Four principles of fund management:
1. You must set a stop loss after opening an order. You must set a stop loss. You must develop a habit of setting a stop loss after opening an order. Don't think that you are hedging or have any fluke mentality. If you are still trapped or your position is still liquidated, you will die sooner or later.
2. The stop loss amount for each trial order shall not exceed 2% of the total amount (depending on your own risk tolerance. I suggest setting it at 1% at the beginning. If you can make stable profits, you can set it to a higher amount based on your own risk).
3. Strictly stop loss. When the total capital loss is 30%, close the position immediately and exit unconditionally.
4. If you forget to stop loss, you must close the position immediately after you find it. Never expect to close the position after a rebound or think about adding positions to spread the loss. Almost all big guys die in this way. You can survive 10 times, but if you fail once, the previous 9 times will be zero.
5. For initial learning, it is not recommended to add positions, just open a fixed position each time.
