📈 10 golden rules for successful trading! 📈
In the trading market, wisdom is more important than luck. The following 10 rules are worth remembering for every investor! 🔑
1️⃣ Make profits rationally and stay away from emotions
Profits often flow from the pockets of emotional traders to the pockets of rational traders. Being calm and rational is the basis for winning the market! 💼
2️⃣ Breakthrough range
The price cannot stay in a certain range forever. The key is to seize the moment of breakthrough. 📊
3️⃣ Stop loss and let profit
Cut off losses and let profits run, so that successful transactions can achieve the maximum benefits! 💪
4️⃣ Light positions are important
The market is a game where big funds eat small funds. Light positions allow you to have room for adjustment in the trend or against the trend, so as not to be eliminated in one blow! 🏦
5️⃣ Light positions, against the trend, stop profit, compound interest
Light positions control risks, against the trend to prevent retracement, stop profit to lock profits, compound interest to create income, this is the whole secret of trading! 🔍
6️⃣ Follow the plan
Trading plans are only effective when strictly followed. Random deviations from the plan will only lead to losses. 📌
7️⃣ Study strategies like scientific research
Professional strategies require in-depth research and verification. If you make orders hastily, you will only be backfired by the market. 📐
8️⃣ Plan your trades and trade your plans
Make a clear trading plan and follow it strictly, knowing every step. 💼
9️⃣ Waiting and stop loss
Waiting is more important than stop loss, avoiding blindly chasing ups and downs. Wait until the best time, and then use stop loss to protect profits. ⏳
🔟 A cycle that suits you
The most important thing is to find a trading cycle that suits you, so that you can really make steady profits from the market!