Fund management, five principles:

1. You must set a stop loss when opening an order. You must set a stop loss. You must set a stop loss. You must develop a habit. If you are lucky, you will be trapped or your position will be liquidated!

2. The stop loss amount for each trial position shall not exceed 5% of the total amount.

3. Be sure to stop the loss after making a mistake in the trial position, and don’t try to increase the position hoping to avoid losing money! As long as the trend comes, you will be finished once (without chips in hand, you will never have a chance)

Strict stop loss, total capital loss of 30%, close the position and exit!

4. If you forget to stop the loss, close the position immediately after discovering it, wait for a rebound or correction before closing the position, and think about adding a position to cover the loss. Almost many big guys have died in this regard. You can carry it 10 times. As long as you fail to carry it once, the previous 9 times will be reset to zero!

5. It is initially recommended to use the 1:1:1 or 1:2:1 method to add positions. When opening an order, choose the method of trial position + adding position!

In short: stop loss if wrong, hold on if right!