Just after entering the trading market for about ten days, I came across the content of K killing. At that time, I couldn't understand it. I couldn't explain why he said that. The more I didn't understand, the more curious I became. I wanted to figure it out, but I knew that problems couldn't be solved at the level of the problem itself. If I couldn't explain why, it was only because I knew too few facts. Even if I could recite other people's ideas backward, it wouldn't be useful. The only thing I should do was accumulate an understanding of objective facts.
About five or six months later, as my understanding of non-predictive trading deepened and with the continuous accumulation of objective facts, I finally grasped the core of this K killing model.
I summarize this type of trading model as: making money from inevitable market fluctuations.
Understanding the core of this method, you can know why K killing says what it does. This method can also act as an auxiliary to assist other methods, mainly used for defense. Shadows of this method can be found in all my trades.
I will only explain two of the most questioned and core concepts. Opening a position is not important (relatively unimportant); what matters is the ability to handle the orders. This, to me, is actually one problem.
Why say this? Because this method fundamentally allows you not to worry about market movements. It might be the best method to overcome human greed and fear. For example, the recent significant market fluctuations caused many people to panic, but people using this method, with training, can completely ignore market movements. They deal with orders based on the situation, only fearing that the market doesn't fluctuate, resulting in only small profits. The larger the fluctuations, the better, the more profitable.
Handling orders means following the market. It can be summarized as using future-oriented rules to predict the future. This is why opening a position is not important (relatively unimportant for this method) because market fluctuations are inevitable. Although positions may happen to be opened at tops and bottoms, such cases are rare. For this method, the initial position is aimed at achieving the smallest market and stop losses are minimal. Even if the positions are reversed, the loss is minimal.
If the position is correct, I follow the market. The scale of operations depends on market fluctuations. If the market fluctuates minimally, the operation scale is small. If the market fluctuates significantly, the operation scale is large. This approach avoids large losses due to small market movements in the incorrect position and ensures not just partial profit in the correct position.
In summary, trade according to "my market," not "your market." Since that's the case, the kind of market you encounter becomes unimportant. Whatever market arises, it becomes "my market." Thus, any market condition becomes unimportant, helping to eliminate greed and fear and avoiding emotional disturbances that affect accuracy.
This is a dynamic advantage game. While the principle is this, efficiency varies vastly due to individuals' differing cognitive abilities and rules.
Personally, I believe that opening positions is important, at least as important as the dynamic advantage game. They are like hands and feet. Therefore, while I use this method, it mostly acts as an auxiliary embedded in other methods, serving as a defensive shield and as a way to gain a slight advantage when predictions go wrong, preventing losses if purely predictive methods fail.
The controversial points in K-line are "opening a position is not important" and "trend is a false proposition." These are not wrong. We need to consider his system, not explain it from our standpoint. Telling a medium- to long-term trader that trends are unimportant will elicit scoffs. However, shifting to a one-minute cycle, it's clear that the probabilities of the price moving up or down are nearly equal, making trend judgments unnecessary. For instance, K line killing believes that making ten times the profit in a year is not difficult. Medium- to long-term traders might be outraged, thinking it's impossible, but from a short-term trading perspective, it's entirely feasible.
· The K-line itself holds no value. It's merely the carrier of rules. Discussing K-line apart from your own rules is meaningless.
· Traders speak only the language of rules.
· The core of trading is how to optimize order handling after opening a position—minimizing losses on wrong orders and maximizing profits on correct ones. If a position is losing, it's wrong. How you handle the order afterward depends on the situation.
· Real trading advances two steps and retreats one, not maintaining a constant pace. Stability itself is unreliable.
· The size of the stop loss depends on your expectation of profit magnitude.
· Any trading method may appear simple on the surface: just execute it. But in reality, it encompasses a trader's unique attributes—knowledge structure, habits, personality, experiences in trading. Even if I tell you a method, I might make money with it, but you might consistently lose because what is common sense or habit to me isn't for you. Our experiences and understandings differ greatly. Hence, building a trading system is a personal endeavor.
· To become a qualified trader in this special profession, one must undergo professional and rigorous training, develop good trading habits, and cultivate first-class execution ability. However, no external forces can assist you; everything depends on yourself. Many people work hard, but as I've seen, most don't focus on the key points, leading to repetitive mistakes due to lack of strict, professional, and harsh self-training.
· There is no fixed standard to refer to. Some fail due to a particular character trait, while others succeed because of the same trait. There is no uniform standard; the process is most important. Strictly speaking, anyone undergoing harsh self-training could become a qualified trader, but few truly subject themselves to such professional and rigorous self-training.
- I never keep a position overnight without a floating profit. Even with a floating profit, it must be enough to cover potential opening gaps to be kept overnight, so I cannot answer your question. Adding to a position must be considered beforehand. The average price after adding should be enough to hedge the current stop loss risk. After starting to add positions, the risk should no longer concern you. Learn to summarize your trading gains and losses daily. Summarize according to trading details after the market closes. Questions like "why did the losing order fail," "how to minimize the cost of failure," "why did the successful order succeed," "how to maximize the benefit," etc., should be recorded in a trading diary. These summaries must be written down, not just contemplated. Often review your summaries later. Replicate successful parts and avoid repeated mistakes. Persist for six months, and you will understand. This is a process of self-professional training.
These people never learn anything good because they completely reject any content showing the slightest negativity or differing from their own beliefs.
People are passionate about studying K-line technology, analyzing market language, hoping to gain investment insights and discover ways to make money. Everyone hopes to find joy in the market, but I prefer to find the unusual lethal energy in various K-line combinations.
Joy is a tool for making profits; lethal energy is a spirit for disaster avoidance. People enter the market with a mindset towards making money, with no one intending to lose. However, most people end up losing money, and only a few make money. This is because people, focusing on making money, are proactively attacking, thinking only of toppling opponents, without considering how to defend against attacks. When throwing a punch, people imagine knocking the opponent to the ground, but they don't simulate being hit in a vital spot. I prefer to think about how the opponent might strike before I act and how they might respond after I do.
So, while others study the joy revealed in the K-line, I prefer studying the lethal energy it reveals.
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