Many people want to get returns on their investments, so how to make a good investment and what are reasonable and safe behaviors? This is the important part of investing! Here, let’s popularize the “Gann Twenty-Four Rules”, which are issues that traders need to pay attention to in daily life!
Gann's Twenty-Four Rules (1)
Amount of funds used: Divide your funds into 10 parts, and the risk you bear on each transaction shall not exceed 1/10 of the principal.
Gann's Twenty-Four Rules (2)
Place a stop-loss order: Set a stop-loss immediately upon opening an order to protect your transaction.
Gann's Twenty-Four Rules (3)
Don't overtrade. This goes against your money management principles.
Welcome everyone to pay attention to the ocean community. There are many temptations in the market, but I only take one scoop!
Traders invest not only money, energy and time, but also the trader's knowledge and analytical skills. More subtly, the trader's character, interests, philosophical values, artistic qualities and religious beliefs will all have an impact on the final transaction. The results have a decisive impact. The market is like a mirror, it reflects you naked, especially everything inside you.
All your packaging and masks are useless. Even the law is not as fair as the futures market. A speculator's short-term profits and losses have a certain degree of contingency, but in the long term, a trader's profits and losses must be driven by some internal mechanism.
Commodity prices have trend charts, and everyone’s capital curve is also a trend chart. From this perspective, what we are actually doing is our own futures.