In trading markets, small losses are a normal part of everyone's experience. But if you let a big loss knock you out, there’s really no chance to turn things around. So risk control always comes first — this is not conservatism, but the prerequisite for staying alive and making money.

Many beginners enter the market thinking they will get rich overnight, but those who are truly consistently profitable, their initial goal is not how much they earn, but how little they lose. It may sound counterintuitive, but think about it: stopping losses is the very beginning of profitability.

Next, learn to be selective. If you don’t understand a market, don’t trade it. If you don’t have a clear conviction, don’t take the trade. When charts are blurry and signals are unclear, stay out. Better to miss a wave than to make a wrong decision — opportunities will come again, but your capital is only one.

Build a simple, clear trading system, then stick to it strictly. Don’t rely on complex indicator stacks; the system that works best for you is your strongest weapon. Clear rules and smooth logic ensure your decisions aren’t driven by emotions.

Frequent trading is a big taboo for traders. Don’t believe in stories of “one trade making you a legend,” as they are mostly survivor bias. The true logic should be: don’t trade when the market is unclear, and don’t let anxiety cause reckless moves. Trading isn’t a race for diligence; it’s a test of patience — sometimes doing nothing is more valuable than constant operation.

Inevitably, you will make mistakes in judgment. The key is how you respond. The most terrifying trading behavior is called “holding on stubbornly” — knowing you’re wrong but holding on anyway, which can be very costly. Admit mistakes when needed, cut losses quickly — this is more important than any rescue operation.

Finally, develop the habit of review. Spend time daily or weekly reviewing your trading records, identify problems, and find room for adjustment and optimization. This process may seem low-key, but it is the real turning point from losing accounts to stable profitability.