As the year-end approaches, the market is also heating up. Last week's rally was quite good, but the one thing truly worth paying attention to is—risk.

Some people might get annoyed with me constantly talking about risk, feeling uncomfortable—it's okay, you don't have to listen. But at this stage, the two main groups of people going all-in are:

One group is trapped, unable to get out, so they simply close their eyes and keep lying down, purely out of necessity;

The other is more interesting—either they are newcomers who haven't suffered many losses yet; or they are veterans who are easily dazzled by small tricks from the main players. These people are the easiest to fall for; they get excited whenever the market goes up, and even after being beaten down a few times, they still don't learn their lesson.

Honestly, this business from start to finish is a game of risk management. Making money? That's not difficult. The real test is how to protect the profits already in hand. Many people have made big money, only to fall due to greed in the end.

That's all. Wishing everyone smooth operations ahead and to avoid basic mistakes.