Now many people only think of risk management after they have blown their accounts and lost everything. No matter how hard they try to persuade, there will still be those who lose everything. Because only at the moment of losing everything will they remember the repeatedly mentioned position management and asset allocation.
Life's position management is asset allocation. If you are fortunate enough to change your fate with a correct judgment, then you should not give yourself the chance to be knocked back to square one due to a wrong judgment.
Flow does not compete for first place; it competes for continuous abundance. There are always people who say that with small capital, there’s no risk taken, so how can one turn things around? With small capital, each trade occupies a certain proportion of your labor income. First, learn to recognize card types, then learn to manage your chips, and finally, manage your emotions after winning or losing. Don’t be arrogant when you win, and don’t get discouraged when you lose.
Life is just like a journey. That famous destination may not be much at all. The most beautiful scenery is on the road you climb over the mountains and cross the rivers on your way to the destination.
