The three trading principles purchased at a loss of 10 million yuan must be implemented in practice.

🔸 Preserve the principal: The principal is the lifeblood of trading, without which you cannot participate in the market, let alone seize opportunities. Therefore, the primary task is to protect the principal and ensure that you always have the capital to continue trading.

🔸 Risk Control: Risk management is more important than any trading skill. Effective capital management and risk control can keep you invincible in the market. For example, each trade should not exceed 10% of the principal, and a maximum of 3 trades per day. Even in the face of continuous losses, the maximum loss will only be 30%. By controlling the risk, your mentality will also be more stable.

🔸 Strict stop loss: Never hold positions, never trade frequently, strictly follow the trading plan, and control yourself. It is best to record each trade in the trading notes and insist on reviewing and summarizing daily, finding reasons from failures, and constantly optimizing your trading strategy.

Trading is a spiritual practice that constantly hones one's character weaknesses, respects market rules, reveres the market, goes with the trend, and only trades within one's own cognitive range.