied, it’s stronger than before. The reason it looks strong is that Tom Li has been buying, buying, buying from behind the scenes and refusing to sell the whole time. That’s even better than MicroStrategy—it gives more investors hope. But you’re still your big brother. The upside is still greater than Ethereum’s. Yesterday, Lao Shan said that as long as it gets through and eats the key 78,000 level, there’s still a chance for an upward move. It even surged up to 79,500. Next, the 80,000 level is very, very important. As long as it breaks through and holds above 80,000, the final defense point for the shorts will be around 83,000. If it breaks there, there’s a chance to reach 84,000, but 85,000 will still face heavy pressure. As for Ethereum, it’s also very strong—after breaking through the heavy pressure at 2,500, the high reached about $2,549. Next, we’ll watch whether it can break the heavy pressures at 2,600 and 2,800. On the downside, focus on support at 2,400 and 2,300 only. If you already bought spot earlier, and you want to stay stable, you can take some profit/position off to make it safer. The pressure is still pretty big—wait patiently. It looks like it’s pumping hard right now, and many people think the bull market is here and rush in. Be careful—you might end up being slaughtered like pigs. If you’re not sure, just wait and see. Wait for a pullback, or stay in cash. Even though alts have rebounded somewhat, don’t blindly chase. The shorts have already been beaten down—they’re now at a massive liquidation scale unprecedented in history. That’s just how the trend works. Don’t fight the trend. If you’re not sure, just wait—stay in cash. Keep in mind: it’s not a “bull return,” it’s just trading expectations. I’m Lao Shan—thanks for watching. If you like Lao Shan, please follow!
You understand everything, but the account is still losing. The problem is never cognition—it’s execution.
You know stop-loss.
You understand position sizing.
You understand the trend.
You know not to chase pumps or cut at dumps.
You know not to trade too frequently.
You know better than to carry the whole single-handedly.
You know what—
You might even lose more than many professional traders.
but your account—
You’re still losing.
When you review your trades,
You can talk about everything in great detail.
why you’re losing today,
Because you didn’t follow the plan.
What should you do tomorrow?
Control your hands—wait for the signal.
You can even write very complete trading discipline.
But once tomorrow’s market opens,
You’ve forgotten everything.
When you see the rally, you still chase.
When you see the price falling, you still hold on.
when they see the account fluctuating, you still panic.
Those rules you wrote yesterday,
Not a single one was executed.
do you know where the problem is?
It’s not that you don’t understand.
It’s you who turned “knowing” into “doing.”
You think you’ve figured it out,
that’s exactly the same as doing it.
You think you wrote it down,
That’s the same as executing.
This is the biggest illusion in trading.
Cognition won’t make money for you.
execution is what will count.
You know stop-loss is right,
But if every time you reach your stop-loss level you don’t leave,
Those four words—“know stop-loss,”
For you, it’s worth nothing.
You know not to chase highs,
But if every time you see a huge bullish candle you still rush in,
That line—“knowing not to chase highs,”
They’re just deceiving themselves.
Jesse Livermore saw through this a hundred years ago.
He said:
In this market,
knowing what to do is one thing—
and whether you truly do it.
In between, there’s a deep abyss.
most people,
will stand on the side of knowing all your life.
aren’t losing to the market.
It was losing to the version of yourself that can’t do it.
some veteran traders who truly realize this problem,
will be before trading,
Open the 1929 Livermore Traders’ Charter.
It’s not about learning something new.
It’s re-confirming the red lines you wrote down.
They know that
Humans aren’t machines.
Forget it.
You’ll act impulsively.
they’ll find excuses.
So you need something you can see and touch.
At the crucial moment,
Pull “knowing” back to “doing.”
You don’t need more knowledge.
What you need is execution.
Even if you only do one thing per day.
And that’s stronger than knowing a hundred things.
Remember:
This market doesn’t reward the person who knows the most; it only rewards the person who can do it.#美元跌至三个月低点 #美股三大股指周线下跌 #特斯拉股价触及月内高点 #黄金反弹近5% #美国炼油商面临原油供应下滑 $BTC
