Set stop-loss for every trade, exit promptly when the market is unfavorable, and limit potential losses!
After a trend is established, be sure to hold positions and know when the trend has clearly reversed, so as to maximize profits from the trend and avoid the costs of frequent trading!
Traders who overly focus on short-term gains and losses are shortsighted; mature traders should pay more attention to making correct operations rather than focusing on temporary gains and losses!
The market is full of opportunities, but when one's own funds are uncertain, it is better to refrain from forcing trades and instead wait and observe.
The gains and losses in trading are too common and frequent, so it is important to downplay the impact of trading on one's mindset and avoid extreme emotions.
In a continuously trending market, pursue the trend without hesitation, and hold onto profitable positions, adding to them without closing.
Speculative traders often lack the patience to wait for opportunities; overtrading is one of the main reasons for losses.
Respect the market, and broadening your perspective is the beginning of profit! Only take a small portion from the vast sea! Only trade in markets you understand!
Patiently wait for the most promising trading opportunities, and find good entry points.
Diversify with light positions for swing trading.
Adhere to consistency in trading; the logic for opening and closing positions must be consistent. Major trends do not change easily!
Capital management is the first step to successful trading. Heavy positions can lead to quick demise!
Experts primarily focus on risk rather than making money!
The market requires patience; the first ten minutes after opening can be extremely volatile, so avoid impulsive trades!
When trading is not going well, do not trade; stop trading!