《About Capital Management》

Whenever I encounter difficulties in trading, I always refer to the shares of the expert Bit Langlang. The methods of capital management are worth learning from. The capital is divided into three parts: one part for trading, one part for averaging down, and one part for living expenses. After the trading account is profitable, the profit is further divided into three parts, with one part added to the trading capital, and the other two parts added to living expenses and averaging down funds. If there are losses, the averaging down fund is used to cover the gap, repeating the cycle.

I believe this method is the most reasonable for position management as it ensures that losses do not lead to significant drawdowns while profits steadily increase. Speculation is not gambling; survival is the lifelong goal of every trader.