Investing is an art that requires experience and discipline. Here are a few key principles to help you move forward steadily in the market:
1. Grasp the timing of entry
Don't lose your composure because of the rush to trade. It is better to earn less than to be passively locked in. Patiently waiting for the right time is often more rewarding.
2. Mindset is crucial
Mindset is often more critical than trends, news or technical indicators. Only by staying rational and calm can you make wise decisions in market fluctuations.
3. Reasonable control of leverage
The leverage should be controlled within 15 times at most. Excessive leverage is like gambling. Although it brings potential high returns, once the position is blown up, the risk is huge.
4. Develop a strategy that suits you
Develop an operation strategy based on your personal financial situation, do not blindly follow large funds, and do what you can to achieve sustainable returns.
5. Carefully manage positions
Always avoid full-position operations and keep a portion of funds for subsequent opportunities. Position management is the guarantee of long-term survival of funds.
6. Adhere to independent judgment
Maintain your investment beliefs and do not easily change due to external opinions, so as not to lose direction and judgment.
7. Strictly stop profit and stop loss
Avoid greed, put profits in pockets, steadily accumulate profits, and achieve long-term stable growth.
The above principles are all derived from practical experience, and I hope they can provide effective guidance on your investment path.