When you finally reach the end of trading, it comes down to two words: restraint.

Restrain the urge to chase pumps, restrain the fantasy of trying to bottom-fish, restrain the addiction to overtrading, and restrain the desire to compete with others.

In this market, opportunities always exist, but your ammo isn’t infinite. Save your ammo for the most certain shot. At other times, just wait. If you can’t wait, you don’t lose money—only乱开枪 causes losses.

Don’t think you can eat every leg of the market—that’s greed, not skill. Eat the portion you’re meant to eat, then leave. Let others fight over the rest.

Cut losses fast—so fast you don’t even think. Take profits steadily—steady enough to be unmoving. Most people do the opposite: when they lose, they stubbornly hold; when they win, they run. In the end, their accounts are filled with stuck positions.

The highest level of trading is restraint.