
My account balance has now exceeded $1 million. The effective strategy I used is trend trading.
I have been investing in stocks for many years and have finally achieved some modest success. However, I certainly wasn't able to generate consistent profits right from the start.
Over the years, I've tried many trading methods, including technical analysis, chasing hot stocks, and investing in stocks recommended by others, but the results have been less than ideal. I gradually realized that the truly effective strategy is to trade with the trend.
I remember when I first started out: I spotted a tech stock that had been falling for several days, assumed it was cheap enough, and took a heavy position in it. Before long, however, it continued its decline. Not long after, it continued to fall. Not only did I not make any money, but because I was afraid of cutting my losses, I delayed and my losses grew larger and larger. That experience completely changed my way of thinking.
After that, I started focusing on trends, only trading stocks that had clearly strengthened, had increased trading volume, and whose prices were constantly hitting new highs and lows.
Once, I observed a small-cap stock that, after several weeks of consolidation, suddenly broke through a key resistance level with increased volume. I didn't immediately chase the high price, but patiently waited for a pullback to confirm support before entering the market. Although I didn't buy at the absolute lowest point, the stock subsequently embarked on a very steady upward trajectory.
I have grown increasingly convinced that the market is always a more powerful force than any individual's predictions. To achieve stable profits, one should not rely on guessing the bottom or on short-term luck, but rather on following trends, controlling risks, and patiently waiting for genuine opportunities.
To this day, I continue to use a trend-following trading strategy, respecting and following the market, rather than fighting against it. In the long run, this approach has provided me with a level of stability that is far more reliable than the occasional windfall of a speculative trade.