Trader must memorize fifteen rules

1. Protect your capital; survival is the first rule for investors.

2. As long as you are not greedy, making money is very simple; stable small profits.

3. Do not diversify too much; never go all in; go with the trend.

4. Do not overtrade, do not hold onto losing positions, do not trade frequently.

5. Do not rush to buy, be decisive to sell, do not delay stop-loss.

6. Money can’t be earned endlessly, but it can be lost completely.

7. If stop-loss is triggered, exit unconditionally; stop-loss is always correct.

8. Short-term stability or long-term stability, cashing in is the most stable.

9. The only constant in the market is that extremes will reverse.

10. Do not trade without a market; missing trading opportunities is the norm; just catch a part.

11. Waiting for trading opportunities is always a hundred times better than searching for them.

12. Stop trading after achieving daily profit targets; energy is limited.

13. Stop-loss is your own; profits are given by the market.

14. Money comes from sitting and waiting, not from frequent trading.

15. The mindset is fragile in the face of desire; strictly follow trading strategies and achieve unity of knowledge and action.