Nine Survival Rules for Short-term Trading

1. Learn to wait; contracts are like passing the baton in a game, after a surge of emotions, there will inevitably be a correction, and a reversal follows panic. Use 20% of the time to earn 80% of the profits; this is an irreversible law of the market.

2. Never over-leverage; heavy positions can lead to emotional decision-making and a vicious cycle. Losses are normal; the key is in mindset and seeking new opportunities.

3. Be cautious when buying; do not act impulsively due to a straight-line surge. In a big market, opportunities abound. You must consider indices and emotions to make judgments.

4. Be decisive in cutting losses; when expectations are not met, make quick decisions. Never waste time on losses; seeking new opportunities is paramount.

5. Withdraw profits after significant gains; large profits often indicate market euphoria, and a correction is imminent. Withdraw in a timely manner to let the euphoria clear, adding color to life.

6. Respect the market; do not make subjective judgments about it. If funds have not chosen a direction, there is no need to stubbornly hold on. Engaging in the direction recognized by the market is the right path.

7. Do not take over after a peak; the market has reached a climax, and the baton game is about to end. Who is willing to take over the next day?

8. Try not to trade in the afternoon; the short-term situation has already become clear in the morning. When it’s time to act, you should have already acted. Streamline trading to avoid unnecessary entanglements.

9. Persist in reflection and summarization; failure is not to be feared, but failing to learn is. Let every failure become the foundation for success, so you can go further.