Chives Code of Conduct
Rule 1: Stay Calm, Stay Calm, Stay Calm
Core Principle: 90% of mistakes in trading come from losing control of emotions. Whether the market is volatile or there is a single loss, it is essential to maintain rational judgment and avoid making irrational decisions due to panic, greed, or revenge.
Rule 2: Position Management
Core Principle: Position management is the core of survival and profitability. By reasonably allocating funds, control the risk of a single trade within an acceptable range.
Rule 3: Strict Stop-Loss
No Gambling
Core Principle: Losses are the cost of trading, but uncontrolled losses can swallow profits. It is essential to lock in risks through stop-loss rules.
Rule 4: Trend Trading
Enter on the Right Side
Core Principle: The trend is a friend in trading, and operating against the trend is the main cause of losses.
Rule 5: Plan Your Trades
Trading Plan
Core Principle: Before trading, clearly define your goals, risks, and response strategies to avoid random decisions.
The essence of trading is an anti-humanity game, and only through discipline and systematic execution can one survive in the long term. Develop a personalized trading system and verify the effectiveness of the strategy through simulated trading before executing in real markets.
Remember: Staying alive is more important than making a profit; controlling risk is always the top priority!