Eleven Iron Rules of Short-Term Trading! First Rule: Successful investment = strict mindset control + correct capital management + solid technical skills.
Second Rule: Diligent training, deep understanding, and enduring the pain that ordinary people cannot bear is the only way to become a professional short-term expert. There is absolutely no second method.
Third Rule: Professional short-term experts must possess a good professional psychological quality, correct capital management methods, and solid professional technical skills; these are the fundamentals on which professional players rely for survival!
Fourth Rule: The quality of operations is far more important than the quantity of operations. Success in stock trading requires "four hearts"—patience, meticulousness, determination, and ruthlessness. Fifth Rule: To understand classic phenomena and the essence of the stock market's laws, watching more, practicing more, and memorizing more is key to forming the conditioned reflex of professional operation instincts.
Sixth Rule: We cannot control the market and others; we absolutely must be able to control ourselves! We do not require being right every time, but we must require doing right every time.
Seventh Rule: Trying to do everything well is a form of advanced foolishness. Professional players only capture opportunities that are guaranteed to win and will never casually capture ambiguous things.
Eighth Rule: The iron rule of short-term trading for top experts—short-term attacks on stocks that are in a state of abnormal high-speed movement, where the internal sub-wave structure is safe and without flaws. It is absolutely not as simple as just buying stocks that are expected to rise.
Ninth Rule: Measuring the quality of a professional short-term expert is not solely based on profits. An even more important criterion is whether they can consistently act according to correct market laws and steadfastly execute their own trading plans while firmly defending their trading discipline.
Tenth Rule: Short-term or long-term is merely a method of investment profit, absolutely not the purpose of investment. The true purpose of short-term trading is to avoid participating in adjustments with too many uncertainties in stock price trends.
Eleventh Rule: Only when the market is at a high position or in a state of adjustment is short-term trading tactics the first choice of professional players. Being patient in waiting for opportunities and decisively striking when the moment arises is the most important basic skill of a professional short-term expert.
