1. When we invest in stocks, we should regard ourselves as business analysts, not market analysts, securities analysts or macroeconomic analysts.

2. There is no end to worry about.

Avoid the weekend doom and gloom and ignore the bold latest predictions from stock analysts.

You have to sell a stock because the company's fundamentals have deteriorated, not because the sky is falling.

3. Every novice learns from his own experience, and smart people benefit from the help of a team of professionals! 4. It is foolish to own a stock and expect it to go up next morning.

5. We also have greed and fear, but we are greedy when others are fearful and fearful when others are greedy.

6. The chain of habit is always too light to be noticed before it is so heavy that it breaks.

7. You should never make the same mistake, because there are many other mistakes you can try! 8. If you operate too much, even if you judge the market correctly, you will still fail.

9. Article 1: Preserving the principal is the most important.

Rule 2: Never forget Rule 1.

10. Allow profits to fully grow and minimize losses.

It is impossible for traders to be right about every market trend. Therefore, if they are right, they should keep holding positions and try to fully expand profits. When they are wrong, they should admit their mistakes in time and stop the loss to stop the transaction, so as not to hurt their muscles and bones, and keep the profits.

The mountains are clear and there is no need to worry about running out of firewood.

11. Admitting your mistakes is something to be proud of.

I can admit my mistakes. It would be a shame to know my mistakes but not correct them.

12. We welcome market declines because they allow us to pick up more stocks at new, scary bargains.

13. There are unlimited market opportunities, so don’t force yourself into the market if you are not sure.

14. Trade in the direction of the trend.

In a market that has formed a trend, we should try our best to buy or sell in this direction after making a good judgment. Do not go against the current for small profits, which is the so-called counter-trend operation. You will lose a lot because of a small gain.

15. Defeat yourself, not the market, because the market is always right.