Fifteen Rules Every Trader Must Remember
1. Protect your capital; survival is the first rule for investors
2. As long as you are not greedy, making money is simple, steady small profits
3. Focus on a few varieties; never go all in; follow the trend
4. No heavy positions, no holding onto losses, no frequent trading
5. Don’t rush to buy, be decisive when selling, and don’t delay stop losses
6. You can't earn all the money, but you can lose it all
7. If you hit a stop loss, exit unconditionally; stop losses are always correct
8. Is short-term stability better or long-term stability? Taking profits is the safest
9. The only constant in the market is that extremes will reverse
10. Don’t trade without a market; missing trading opportunities is normal; just seize a part
11. Waiting for trading opportunities is always a hundred times better than looking for them
12. Stop trading after achieving daily profit goals; energy is limited
13. Stop losses are yours; profits are given by the market
14. Money comes from waiting, not from frequent trading
15. Mindset crumbles in the face of desire; strictly follow trading strategies to achieve unity of knowledge and action