The market is not about who makes money faster, but who lasts longer. Protecting the principal means maintaining the qualification to turn things around; controlling the position size means managing inner fears. Don't always try to catch every wave in the market; you can't be the one to earn the last penny in the market. Preserve the principal, and you'll have a ticket for the next round; control your position size, and you won't be wiped out by a single mistake. Trading with the trend is not cowardice, but wisdom.

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