$NASDAQ Composite Index(.IXIC.US)The essence of trading is profit, not the level of cost.

Today, let's talk about the difference between short-term and long-term trading. In the T+0 futures market, there is no absolute short-term or long-term trading.

As traders, we first need to determine our trading style—short-term or long-term.

For short-term trading, in my case, I would exit immediately with profits of 50-100-150-200 points on the Hang Seng Index, then look for new opportunities and directions, while keeping stop-losses relatively small. Of course, it's not absolute short-term trading; if the market moves in one direction on the day and we happen to be on the right side, we can hold the position for the day to maximize profits, but we never hold overnight.

For long-term trading, we first determine the major trend, then place orders. If losses occur during this period, we can continue to add positions to lower the cost basis, or add positions when profitable to expand the position size—ultimately aiming for maximum profit. Long-term trading should also be flexible; if the market moves 500+ points in our favor on the day, we can adopt a short-term mindset—avoid greed and don't hold losing positions.

Personal opinion, for reference only.