Trading Quotes

I. Risk Control and Stop Loss
1. Cut losses early, let profits run.
2. The first rule of investing is not to lose money; the second is to never forget the first.
3. Risk comes from not knowing what you're doing.
4. For wrong trades, decisively cut losses and don't fight it.
5. Only the grandmaster can hold cash positions.
II. Following the Trend
1. The trend is your friend.
2. Plan your trades, trade your plan.
3. Buy when no one is paying attention, sell when everyone is bustling.
4. Only do leading stocks, only do main upward moves, only follow inertia.
III. Mindset and Cognition
1. When others are greedy, I am fearful; when others are fearful, I am greedy.
2. The market is a short-term voting machine, a long-term weighing machine.
3. What's important is not right or wrong, but how much you earn or lose.
4. The market's irrationality lasts much longer than you can endure.
5. Making money depends on patience, not frequent trading.
IV. Short-term Practical Trading
1. Accelerated volume reduction is a selling point; explosive volume divergence is a buying point.
2. Those who capture retail investors win the world; popularity indicates true dragons.
3. Position size determines mindset; small positions for trial and error, large positions for timing.
4. Don't do miscellaneous stocks, don't follow the crowd, only focus on core stocks.