
Risks and Opportunities in the Peak Stage
Success equals small losses plus various profits accumulated multiple times. It is very simple to avoid large losses... Make survival the first principle, When there is a danger that obstructs this principle, discard all other principles. Because, no matter how much you have earned in the past, if you lose 100% now, you have nothing. The way of trading is to maintain an invulnerable position and attack the enemies you can win. If you lose 50% of 1 million, it becomes 500,000, but to increase 500,000 to 1 million, you need to profit by 100%.
Success equals small losses plus various profits accumulated multiple times. It is very simple to avoid large losses... Make survival the first principle, When there is a danger that obstructs this principle, discard all other principles. Because, no matter how much you have earned in the past, if you lose 100% now, you have nothing. The way of trading is to maintain an invulnerable position and attack the enemies you can win. If you lose 50% of 1 million, it becomes 500,000, but to increase 500,000 to 1 million, you need to profit by 100%.