Summary of last night's live broadcast

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Eric @CycleStudies shared his trading golden rules, the core ideas are all here

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1. The core of trading lies in risk management, not simply pursuing profits. Stop loss points should be set for each transaction to avoid major losses.

2. Technical indicators should be used to help understand the basic laws of the market, not as a forecasting tool. They should be used to establish an objective market observation framework.

3. The market is complex, and there is a lot of noise in price fluctuations, so you should not try to predict the market, but focus on responding to market changes.

4. Traders should have a long-term survival strategy, rather than expecting quick profits. This includes having enough understanding and respect for the market.

5. For investors with limited time, fixed investment is a simple and effective investment method.

6. Becoming a successful trader requires a lot of practice and training, as well as a deep understanding and respect for the market.

7. Traders should focus on decision-making within the strategy framework, rather than being distracted by a large amount of market information.

8. Stop profit and stop loss should not be arbitrary, but should be determined based on calculation and risk tolerance.