1. Trade in the direction of the medium trend.

2. In an upward trend, buy when the price falls; in a downward trend, sell when the price rises.

3. Let profits grow fully and limit losses to small amounts.

4. Always set protective stop orders on positions to limit losses.

5. Don’t make deals on a whim, fight a planned battle.

6. Make a good plan first and then implement it to the end.

7. Adhere to various essentials of fund management.

8. Diversify your investments, but be aware that “too much is never enough”.

9. The reward-risk ratio must reach at least 3 to 1 before taking action.

10. When using the pyramid method to increase positions, the following principles should be followed:

a. Each subsequent level of position must be smaller than the previous level.

b. Only add money to profitable positions.

c. It is not allowed to increase the position on the losing position.

d. Set the protective stop loss order at the break-even point.

11. Never make a margin call, and don’t throw live money into a dead position.

12. To prevent margin calls, make sure you have net funds of at least 75% of the total margin requirements. Before closing profitable positions, give priority to closing losing positions.

14. Unless you are engaged in very short-term trading, you should always make decisions outside the market, preferably during the market closing period.

15. Research work should gradually transition from long-term to short-term.