1. There are not trading signals every day. Wait when there are no signals. Before verifying your success rate with small capital, do not trade recklessly on your own. 2. Strictly implement profit-taking and stop-loss orders. If some positions do not have stop-loss set, then strictly manage position sizing. 3. The purpose of following signals from others is to make money, but the ultimate goal is self-improvement and financial freedom. 4. No one can profit every time. Trade more when making money, lose less when losing money. Think like a professional trader.
Basic Trading Principles:
1. There are not trading signals every day. Wait when there are no signals. Before verifying your success rate with small capital, do not trade recklessly on your own.
2. Strictly implement profit-taking and stop-loss orders. If some positions do not have stop-loss set, then strictly manage position sizing.
3. The purpose of following signals from others is to make money, but the ultimate goal is self-improvement and financial freedom.
4. No one can profit every time. Trade more when making money, lose less when losing money. Think like a professional trader.