Several trading tips from the world's top traders:
1. Money is not made by frequent trading, but by patience.
2. In your financial career, you will constantly witness others fail because they do not respect risk. If you do not take it seriously, it will destroy you in turn.
3. Allowing losses to grow is the worst mistake most investors make.
4. You have to accept making mistakes from time to time. There is nothing wrong with making mistakes. Try to make the best judgment. If you are wrong, make the best judgment again. If you are wrong again, then make the best judgment for the third time and your funds will double.
5. There are three elements to good trading:
(1) Stop loss
(2) Stop loss
(3) Stop loss
If you can strictly abide by these three rules, you may still have a chance to succeed in trading.
6. If you lose money in the market, exit immediately. It does not matter which exchange you are in, because once you lose money, it will be difficult to make objective trading decisions. If the market deviates completely from your expectations and you insist on staying in the market, you will be eliminated sooner or later.
7. When the transaction is successful, I think: I made the right decision, but if I am wrong, then there is nothing. I need to accumulate funds because there will never be the next transaction.
8. Risks are always limited, so there is no need to worry about anything else.
9. Investment psychology is by far the most important factor, followed by risk control, and finally considering where to buy and sell.
10. Learn to accept losses. If you want to make a profit, the most important premise is not to let the loss exceed your tolerance.
Risks and opportunities coexist in the currency circle. If you have not found the right team and leader, you may wish to contact Caishen through Caishen’s homepage. Free dry goods and benefits will be shared with you. Remember, opportunities are always reserved for those who are prepared.