Xiao Bai's Operating Principles:
1. If you do not understand the market, you can ask the instructor for advice, rather than trading randomly by yourself.
2. Absolutely do not trade against the market; do not be greedy for small profits, do not make rebounds in a down market, and do not make adjustments in an uptrend.
3. Do not trade in a consolidating or fluctuating market.
4. Do not operate with a full position.
5. Stop losses must be decisive and without hesitation.
Eight Rights and Wrongs in the Investment Market:
1. Trading with the trend is right, trading against the market is wrong (once a trend is established, it is difficult to change in the short term);
2. Light positions are right, heavy positions are wrong - position affects attitude, and attitude affects decision-making;
3. Contentment is right, greed is wrong - greed is the enemy, contentment brings happiness;
4. Protecting profits with stop losses is right, letting things go is wrong - preserving capital is the priority, making money is second;
5. Objective trading is right, subjective analysis is wrong - objective trading follows the rules;
6. Waiting and patience are right, impatience and impulsiveness are wrong - cultivate patience, act at the right moment;
7. Increasing positions on profits is right, adding positions while being trapped is wrong - profit is the correct direction, being trapped is the wrong direction;
8. Being calm and composed is right, being overly concerned about gains and losses is wrong - the essence of trading is the clash of human nature and mentality.
If you like contracts, enjoy studying charts, and researching techniques, click on my avatar. I have years of experience and skills in the crypto circle and will share them freely. I am waiting for you in the circle, always online, welcome to discuss and improve together.