Market transactions have suddenly surpassed 2.9 trillion, and in such a market environment, there's no need to think about "smart trading" every day. As long as you closely follow the main market trend, it is actually those who hold firmly and are willing to be a bit "dumber" that can reap the biggest rewards.

As long as leading companies do not experience massive divergence or break below the five-day moving average, appropriately withstand volatility pressure, and hold tightly to their chips, this is the smartest approach.

The current market shows all the characteristics of a super bull: the entire market is boiling with enthusiasm, and some are even calling out various aggressive targets. But think calmly—why can trading volume continue to explode after the holiday? The logic is quite clear—the market needs to steadily push the index past key integer levels. Why push through? Frankly, this is the critical window for annual consumption stimulation. The profit-making effect in trading markets is used to boost the confidence and consumption desire of ordinary traders.

By making hundreds of millions of trading accounts look prosperous, the basic consumption foundation will naturally stabilize. Once you understand this logic, all kinds of technical indicators can be set aside for now. The market is never dictated by technicals; it is the underlying economic logic that determines the direction.

Someone asked: With a transaction volume of 2.9 trillion, does it indicate that the market can reach higher targets? The realistic judgment is that this possibility is very slim, mainly for three reasons:

**The first and most pointed issue: actual corporate profits do not match the rise in stock prices.** A rise detached from fundamentals is ultimately an illusion. When prices go up, everyone is happy; when they fall, it’s ruthless trampling. Remember, the market itself does not produce wealth; it redistributes existing wealth. If everyone is making money, whose money are they making?

**The second logic concerns the economy itself.** The real economy is the foundation. If simply speculating on trading can easily make you rich, who would bother to do solid industrial work or real industry investments? A moderate bull market can provide financing for tech companies, but if it goes overboard, it will force tech firms to abandon R&D and focus on trading, with major shareholders cashing out, ultimately harming the vitality of the entire real economy.

**The third and very practical constraint: transaction volume simply cannot support such high targets.** To stabilize at higher levels, daily trading volume must at least stay between 3 trillion and 3.5 trillion. Do you think this level is realistic?

More importantly, remind yourself: as long as you haven't truly exited the market, the floating profits on your account are not real realized gains. Looking back at the 2015 market rally, everyone was making money, but how many actually managed to keep all their profits and walk away unscathed? So, you must stick to your trading discipline and not disrupt your rhythm just because others are making quick money. Flowing water never competes to be first; what truly matters is how far you can go.

Doing the "questions" within your ability is enough to surpass most fund managers and professional investors.

Those new concepts and new tracks that sound mysterious are better approached with caution. For example, some high-end, sophisticated frontier fields may sound impressive, and technical jargon can be intimidating, but how the industry chain is laid out and how large the industry scale really is are all black boxes. Leave these tracks to those funds that like to chase the wind.

Always adhere to a core investment principle: only invest in genuine supply chain leaders, only in stocks with real performance growth, and only in targets that the market truly lacks.

Stick to these three points, and you will outperform many trading techniques and strategies that require extensive research.