13. Don't try to dilute your losses. This is one of the worst mistakes a trader can make.

14. Don't leave the market just because you lose patience, and don't rush into the market just because you are anxiously waiting.

15. Avoid losing big money in the pursuit of small profits.

16. Do not cancel the stop-loss order you have set when trading.

17. Avoid entering and exiting the market too frequently.

18. Be as willing to short sell as you are to buy stocks. Just set your goal to keep up with the trend of the stock and make money.

19. Never buy a stock just because it is cheap, and never short it just because it is high.

20. Be careful not to use the pyramid trading method at the wrong time. You can only buy more after the stock is very active and breaks through the resistance level. Conversely, you can only sell more after the stock falls below the distribution zone.

21. Pick small-cap stocks and use the pyramid trading method to buy them as they rise, and pick large-cap stocks to short sell.

22. Never hedge. If you are long a stock and it starts to go down, don't short another stock to hedge it. Sell it at the market price and wait and see. If you lose this time, wait for the next opportunity.

23. Never change your position in the market without a good reason. When you trade a stock, you must have a good reason to support it, or follow a clear plan, and then, don't get out before there is a clear trend change signal.

24. Avoid expanding your trading size after a long period of successful trading or after a period of continuous profits.

Trading is boring waiting most of the time, waiting for the opportunity to enter the market or holding the target and slowly moving towards your goal. Trading cannot be done without creating opportunities, just waiting for the opportunity with high certainty and good cost performance. Considering that sometimes opportunities will be missed, or the situation is not very pleasing to the eye, I think it is quite normal to enter the market once every few days. You still have to relax yourself, don't be anxious and take your time. If you miss it, you miss it. In this way, after losing more on both sides, you will have more confidence to hold long-term orders and dare to increase your positions.

Well, the "Gann's 24 Rules" have been updated here! I hope these rules can help all traders, and I hope everyone can make more profits! Let's encourage each other!