I have always advised everyone that beginners should use small amounts of capital to practice, at least minimizing losses. Many people think that 'hanging on' is easy, but in fact, it requires resisting many temptations. If one truly has the ability and skills, who would want to just hang on? Who wouldn't want to go all in and take the palace? But the reality is that most people cannot do this. In the market, do not focus on the market's rise; the key is how much you personally gain, what you take off the table is what truly belongs to you.
You can win many times, but as long as you lose once, you might lose all your previous gains.
So how to trade 'steady as a rock'?
1. Timely stop-loss: control the amount of loss, reduce the maximum drawdown, this is the most critical.
2. High profit-loss ratio: single trades should have profits greater than losses, maintain a good profit-loss ratio.
3. Trailing stop-loss: preserve profits until the market reverses and then close the position, try to capture the complete market movement.
4. Constant repetition: keep the strategy consistent and persist in execution.
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