Position management is the real secret to success!

Don't simply think that position control

is just controlling the size of your entry funds;

this is just the surface.

The essence of position management is controlling your trading emotions.

Think about it: if you are fully invested and hit a limit down,

aren't you immediately enraged by the market?

Can you still respond rationally?

Once opposing emotions come up, the situation spirals out of control.

After that, it's highly likely you'll keep making mistakes and fall deeper.

Now think, if you had a 10% position and hit a limit down,

how serious is that?

If the position isn't high and the fundamentals aren't poor,

you would dare to continue playing with it.

Even if it means cutting losses, it won't be a huge blow.

Emotions won't plummet.

Emotions directly affect mindset,

Mindset directly affects responses,

Responses directly affect results.

The secret to good position management

is summed up in one word: slow!

Cultivate the good habit of making decisions only after 2:30 PM.

Whether the market is strong or not

is basically clear by 2:30 PM.

Most of the mistakes made in the market are related to rushing.

Slowing down can reduce the error rate by 90%.

Slowing down is speeding up!

Once you understand position management thoroughly and execute it well,

you will immediately feel the effects.

Moreover, your trading mindset will be vastly different from before.

Never think that only large funds need position management.

Don't find any excuse to refuse position management.

The essence of position management is risk management,

it's mindset management!

No technique can replace position management.

Position management is strategy; no technique can compare.

I've been trading for 10 years, and these are my personal experiences.

I'm not here to preach any grand theories.

Once you get position management sorted out,

you can truly enter the world of trading!