"28 Iron Laws of Trading"

1. The trend of each transaction must not exceed 10% of the transaction amount!

That is, 10% of the transaction amount is the maximum amount of loss we can tolerate for each transaction.

2. After entering the market, you must not close your position rashly due to lack of confidence and patience.

3. Set and use stop-loss orders carefully to avoid unnecessary losses

4. Excessive trading behavior is strictly prohibited! That is, it is strictly prohibited to conduct transactions that exceed one’s own affordability and actual capabilities.

5. Profit taking must never occur, and trading rules must be used for effective control!

6. Never trade against the general trend!

7. If the market situation is unclear, you should stop operating immediately!

8. Only trade in active markets!

9. You can only select 2 to 3 or a small number of trading targets for simultaneous trading!