Last year, a friend had only 1200U left to visit me, and I told him three sentences. He strictly followed them for 90 days, and his account surprisingly rose to 50000U, with zero liquidation throughout. Today, I share these three insights with you; how much you comprehend depends on yourself.
First, learn to 'divide money to save lives.' Even if you only have 3000U, divide it into three parts, each with its own purpose, and never mix them. 'Short-term trades' should be executed a maximum of two times a day, and stop once done; 'trend trading' should not be acted upon unless there is a clear weekly opportunity, better to wait; 'emergency funds' are solely for unexpected spikes; even if liquidation occurs, you can immediately replenish to maintain your position at the table. Remember, going all-in is like gambling with your life; losing a finger can still be healed, but losing your head means no return.
Second, only take the most profitable part of the trend, and act like a turtle at other times. In a volatile market, greedy people often get hurt, with nine out of ten suffering. My signals are simple: if the daily chart is not in a bullish arrangement, stay out; only enter the market when there is a volume breakout above the previous high confirmed by the daily chart; once profits hit 30% of your capital, immediately withdraw half of the profits and set a trailing stop for the rest. There will always be another opportunity in the market, so there's no need to forcefully squeeze through the door; just catch the ride that comes your way.
Third, lock away your emotions and operate like pressing a button. Before placing an order, write a plan: set a stop-loss at 3%, automatically cut when the point is reached, without hesitation; turn off your computer at 11 PM sharp every night; no matter how tempting the K-line is, don’t look; if you can’t sleep, uninstall the software. Trading should be done mechanically and without emotion to last long.
In fact, going from 3000U to 50000U relies not on magical signals, but on 'making fewer mistakes.' Markets change every day, but capital is not always available.
First, engrave these three points in your heart, and then it’s not too late to talk about techniques. Only those who survive have the right to talk about making money.
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