Hot money [a flash of light)
5 sentences learned from a loss of 40 million
1. True leaders need to survive the catastrophe, and only those who survive the catastrophe are called true dragons.
2. Avoid impulsive actions, and only trade plans. Impulsive actions often cause big losses.
3. The more uncomfortable the buying point is, the more likely it is to make big profits. Buying diverges and selling are consistent.
4. The emotional cycle determines the future, and the popularity of the sector determines the leader. The divergence against the trend leads to unification.
5. The predecessors taught that when trading, first deal with the positions on hand, and then start the next one.
Multiple and short tips: entry position and stop loss position!
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