1. Amount of funds to be used: Divide your funds into 10 and never take more than110 in a transaction.
2. Use stop-loss orders. Always use a stop-loss order 3 ~ 5 points away from your trading price to protect your trading. (Note: Gann's original meaning is 1 dot represents 1 USD, not 3% ~ 5%, the same below).
3. Never over-trade. This will violate your capital rules.
Never let profit turn into loss. Once you make a profit of 3 points or more, increase the stop loss order so that you won't lose money.
5. Don't go against the trend. If you can't determine the trend according to the chart, you will never buy or sell.
6. Quit if you are not sure, and don't enter the market if you are not sure.
7. Trade only active stocks. Avoid intervening in unsalable stocks with few transactions.
8. Share risks equally. If possible, trade 4 or 5 stocks. Avoid investing all your money in one stock.
9. Don't limit your entrustment or fix the buying and selling price. Entrusted at market price.
10, don't close the position without a good reason. Follow the stop loss order to protect your profit.
1 1, accumulated surplus. When you make a series of successful transactions, put some money into a surplus account for a rainy day.
12. Never buy stocks just for dividends.
13, never share the loss equally. This is one of the most serious mistakes that traders can make.
14, never go out because of impatience, and never enter because of impatience.
15 to avoid small profits but quick turnover.
16. Never cancel the stop-loss order you set at the time of trading.
17, to avoid entering and leaving the market too frequently.
18, I wish to buy it as empty as you wish. Keep your goals in line with the trend and make money.
19. Never buy just because the stock price is low, and never short because the stock price is high.
20. Be careful to be overweight at the wrong time. Wait until the stock is very active, cross the resistance level, buy again, wait until the stock falls below the distribution area, and then sell.
2 1, select small-cap stocks to increase their holdings, and select large-cap stocks to short.
22. Never hedge. If you buy one more stock and it starts to fall, don't short another stock to hedge. You should leave; Admit the compensation and wait for another chance.
23. Never change your position in the market without good reason. When you trade, let it have a good reason or according to a clear plan; Then, don't leave because there are no obvious signs of trend change.
24. Avoid increasing transactions after long-term success or profitability.
When you decide to make a deal, it is very important for your success to make sure that you have not violated any of these 24 rules. When you cut meat, check these rules carefully to see which one you violated; Then don't make the same mistake twice.