Top Retail Investors' 10 Correct Understandings

1. Making money relies on a strong market

2. Follow the market when it is strong

3. Position management is key

4. Portfolio diversification is very important

5. Stay neutral in front of the market; having no opinion is the best opinion

6. Whether predictions are right or wrong is not important; what matters is minimizing losses when predictions are wrong

7. No one can accurately predict market changes; maintain a reactive approach, be slightly behind the market

8. Properly understand technology; know when not to use it, when to put tools away and achieve enlightenment, and when inaction is the best action

9. Position management is a discipline; those who can go to cash are the true masters

10. Trading is a philosophy and an art, not a science. When you focus solely on risks, profits will come uninvited!