Fifteen Rules Every Trader Must Memorize
1. Protect your capital; survival is the first rule for investors.
2. As long as you are not greedy, making money is simple; stable, small profits.
3. Never go all in; go with the trend.
4. Don’t rush to buy, be decisive in selling; don’t procrastinate on stop-loss.
5. Don’t over-invest, don’t hold onto losing positions, don’t trade frequently.
6. You can’t make endless money, but you can lose it all.
7. If you hit your stop-loss, exit unconditionally; stop-loss is always correct.
8. Short-term stability or long-term stability, cashing out is the safest.
9. The market never changes; extremes will reverse.
10. Don’t trade without market movement; missing out is normal, just capture a portion.
11. Waiting for trading opportunities is a hundred times better than searching for trades.
12. Once you achieve your profit target, stop trading; energy is limited.
13. Stop-loss is yours; profits are given by the market.
14. Money comes from waiting, not from frequent trading.
15. Your mindset is fragile in the face of desire; trade strictly according to your strategy and achieve unity of knowledge and action.
