When it is difficult to make money, controlling your hands and losing less money is making money. I usually stop increasing my operations after losing two times in a row, so as to avoid being slapped by the market.
Some people asked me how to control my hands. What should I say? The key is not to be in debt, and to have a cash flow to maintain life in addition to investment. For example, it is best to pay off the mortgage of the self-occupied house before investing.
Some people think that when things are going smoothly, they don’t have enough capital, so they like to cash out online loans to invest, which actually affects their mentality. And when making money, it’s okay. When you are waiting to lose money or are stuck, it is easy to have the mentality of "a penny can make a hero fall" and wait for the rice to come out.
The premise of making a lot of money is to be able to wait. Investing is essentially exchanging time for money.