1. Never underestimate the power of a high-momentum wave. Increase or decrease. Once in waves, the price can go further than you imagined.

2. Price is the only thing that matters. Adapt to it, don't resist it.


3. Do not underestimate the strength of money managers in the fourth quarter of the year. They need to beat their performance scale or lose clients/jobs.

4. Manual stop loss is guaranteed to give you an emotional trade. Do not use manual stop loss. Either you enter, or you don't. Manual stop loss will cause negative emotions.

5. Manual stop loss is another way of saying, "I'm not sure where to put the stop loss".

6. Stuffing loss orders is one of the best ways to end your trading career


7. The biggest winning trades are usually driven by the large trade volumes in the market

8. A breakout that is caught by too many traders is more likely to fail. Place orders later when most of the players have been dismissed the first time

9. Market sentiment is always worse when prices are forming a market bottom. When the price just dropped initially, the sentiment is still positive.

10. Most effective double-bottom patterns will be accompanied by a divergence of RSI / MACD. That is a really strong signal if you pay attention


11. Watch out for stocks that take too long to grow. That was the first sign of diminishing demand.

12. The best trade settings usually give you a profit as soon as they are activated. They rarely work if you have to wait too long

13. The best traders are extremely disciplined and are less affected by emotion. They can expect a big price drop in the market but still don't flinch when needing to enter a long position.

14. Stubborn bears and stubborn bulls (meaning those who always believe that markets are always bullish/bearish and cannot be reversed) will eventually be removed from the market. You have to respect a strong bull market or a strong bear market.

15. Enter more orders does not mean more profit. Less is better.

16. The best traders I've ever known keep trading schedules simple


17. Price and volume charts are all you need. Most indicators are just noise most of the time.

18. Never confuse the long-term view with what's really happening in the market.

19. The economy may be in a recession but if the market is bullish then you must respect that. It will reward you.

20. Going against the trend won't give you much reward. In general, trend trading is more rewarding.


21. Trade blood when you have 2-3 good deals before

22. Be really careful when you have 2-3 consecutive losing trades. Often traders do the opposite.

23. Trading with leverage that is too big for your account to be the fastest way to get swept away by your emotions and ultimately swept out of the market


24. Do not underestimate the feeling of confidence gained after locking a small profit. The green color on the order helps to build your confidence in the next trades

25. Big win streaks always start with small wins

26, Most chains of losses start with a broken fundamental rule

27. In a bull market, you should only buy. Never sell short, liquidations for short orders are often painful and bloody

28. It's okay to make mistakes, but it's not acceptable to keep being wrong


29. Good basic analysis and logical technical analysis is an assassin combo. Think CANSLIM

30. Having too many bullish settings is not necessarily a good thing. Many bullish setups usually come before a heavy drop.

31. Trading is like a beauty contest. Whichever looks best wins.

32. The best chart pattern is a bullish flag. It comes in many different shapes. Learn to spot them.

33. A candlestick pattern makes no sense if it doesn't have a transition. A hammer candle or a Doji has no meaning if the price does not move forward the next day.


34. It is very difficult to short a market when the stock indices are very strong

35. You must understand that you cannot impose your will on the market. The market is huge
the more you, the smarter you and you need to adapt to it. Not in the opposite way.

36. Market sentiment statistics are often lousy. Focus on price action.

37. Most of the market bottoms form in October more than the rest of the month. Observation and experience have told me this.

38. Always be cautious when short positions on the NYSE reach record highs. Usually, that means an important bottom is forming.

39. In December, the small and low cap stocks will be alive. Many stocks will double or triple in a few days.


40. Please keep your system interface of my simple transaction and the best base can. Can you explain it to a 1-year-old 10 years old?

41. The market is the master of event prediction before it comes along. When the real news comes, the price is already reflected in it.

42. Never short sell a school when it is growing

43. Never pay a market that is trying to endure

44. Trading in a nasty market is one of the toughest and most tiring jobs.


45. Short selling in the long term in the stock market offers little reward. In the long term, the bears are always at a disadvantage.

46. A lot of pressure in the market is working against the direction of short selling.


47. Each stock goes through a cycle of accumulation, growth, distribution, and decline, and a new cycle begins.

48. Large bullish candles with high volume are usually the start of something stronger. Watch out for stocks with that signal. Most of them will become major growth stocks

49. Believe in yourself, and if something is wrong, sell it. Analyze it without being emotionally affected.

50. Trading groups are a good way to learn, but not always. Know what is right for you.

51. Be wary of easily matched transactions. The best deals rarely give you the best deals.

52. You need to have a strong mind to accept a bad trade and sell it with a loss. The easier thing to do is command and hope it turns around.

53. The heaviest work should be done while the market is closed. So that when the market opens you are ready and act only when the time comes.


54. Be around positive people. Haters like to hate others because they are weak. They are losing, that's simple. Positive people will not be critical, because they are on the path of victory.

55. Work hard and be smart. Both are important if you want a professional career in trading.

56. A human's personality will be tested when things go awful. Are you a phoenix rising from the ashes?

57. Don't be proud to clap your chest when everything is going really well. No one knows what will happen tomorrow.

58. The more you force the matched transactions, the higher the chance of losing. Let everything happen naturally.

59. Lucky breaks often come when you are doing well. Bad breaks often come when you're badly trading.


60. The winning streak and the losing streak appear cyclically. Be aware of what cycle you are in.

61. Market Peak is a long process, not a 1-day event.

62. Breakout breaks and failed stocks are the first warning signs. Gradually the remaining stocks will deteriorate to the general stock index.

63. The market bottom is a process, not a single event. Many stocks begin to bottom out long before stock indices.

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