Ten Pieces of Advice from Master Si for Spot Investors:
1. You can trade short-term, but do not operate frequently.
2. Do not make impulsive buying and selling decisions while watching the market; do not act too hastily, and operate according to plans and rules.
3. The more obvious the trend, the easier it is to make a profit; therefore, do not trade during unclear trends or consolidation phases, only follow clear major trends.
4. Do not gamble on directions; a trend can only be considered to have the possibility of changing when the time or amplitude exceeds the previous trend.
5. Do not take large positions to avoid hitting stop-losses due to minor fluctuations.
6. Do not reduce stop-loss points to increase position size, leading to frequent stop-losses and ultimately unable to withstand normal fluctuations.
7. Do not enter or increase positions during sharp rises or falls with significant volatility (increasing positions turns into gambling on direction; you should only close positions and observe).
8. What determines winning or losing is the entry point, not the direction; therefore, you must build positions during corrections in the major direction.
9. Close positions at the first reversal after a sharp rise or fall to prevent trend reversals.
10. Making money in the direction of the trend should be done slowly, while making money suddenly (rebound) or losing money should be done quickly.