Don't trust the "I feel it will rise"; the market is always right! Xiao Wai summarizes with painful experiences:
• Stop-loss is a lifeline (if a single loss exceeds 5%, delete the software immediately)
• Admit your mistakes when you're wrong, hold on when you're right (last year, holding onto ETH made an extra 40% profit)
• Never be fully invested (black swans always target heavy investors)
Now that the market is chaotic, it's even more important to stick to the rules! For those who want to systematically learn “position management + stop-loss logic”, by following the “Iron Rules”, I will give you Xiao Wai's trading notes, turning your losses into profitable skills!