I spent quite some time studying the strategies of short-term and medium-term trading, but honestly, for my capital size, long-term investing offers a better cost-performance ratio. The beauty of trading is that it gives me a sense of participation, providing a comfort during the long process of waiting for compound growth, so I won't feel too bored😢

There's a rather sobering perspective: most of the big money comes from investing, from grasping trends and structural judgments. The role of trading is to help you preserve, amplify, and accelerate that money.

When your capital is still small, making trend judgments is mainly about practicing cognition. But once your capital grows, the trend itself becomes a form of productivity. This brings us back to a fundamental difference—

Trading profits come from operational differences, while investing profits come from scale differences.

Operational differences have a ceiling. No matter how skilled you are, you can only earn a few percentage points per year. But scale differences are different; almost without limit. The same judgment and the same operational logic, investment returns will be proportionally amplified with the principal size. That’s why my strategy is: divide the funds into two parts, with the main portion doing medium- to long-term investing, and idle funds used for trading. Proper position management allows participation in market rhythm without being hostage to short-term fluctuations.