This morning I read 'The Biography of Zeng Guofan' and came across the twelve rules Zeng Guofan set for himself. Suddenly, it struck me that with a slight modification, they could become the 'Trader's Code', right? Indeed, the principles of the world are interconnected; the way of the sage is the path to becoming a trading god 😂
Let's take a look at these twelve rules for being (trading):
1. Respect. Fear the market, be cautious at all times
2. Sit quietly. Meditate for an hour each day to strengthen focus
3. Wake up early. Formulate today's trading strategy
4. Read books without bias.
5. Study history. Review the entire market
6. Speak cautiously. Wait for trading opportunities, do not trade casually
7. Cultivate energy.
8. Protect oneself. Moderation in work, desires, and diet
9. Daily awareness of losses. Review operations daily and record insights
10. Monthly reflection on capabilities. Conduct a major review once a month
11. Write. Study trading rules
12. Do not go out at night. Avoid going out late at night