Lin Guan Fei

Passionate trader on a mission to boost trade accuracy by mastering the psychology behind each move. 📈🧠
Join the discord, AMA:

[Lin Guan Fei @Gfeitrading]

LIN GUAN FEI said: there are many types are traders out there.

Here are the 3 types of trader you never knew you were.

A thread 🧵
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[Lin Guan Fei @Gfeitrading]

@claudeai Is it 2x usage on the entire 5 hours or the remaining amount of the 5 hours. What happens if I use 60% before 5 AM PT, will it drop or just take longer to use?

[Lin Guan Fei @Gfeitrading]

LIN GUAN FEI: The market BREATHES, it EXPANDS and CONTRACTS.

[Lin Guan Fei @Gfeitrading]

LIN GUAN FEI said: "the market is always in a certain well defined position, no matter what conditions may be. It is either in a strong uptrend, or in a slow advance, or in a reaction, or a rally from a reaction, or in a recovery from a slump, or in some other position which he is able to discern and designate. At times, the situation is so evenly balanced that he regards it as in a neutral position. In that case, he favors neither the long nor the short position. He waits for a definite trend before taking a full line of trades, although he may deal in a few issues promising immediate results."

[Lin Guan Fei @Gfeitrading]

LIN GUAN FEI said: the accuracy of how much you are right is not a proper association of how much you can put in at the base of your pyramid.
A pyramid starts off with a large base 1 block at the time, once the base is completed, you can start add more and faster, but only then.

[Lin Guan Fei @Gfeitrading]

Instead, green is for short and red is for long. It just depends how much capital you have at hand to keep up with the big waves.
The less you have, the more you have to focus on small swings and potentially only intraday swings.

[Lin Guan Fei @Gfeitrading]

LIN GUAN FEI said: when a whale shorts, the price goes up because to put short orders, you are buying the entry price at whatever limit order there is, this makes the price go up; and vice versa. You have been taught wrong your entire life, green for go and red for stop.

[Lin Guan Fei @Gfeitrading]

LIN GUAN FEI quotes: Elbert Hubbard: "Every man who expresses what he honestly thinks is true, is changing the Spirit of the Times. Thinkers help other people to think, for they formulate what others are thinking. No person writes or thinks alone —thought is in the air, but its expression is needed to create a tangible Spirit of the Times. The value of the thinker who writes, or a writer who thinks, or a business man who acts, is that he supplies arguments for the people and confirms all who are on his wire in their opinions, often unuttered."

[Lin Guan Fei @Gfeitrading]

LIN GUAN FEI said: regulate your own personal cycles and it will reflect itself unto the market cycles
It is not so much a matter of good and bad, bull or bear; but it is a matter of balance and knowing what to do in both directions.

[Lin Guan Fei @Gfeitrading]

LIN GUAN FEI said: your core needs to be strong so you can support the branches that will grow out of your being.
Opportunities arise out of life when your roots are grounded deep for support during the storms.

[Lin Guan Fei @Gfeitrading]

LIN GUAN FEI said: you can enter a high probability trade that occurs frequently if you wait on the sideline for it to reveal itself to you.

[Lin Guan Fei @Gfeitrading]

LIN GUAN FEI said: pyramiding from your base should be only when the market trends in the direction of your analysis.

[Lin Guan Fei @Gfeitrading]

LIN GUAN FEI said: follow the rally, if you are wrong; it is because your entry is too risky and you are being impatient.

[Lin Guan Fei @Gfeitrading]

@Learnernoearner What platform did you use to leverage?

[Lin Guan Fei @Gfeitrading]

LIN GUAN FEI said: the goal is to not lose your position, if you are fishing and reeling a fish, you don't stop the lure when the fish pulls back, you stop when the fish is reeled in.
Don't lose your fish.

[Lin Guan Fei @Gfeitrading]

If you've made it this far, thank you for taking this time to read this.

I want you to know that creating and accumulating is only part of the equation to wealth, I can humbly admit that preserving through risk management is THE variable that determines whether you STAY wealthy over time.

"The truth will stand the test of time."

I hope this was a good reminder to go back to the basics to understand how far you have came.

In order to bridge all of this, we need to understand that a pyramid is built from the ground up and when finished, we have to move away from what is in front of you to see the full beauty of the structure.

The same thing can be said of trading, you build your positions one-by-one, step-by-step and one day, the pyramid is completed. It stands on its own and should be difficult to destroy because each brick was laid out with precision and carefulness.

A strong bedrock (position from class C) will lead into elevated bricks (adding from class B) to eventually fill out the outer edges (sharpening from class A). The accumulation and distribution of your bricks (positions) are and were always man-made.

You can do it because as the Romans once said: "Rome was not built in a day".

[Lin Guan Fei @Gfeitrading]

LIN GUAN FEI said: unpopular opinion on what trading strategy is.
It is not about being right or wrong, it is about whether or not it will occur; a good strategy will "occur" more often and you will have "more probability in your favor" to make money

A thread 🧵
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[Lin Guan Fei @Gfeitrading]

Risk in trading Class C strategies involves a constant need for education on the matters of finance and trading while maintaining a detachment of how personal each trade are when you are losing money.

This is the first lesson you will be told about trading and a lesson that you will carry with you until you stop trading when you die.

One of the key pro and con of Class C strategies is that they can take a very long time before you are able to see another one beginning. Frequent class C strategies occur on a basis of months to years, from 68 to 1800 days and more.

The reason it is a pro is because this allows you to build a pyramid over centuries like the Egyptians.

The cons are that by the time it is done, you might not still be around as soon cycles can persist for a very long time.

The example chosen is NASDAQ, since 2009 to the present; the cycle has been continuous and there is wealth to those who bought and keep buying from the beginning but for a new adult coming into the workforce and starting to invest, the pyramid is already half built and profits are cut up.

Of course, the advantage of the trading market is that there are many sectors and each breathe on their own rhythm. You will always be able to find a sector that has something for you if you observe it for long enough with the accumulated experience of C, B and A combined together.