Capital management + trading rules = trading system.
Capital management is the framework, trading rules are the flesh and blood. First, build the framework, then add the flesh and blood, and you have a trading system. There is a saying that the secret of traditional Chinese medicine lies in the dosage, and the secret of trading lies in the position. Position management is of utmost importance in trading.
With position management, combined with understandable trading rules, you can ensure that you won't lose a lot of money from the very beginning, and even make a profit. Capital management is something to understand from the start; subsequently, you can gradually experience some high win-rate trading rules. These rely on experience, and over time, you will know and summarize in your mind what kind of K-line patterns have a higher probability of success, and then add these trading rules to your trading system.
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