Trading motto (1)
1, always use stop loss. Stop loss must be executed in time when trading, and there must be no hesitation. Stop loss will not be cancelled or changed during trading. Stop loss is the proof of entry.
2. Without stop loss protection, you may return empty-handed. "Stop loss" is like a sharp knife, which makes the trading bloody and makes the trading account alive without hurting its vitality.
3. The stop loss takes effect, the risk is controlled, and the passive is turned into the active. Stop loss does not take effect, that is, to protect the realized interests and find new profit growth points.
The market is actually very simple, but people's hearts are very complicated. The heart is simple and the interests are complex. Simplicity is the best signal of the market; Complexity is a dream that can never be controlled.
5, mentality is the psychological state is the attitude. Generally divided into positive mentality and negative mentality. Because the mentality will lead to the transaction result, it is necessary to adjust the mentality in real time during the transaction.
6. Waiting is actually a transaction, waiting patiently for the market to confirm its judgment. Don't trust your judgment completely until the market itself confirms your analysis.
7. Fear and greed are two highly contagious investment phenomena. Our goal should be appropriate: we just want to be afraid when others are greedy and greedy when others are afraid.