Shun Nan Feng

1. Investment and emotions are opposites. When it's time to talk money, don't talk feelings—focus on profit distribution. Don't get brainwashed by bullish hype or grand narratives. If you believe in it, also check if objective outsider capital believes it too (inflow/outflow).
2. Grow strong enough to cut losses decisively. Think of the process of dating a toxic partner and getting hurt repeatedly... One day, you'll reach a breaking point and walk away. Don't waste energy arguing—protect your resources and exit gracefully.
3. Only in a healthy, mature market does self-improvement matter. Your decisions and experience become meaningful positive accumulation, not distorted perceptions based on partial patterns.
4. Go with the trend, don't kick an iron plate stubbornly. If your judgment clashes with global capital flows, first reflect on yourself. In early-stage investing, the odds of 'everyone's wrong except me' are slim.
5. Learn financial literacy, study fundamentals. Focus on sectors, turnover, P/E ratios, dividends, cycles—absorb perspectives from top investors and analysts.
6. Master the behavior of a few core stocks for long-term trading. Quality over quantity.
7. Don't rush to buy the dip—watch out for 'catching the falling knife.' Especially when trends break or panic selling occurs. Left-side trading tests human nature; waiting for right-side opportunities is wiser.
8. Don't get greedy selling. Take profits in short-term plays; don't envy others' gains. For long-term assets, set realistic targets and occasionally trade around positions.
9. Leverage cautiously, be wary of complex instruments. Capital preservation comes first.
10. Diversify risks—never go all-in on one stock. Spread across sectors with some hedging.
11. Set profit-taking and stop-loss ranges in advance. Mistakes happen—cut losses fast, reassess, and re-engage.
12. No emotional trading. If no good opportunities, wait patiently. Market chances are endless—cash in hand means no anxiety.
13. Observe more, trade less. Avoid overtrading out of habit. A few good annual trades can hit your targets.
14. Your opponents are global capital and yourself. Exploit others' weaknesses while avoiding your own.
15. Invest to improve life for you and family—never overbet at the cost of well-being.
16. Keep learning, embrace the future.

First day in Hong Kong/US markets—organizing my thoughts. That's it for today; I'll review periodically. Investing is a marathon—pace yourself, grow steadily.