When trading, you should establish a tolerable loss range and make good use of stop loss trading to avoid huge losses. The loss range depends on the account's financial situation. If you stop loss, don't take a gentle interest, because you have already eliminated the risk of the market continuing to deteriorate and the losses expanding infinitely.
  三、量力而为:
  The trading volume should be measured based on the account amount, and excessive trading should be avoided. Generally speaking, the risk of each transaction should not exceed the amount of funds in the account10%According to this rule, risks can be effectively controlled. It is unwise to trade too many lots at once, as it can easily lead to uncontrollable losses.
  The smaller the account amount, the greater the trading risk, so it is important to avoid making the trading account only sufficient200The fluctuation level is not allowed to make a single mistake with such an account amount, but even experienced traders may make misjudgments at times.
  Remember the ancient rule of the market: the losing position should be terminated as soon as possible, and the profitable position should be held for as long as possible. Another important rule is not to let losses occur in positions that have already been profitable. In the face of sudden market reversals, it is better not to close positions that have not been profitable, nor to let positions that have already been profitable turn into losses.
  九、切勿有急于翻身的交易心态:
  In the face of losses, it is important not to rush to open new positions in the opposite direction in order to turn around, as this often only worsens the situation. Only in situations where you believe the original predictions and decisions are completely wrong can you quickly close the losing position and open a new reverse position. Don't play guessing games with market changes. It's better to miss trading opportunities than to incur losses.