Summary of personal experience in the trading circle over the years. First, either lay the foundation on your own or find a reliable teacher to follow and learn from. Second, strictly set stop-loss levels. The stop-loss price for long positions must be placed below key support levels, and the stop-loss price for short positions must be placed above key resistance levels to truly serve the purpose of stopping losses. Third, reasonable position allocation can achieve twice the result with half the effort, making it easier to realize a profit growth model of 'small losses with gains'. Fourth, control your emotions, try to reduce emotional commands, and avoid frequent mistakes and compounding errors. Fifth, entering the market is very important, but exiting is even more important. When choosing a reasonable entry timing, practical experience, point estimation, and direction judgment must also be considered. Doubling small capital is easy, but losses can also accumulate quickly. The core is how to choose the timing for entry and exit based on market sentiment, and whether one can control greed and mindset. Not everyone can decisively stop losses when needed, and not everyone can bring someone for free in the trading circle based on years of personal experience. Summary of personal experience in the trading circle over the years. First, either lay the foundation on your own or find a reliable teacher to follow and learn from. Second, strictly set stop-loss levels. The stop-loss price for long positions must be placed below key support levels, and the stop-loss price for short positions must be placed above key resistance levels to truly serve the purpose of stopping losses. Third, reasonable position allocation can achieve twice the result with half the effort, making it easier to realize a profit growth model of 'small losses with gains'. Fourth, control your emotions, try to reduce emotional commands, and avoid frequent mistakes and compounding errors. Fifth, entering the market is very important, but exiting is even more important. When choosing a reasonable entry timing, practical experience, point estimation, and direction judgment must also be considered. Doubling small capital is easy, but losses can also accumulate quickly. The core is how to choose the timing for entry and exit based on market sentiment, and whether one can control greed and mindset. Not everyone can decisively stop losses when needed, and not everyone can bring someone for free in the trading circle.
