2024-10-26 [Overnight Performance Review]

2024-10-26 [Live Portfolio Overnight Performance Review] The main portfolio hit a record high last Friday but has been declining almost all week [awkward][awkward] Dropping every day! Taking profits and exiting! To reach a new high again, it needs to recover about 1.8%. Selling during such a decline is truly disappointing compared to selling during a flat or rising market. But disappointment aside, operations must follow principles and discipline—after all, regret and imperfection are the norms of life. A perfectionist mindset can't survive trading. The portfolio has gained about 11% over two and a half months with roughly 2x leverage. The election results will be out on the 5th of next month. Historically, the market has declined continuously in the weeks leading up to the past four elections over the last two decades. Combined with the upcoming earnings season starting next week, it's clear the market is already pricing in macro uncertainty and risk aversion! Will review over the weekend. If no perfect next target emerges, will wait for a few weeks to avoid market uncertainty. A new position has been opened in the small portfolio this week. ["Success comes from secrecy, failure from leaks" + "Dark Forest Theory" + "Quantum Collapse Effect" dictate that making money from "gold digging" requires silence, while "selling shovels" demands loud promotion for traffic. Both approaches are valid, but the current profit model is "gold digging," not "selling shovels." No need to update daily. Update rules: Post net value curve screenshot when the main account hits a new high; post main account position K-line screenshot when gains exceed 61.8% of expected returns. Small account screenshots won't be posted separately but will be included if conditions are met when the main account posts. Posting rules align with the main account.] ["Surviving long and earning steadily is more important than earning big! Always remember to cut losses when necessary! Cutting losses is like a 'nuclear button'—rarely used but crucial in critical moments. A loss on paper still means survival, and survival means opportunities for new highs! Not cutting losses is like running a red light: most times you might recover, but one misstep could wipe you out or even leave you in irreversible debt!"][Note] Keeping a real and public trading record. "Real" means full disclosure, ideally including codes; "public" means acknowledging that regulatory and psychological factors limit full transparency in investing—some things simply shouldn't be discussed publicly. After careful consideration, what’s both real and suitable for public discussion is the "logical consistency" of growing an account from small to large, reflected in the continuous display of net value curves and position K-lines. Codes, especially for single positions, aren’t suitable for public display yet. Only one position is held at a time, rigorously filtered through dozens of criteria, and held for 1-3 months. Publicly tracking the portfolio’s performance curve. Currently, there are two accounts: a main account (core strategy) and a small account (vanguard). No daily updates guaranteed, but all records are truthful. Updates are mandatory at new highs! If the portfolio hits a new high overnight, the post will start with [Main Account (Small Account) 2024 Nth New High].