This week, we bought back some NVDL and opened a position on AMD (because AMD launched the Mi300, which is comparable to the H100 or even the H200, and I personally think AMD's financial report is more likely to be surprised), and opened positions in energy and gold. Next, the AI sector should be in a phase of sideways fluctuation. If the market does not fall, capital will flow to make up for the increase. Profits have declined sharply as a result of a mistake in the operation of cyclical rights. It's definitely uncomfortable. It's really difficult not to take emotions into the deal. The weekend restarts next week~

Q1 Monthly Earnings Breakdown 👇
Overall yield curve 👇
First quarter deal win rate and top 5 winners 👇
SMCI is a two-trade transaction. The main position size during the cycling phase is 12-13%, and there are currently no positions.
NVDA is a single transaction. The size of positions in the main cycling phase is 11-12%, and there are currently no positions.
KOLD is a single transaction. The position size during the main cycling phase is about 3%, and there are currently no positions.
CVNA is a single transaction. The main cycling stage position is about 3%, and currently holds the remaining 1/3 of the position.
META is a single transaction. The main cycling stage positions: 8-9%, currently holding 3/4 of the remaining positions.
*It is worth noting that KOLD and CVNA both received large returns with small positions of about 3%, showing the impact of huge psychological advantages on trading. Similar returns on low-risk transactions are of profound significance to account growth ❤️
Despite more or less making some trading mistakes in the first quarter, the account still had a good positive growth due to the trading system and psychological aspects and the advantage of avoiding noise.
System advantages:
Probability of winning trades X average return of winning trades > probability of losing trades X average loss of failed trades.
Only the 4 variables “average loss of a failed transaction” are the most controllable and are the foundation of a successful trading system;
Psychological advantages:
The impact on the “average return on a winning transaction” is most important. Most of the details are profit protection for advantageous transactions already obtained and safer riding for a longer period of time...

I haven't shared it for a few days. After clearing NVDL and other pullbacks, I bought Google's Long Call. This week, I mainly participated in DJT's sell put. I found that when the volatility is high, the sell put is basically steady and profitable, because the volatility doesn't stay high forever and we make money even if the stock price falls, so this strategy is still quite steady. Looking back at this quarter, I made a lot of money, but I also lost a lot. After learning a lot of strategies and doing a lot of short-term practical battles, I discovered that offense was not the most important thing; defense was the only one. The most important thing a mature trader needs to master is the ability to control the withdrawal of funds. I am no longer looking for multiple increases in a year, but instead rely on my accumulated data and practical experience to make every decision to achieve long-term relatively stable compound interest to complete capital accumulation.