Tomorrow is a holiday, so I want to wish all my friends a happy May Day!
I just suddenly remembered the turtle trading rule. Back then, Richard Dennis trained taxi drivers and piano teachers into machines that printed money with an annualized return of 80% using a mechanical trading system.
Turtle trader Curtis once lost 60% in a single day due to changing the rules without permission, but those who stuck to the system ultimately made 100 million dollars in five years.
The truth is that 80% of the profit comes from 20% of the correct trades, but you have to survive until that 20% comes.
In simple terms, the core idea is three words—be a machine!
Never learn from those who use 3x leverage and call themselves 'stable traders,' only to get buried by Luna after adding margin 18 times; they are just self-deceiving gamblers.