Market notes for people who prefer reading to guessing
Laolong is a small publishing project. We write about how markets are structured, how risk is measured, and why most trading mistakes are behavioural rather than technical.
What we publish
Market structure
How orders are matched, what liquidity means in practice, and where retail data actually comes from.
Risk arithmetic
Position sizing, drawdown maths and why recovery is not symmetrical with loss.
Reading charts honestly
What price history can and cannot tell you, and how hindsight distorts pattern reading.
Behaviour
The documented biases that show up in trading records again and again.
How it works
Notes are written in plain English and published in batches. There is no course, no signal service and nothing to subscribe to on this page. Readers who want to follow new posts can do so through our messenger channel, where each note is posted as it is finished.
Who writes this
The material is put together by a small group with backgrounds in market data and software. We are not licensed advisers, and nothing here is tailored to any individual's circumstances.
Contact
Questions and corrections: hello@laolong.store. We read everything, though replies can take a few days.