1. Losing money without stopping the loss and not being able to hold onto profits is a common problem for most retail investors.
2. In investing, the most important thing is just four words: go with the trend. Shorting during an uptrend correction is self-destructive, and adding leverage is a fancy way of self-destruction.
3. The direction of the market is the collective expectation of all participants; don’t impose your own will on the market.
4. Win rate is not important at all; the profitability of a trading system has nothing to do with its opening win rate. Don’t be envious of others making a few points; you don’t know the losses behind it. Be patient and wait for your own opportunity.
5. Not all bullish candles in the market will make you money.
6. Opportunities are waited for; good hunters are not impulsive. In a volatile market, no one can make big money.
7. In the secondary market, there are not just 'buy buy buy' operations; closing positions, reducing positions, and standing aside are also operations.
8. For a retail investor with a few million in funds, there aren’t that many 'main force' or 'dog dealer' imagined enemies in the market. Your biggest enemy is your own greed and fear.
9. The secondary market is never short of stars; what it lacks are long-livers.
10. 70% of people in the market lose money. Really, there aren’t that many experts.
11. Stay rational and respect the market. In front of the market, everyone is chives. Be cautious; getting rich quickly has little to do with me.
12. Some trades, even if they result in a loss, are still correct, while some trades, even if they result in a profit, are still wrong.
13. In terms of returns, early risk control is more important.
14. Do not develop feelings for your positions. Large losses often come when confidence is high. The trade that costs us the most can be the one we are most confident in. 15. Each of the above points is very difficult to achieve and requires long-term practice. There is a long, long way to go between knowing and doing.
The market changes every day; you need to seize the right moment to act. If you are still too confused, you can click on my profile to follow me. I will regularly share some cutting-edge information and practical strategies to seize big opportunities together!
