Important Principles in Trading: Don't make small profits, don't incur big losses
"Don't make small profits, don't incur big losses" is the core contradiction of trading: taking profits too early misses the trend, while holding on can easily lead to deep losses. There is no perfect strategy in the market; the key lies in choice—let go of small gains to pursue larger ones, focusing on high risk-reward opportunities.
How to practice this?
1. Wait for the wind: give up frequent operations and patiently wait for quality entry points;
2. Control risk: don't hesitate to stop losses, capital safety is above all;
3. Resist volatility: ignore short-term ups and downs, use rules to combat emotions.
The essence of trading is a probability game. A wave of 200% market movement, if you maintain profits and compound them, far exceeds ten instances of 5% fragmented gains. But if you gain and then lose again, everything returns to zero.
Ultimate cultivation: there are no shortcuts, only long-term honing of character and optimization of strategy. The market never lacks opportunities; what is lacking is the clarity to endure prosperity and withstand solitude.
If anyone is confused by market fluctuations and doesn't know how to deal with being trapped, or feels misled during operations, feel free to communicate!
Intraday focus: BMT LINA EOS AUCTION
