"Survival Guide of B Circle: 10 Rules of Experience to Help You Make Stable Profits"
1. Don't easily go all-in at any time
No matter how much money you have, don't go all-in easily. This way you can maintain a normal mentality, and you can attack or defend in operation, leaving yourself enough room for adjustment.
2. Eat the middle of the fish, and leave the head and tail to others
In trading, you only need to eat the middle part of the market. Don't greedily pursue the top and bottom, and let others take those risks.
3. Frequent operations will definitely lose everything; indecision will slowly bleed
Frequent trading often leads to exhaustion of funds, and indecision will make you slowly lose capital in market fluctuations.
4. Opportunities come from falling (bull market cycle)
In the bull market cycle, market adjustments and declines are often better entry opportunities.
5. B speculation mentality first, strategy second
Mentality determines everything. Trading strategy is important, but a healthy mentality is the cornerstone of success.
6. If you don't stop loss when speculating in B, you will definitely lose a lot of money
In trading, setting a stop loss is the key to preventing major losses. Not setting a stop loss can easily lead to a large loss of funds.
7. The market is generated in despair, develops in hesitation, and ends in madness
The market usually bottoms out when everyone is desperate, gradually rises in hesitation, and reaches its peak when it is crazy.
8. Greed is the rag of profit, and greed and fear are taboos in investment
Greed and fear are the biggest enemies of investors. Always be vigilant and stay rational.
9. Buying depends on confidence, holding depends on patience, and selling depends on determination
When trading, buying requires confidence, holding requires patience, and selling requires determination.
10. There are no absolutely accurate indicators, only retail investors who have a half-understanding
There are no universal indicators in the market, only retail investors who do not have a thorough understanding of the indicators. People who can use indicators can do it with ease, while those who cannot use them may be misled.