Last summer, fan A Long came to me with 1500U, saying he couldn't afford rent anymore.
I didn't talk about complex indicators, but threw out three 'iron rules.' After 100 days, his account skyrocketed to 75000U, with no liquidation, and daily losses not exceeding 5%!
1. Split the principal into five parts, keep enough backup
1500U evenly divided into five parts, with fixed purposes: short-term money for intraday trading, to profit and cut losses; trend money for major market movements; replenishment money to deal with extremes, replenished in three batches; reserve money to restart operations; lifesaving money never moves, relying on it for a comeback!
2. Only earn certainties, stay away from fluctuations
Empty position signal: indicators not golden cross, volume shrinks by 40%, no matter how tempting, do not enter; entry signal: volume breaks high, stabilizing above the breakout point and rising over 5%; profit-taking signal: take half at 30% profit, set a 15% trailing stop for the remainder. A Long once greedily earned less, but then strictly executed.
3. Emotion lock cage, mechanical operation
Clearly write strategies before entering, no writing means no trading; pull stop-loss on profitable positions to protect profits; close the computer at the market close, forced rest on consecutive losses. A Long uninstalled the APP to relieve anxiety.
1500U to 75000U, making fewer mistakes is the key! Markets are often present, the principal is once, and those who follow the rules will gain wealth!
