1. Small losses are normal, large losses are poison; risk control always comes first.
Making money is not about predicting a few times correctly, but about keeping losses within an acceptable range, never letting a single mistake take you out of the game.
2. First learn not to lose money, then talk about how to make money.
Many people start off thinking about getting rich quickly, but those who are truly stable first pursue 'minimizing losses,' because stopping losses is the beginning of profit.
3. Don't trade in markets you don't understand; don't take positions you're not confident in.
If the chart is unclear and the signals are ambiguous, do not touch it. Better to miss an opportunity than to make a mistake. Opportunities are always there, but capital is limited.
4. Simple system + strict execution = the strongest weapon.
Don't blindly believe in flashy indicators; what suits you best is the best. Clear rules and smooth logic can ensure you are not swayed by emotions.
5. Never trade frequently; don't worship 'one trade to rule them all.'
In stagnant markets, keep your account steady. Trading is not a race of diligence but a race of patience. Patience is worth more than action.
6. Admit your mistakes quickly and cut losses fast.
The most terrifying thing in trading is 'stubbornness.' It's not scary to be wrong, but it's extremely costly if you refuse to admit it and hesitate to cut losses.
7. Review trades daily, summarize weekly (now that trading is stable, switch to weekly reviews).
Reviewing trades can help you recognize your mistakes, providing opportunities for adjustment and optimization.
