Sixteen Rules Every Trader Must Remember

1. Preserve your capital; survival is the first rule for investors;

2. As long as you are not greedy, making money is simple; stable and small profits;

3. Do not diversify too much; never be fully invested; go with the trend;

4. Avoid heavy positions; do not hold onto losing trades; do not trade frequently;

5. Do not rush to buy; sell decisively; do not delay stop-loss;

6. Money can be earned endlessly, but it can also be lost entirely;

7. If you hit a stop-loss, exit unconditionally; stop-loss is always correct;

8. Short-term stability or long-term stability, securing profits is the most stable;

9. The unchanging market principle is that extremes will revert;

10. Do not trade without market movement; missing trading opportunities is normal; capturing a portion is enough;

11. Waiting for trading opportunities is always a hundred times better than seeking them;

12. Stop trading after achieving daily profit targets; energy is limited;

13. Stop-loss is your responsibility; profits are given by the market;

14. Money is earned by waiting, not by frequent trading;

15. A mindset is fragile in the face of desire; strictly follow your trading strategy and achieve unity of knowledge and action!

16. Always adhere to these sixteen rules.