Fifteen Rules Every Trader Must Remember
1. Preserve the principal; survival is the first rule of investors.
2. As long as you are not greedy, making money is simple; stable small profits.
3. Focus on few varieties, never go all-in, and follow the trend.
4. Avoid heavy positions, do not hold losing trades, and do not trade frequently.
5. Do not rush to buy; sell decisively and do not delay stopping losses.
6. Money can be made endlessly, but can be lost completely.
7. Touching the stop-loss means leaving unconditionally; stopping losses is always correct.
8. Whether short-term or long-term stability, taking profits is the safest.
9. What never changes in the market is that extremes will reverse.
10. Do not trade without a market; missing trading opportunities is normal; capture a portion is enough.
11. Waiting for trading opportunities is always a hundred times better than searching for them.
12. Stop trading after achieving daily profit goals; energy is limited.
13. Stop-loss is yours; profit is given by the market.
14. Money comes from waiting, not from frequent trading.
15. The mindset is fragile in the face of desire; trade strictly according to the trading strategy and achieve unity of knowledge and action.
