This has always been posted on the office wall, constantly reminding myself. It has now been internalized, and I share it now for mutual encouragement.
1. Preserve the principal; survival is the first rule for investors.
2. As long as you are not greedy, making money is very simple; stable, thin profits.
3. Do not spread across too many varieties, never go fully invested, follow the trend.
4. Do not over-leverage, do not resist losses, do not trade frequently.
5. Do not rush to buy, sell decisively, and do not delay stop losses.
6. Money can never be fully earned, but it can be fully lost.
7. Exit unconditionally when hitting the stop loss; stop loss is always correct.
8. Whether short-term or long-term stability, taking profits is the safest.
9. What remains unchanged in the market is that extremes will reverse.
10. Do not trade without market movement; missing trading opportunities is normal; capturing a portion is enough.
11. Finding trading opportunities is always a hundred times better than waiting for them. 12. Set daily profit targets, stop trading, energy is limited.
13. Stop losses belong to you; profits are given by the market.
14. Money is earned by waiting, not through frequent trading.
15. The mindset collapses in the face of desire. Trade strictly according to the trading strategy, achieving unity of knowledge and action.
