Share some classic quotes from professional traders:
📌 Don’t try to judge the market's peaks and troughs; for trading to be sustainable, you must go with the trend.
📝 The most important thing is to return to Buffett's old saying:
The most important thing in investing is, first, to preserve capital; second, to preserve capital; third, to preserve capital.
1️⃣ During trading, most market movements are not worth participating in. When you feel lost between bullish and bearish, the best strategy is to do nothing.
Watching the fierce battle between bulls and bears calmly is the higher realm of trading.
2️⃣ Everyone comes to the trading market for different reasons:
Some come for the thrill, as frequent trading itself brings excitement;
Some are just browsing, they walk around and look around, purely for entertainment;
A very few come to make money, and they control their trading impulses at all times.
3️⃣ Trading is not about who makes the most money, but about who lasts the longest.
In the trader rankings, there are many stars, but few long-livers.
When the direction is unclear, not holding positions is the best strategy.
4️⃣ The market opportunities that professional traders truly need to seize are in the middle phases, avoiding the extremes.
5️⃣ The market never lacks opportunities; what it lacks is investors' patience.
The more you watch and the less you act, the more profit you will have! Because 90% of the profits come from 10% of the operations.
6️⃣ Only continuous profits give us the courage to increase our positions.
7️⃣ How much position is appropriate? A position that allows you to sleep peacefully is a good position.
8️⃣ The disadvantages of high leverage are also obvious: the higher the leverage, the more severely the speculator's IQ drops, and the faster they fail.
The leverage system in trading superficially amplifies your capital, but at a deeper level, it amplifies your greed and fear.
Once your leverage is too high, your greed and fear will spiral out of control, and you will unconsciously become part of that 99.99% of normal people.
9️⃣ In trading, it is often the case that positions that start with floating losses are ultimately very hard to profit from; a good start is half the success.
🔟 In the trading market, any so-called washout, forced bullish or bearish actions, are mostly just the beautiful imaginings of retail investors.