1️⃣ Three Pillars of Trading:
"Successful Trading = Psychological Discipline + Trading System + Risk Management"
✅ Psychology Discipline:
Control Emotions, Don't Be Driven by Greed and Fear
It's not the technique that loses, but the mindset that collapses
✅ System:
Clear Entry, Exit, and Stop Loss Rules
Use Technical Analysis to Identify High Probability Trading Opportunities
✅ Money Management:
Decide the Risk Tolerance for Each Trade
The Goal is 'Long-Term Survival', Not 'Overnight Riches'
2️⃣ Successful Traders vs. Losers:
👨⚖️ Characteristics of Successful People:
Have a Plan, Don't Trade Based on Feelings
Strictly Adhere to Discipline, Don't Hesitate on Stop Losses
Be Able to Afford Losses, Don't Go All-In
🙅♂️ Common Affliction of Losers:
Emotional Trading: Chasing Gains and Cutting Losses
No Strategy, Relying on 'Sixth Sense'
Easily Close Positions in Fear, Add Positions in Greed
3️⃣ Charts are an Extension of the Trader's Brain
📊 Technical Analysis ≠ Predicting the Future, but:
Identify the Psychological Patterns of the Market
Recognize Changes in Bullish and Bearish Forces
Capture High Win Rate Entry Points of the Trend
⚠️ Note:
Technical Indicators cannot be used alone; they should be combined with Price Action
Trend > Indicators, don’t go against the trend
4️⃣ Control Risk, Always Prioritize Over Profit
🎯 Limit Each Trade to a Maximum Loss of 1%-2% of Account
💥 No Stop Loss = Waiting to Die
🔁 The Strongest Traders Don't Win the Most but 'Live the Longest'
5️⃣ Trade Like Running a Business
🧠 Every Trade is a 'Business Decision'
📒 Keep a Trading Journal, Continuously Review and Optimize
🧭 Forget 'Get Rich Quick Fantasies', Focus on Steady Growth
"The market is always right; the one who is wrong can only be you."
👀 If you want to survive long-term in the market, not just take a gamble, then you must repeatedly practice these 3 things:
✅ Psychology: Control Emotions
✅ Strategy: Execute System
✅ Risk Management: Protect Capital
Finally — — Wish you good luck
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