In the past, I was also superstitious about technology. Moving averages, patterns, indicators, all without exception,
I could memorize K-lines, yet my account still repeatedly suffered losses.
Until one day I finally admitted — it's not that I couldn't analyze, but that I couldn't control myself.
Later, I established three iron rules for trading.
First rule: when opening a position, must set a conditional stop loss.
No matter how high the win rate, do not manually monitor the market.
Once the market hits the line, the system will cut for me,
not giving emotions any chance to “negotiate.”
Second rule: when volatility is high, first close half.
Even if it continues to rise afterwards, I will accept it.
Leaving half a position is to give the account a way out,
and also to keep myself clear-headed.
Third rule: must write a “risk note” before opening a position.
Where is the stop loss? What if it goes the other way?
If it doesn’t work out, what’s the worst I can lose?
After writing, I ask myself one more question:
“If I really followed the stop loss, could I accept it?”
If I can accept it, then I place the order;
If I can't accept it, it means this trade shouldn’t be made in the first place.
In the past, I spent all day studying indicators,
but ignored the most fatal flaw — human nature.
The scariest thing in trading,
has never been not understanding the market,
but knowing that I should run,
yet still gambling on the thought: “What if?”
