Share some of my trading experience
First: Protect your capital, control maximum drawdown, do not stubbornly hold on, decisively cut losses when your drawdown is triggered
Second: Do not be greedy, aim for stable compound interest
Third: Do not diversify too much, never go all-in, trade in the direction of the trend
Fourth: Never use high leverage
Fifth: Do not rush to buy, be decisive in selling, do not delay in cutting losses
Sixth: Cutting losses is a hard truth
Seventh: Money can never be fully earned, but it can be completely lost
Eighth: Is short-term stability better or long-term stability? Locking in profits is the safest
Ninth: The one unchanging truth in the market is that extremes will reverse
Tenth: Missing a trade is normal, just focus on the ones you understand
Eleventh: Waiting for opportunities is more important than searching for them
Twelfth: Achieve your goals, then stop trading
Thirteenth: Cut losses are yours, profits are given by the market
Fourteenth: Money is earned by waiting
Fifteenth: The mindset is insignificant in the face of desire
I will occasionally share more market advice and strategies in the chat room. Friends who want to trade but lack direction can come and take a look
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