Stock Trading "Crypto Trading Companion" 10 Iron Rules for Not Losing Money, A Must-Read for Beginners🔥
Rule [One R] Stop Loss and Take Profit, Ironclad Discipline
Set stop loss point (5% of principal) and take profit point (15% profit) before buying, execute immediately when triggered!
Rule [Two R] Diversify Investments, Don't Put All Eggs in One Basket
3-5 stocks from different industries, individual stock position ≤ 30%
Rule [Three R] Independent Thinking, Refuse to Follow the Crowd
Learn to read financial reports and industry trends, filter out noise
Rule [Four R] Control Position Size, Never Go All In
Full position mentality is prone to collapse, leave 30% for supplementary purchases to cope with crashes
Golden Quote: "The market's potential is limitless, always leave some for others to eat"
Rule [Five R] Long-Term Perspective, Stay Away from High Frequency
If the trend is upward, do not sell as long as the 10-day line is not broken; if the trend is downward, decisively stop loss
Rule [Six R] Use Technical Indicators to Assist Decision Making
Volume ratio > 1.5, RSI > 50, three consecutive bearish candles at high position must run
Rule [Seven R] Emotion Management, Refuse Greed
When making a profit, want to double it; when losing, want to break even—certain loss! Reduce position by 50% when profits exceed expectations, mandatory cooling-off period during losses
Rule [Eight R] Avoid Leverage, Invest Spare Money
Only use money that can be left untouched for 3 years, no leverage, no gambling with one's fortune
Rule [Nine R] Value is King, Only Buy Good Companies
ROE > 15%, Debt Ratio < 50%, Stable Cash Flow
Low-priced stocks ≠ value stocks, may be junk
Rule [One R][Zero R] Pay Attention to Policies and Macroeconomics
Policy Direction + Industry Trend = Investment Safety Net!
[Look R] What is the biggest pitfall you have encountered in stock trading?