Nine trading tips to help you sail in the bull market. It is recommended to read repeatedly!摘要：Ifyouarewrong,makethebestjudgmentagainIfyouarewrongagain,makethebestjudgmentforthethirdtime,andyourmoneycandouble5...
1.
Money is not earned by frequent trading, but by patiently "lying" and earning.
2.
In my financial career, I often witnessed other people fail because they did not respect the risk. If you don't take risk seriously, it will come back and destroy you.
3.
Allowing losses to expand is the most serious mistake made by most investors (gambling mentality).
4.
Michael Marcus (another top trader) taught me a very important thing: you have to be willing to make mistakes from time to time: there is nothing wrong with making mistakes. Michael told me to make the best judgment as possible. If you are wrong, make the best judgment again. If you are wrong again, make the best judgment for the third time, and your money can double.
5.
Trading taught me a painful lesson. I said to myself at that time: "What a fool! Why take such a big risk to trade? Why make your life miserable instead of pursuing happiness?"
6.
There are three elements of a good trade: (1) stop loss; (2) stop loss; (3) stop loss. If you can strictly follow these 3 rules, you still have a chance to succeed in trading.
7.
If I lose money in the market, I will exit immediately. It doesn't matter which market you trade in. I will exit anyway, because once you suffer a loss, it is hard to stay objective in the subsequent trading decisions... If the market deviates completely from your expectations, and you still insist on staying in the market, you will be eliminated sooner or later.
8.
To be honest, I never look at the market, I only look at risk, return and capital.
9.
When the trade is successful, I think: I made the right decision. But if I'm wrong, then there's nothing left. I need to accumulate funds, because there will always be the next trade.
