Rules are more important than luck; those who can go far are never relying on getting rich overnight.

Many traders become anxious at the slightest market fluctuation, eager to close their accounts and turn a blind eye. I actually wait for these moments. Why? Because a one-sided trend is a luxury; how many people can wait for it once? Instead, market oscillations are the norm.

If you can't see the direction clearly, should you just freeze? That's nonsense. As long as the price moves within a clear range, it gives us a reason to operate. Testing the short side above, testing the long side below—don't get tangled up. Whoever breaks through first, follow them. Let the market itself tell us where to go.

**Position: Survival Comes First**

What does survival depend on? Position management. My strict rule is simple—keep your position light, so light that if you're wrong, you can cut it decisively. Those who get stuck in the mindset of "maybe it will rebound if I wait" have never set a real stop-loss. My standard is to exit if the price falls below the cost basis or key support by 2%-3%. No room for bargaining.

Once there is unrealized profit, the first step is not greed but to move the stop-loss to the cost basis. That way, even if the market later recovers, I can exit safely. Living is a hundred times more important than how much you earn.

**Profits are not profits until they are realized**

Having a profit displayed on the account is just an illusion; real profit is when the money hits your actual balance. So once there is unrealized profit, I will first take out a portion. When this money turns from digital numbers on the screen into actual funds, the mindset relaxes significantly, allowing for more calm and rational decisions.

Adding to positions is never a full gamble; it’s only done on top of existing profits. If the price moves smoothly, add gradually; if the market stalls, stop adding. This rhythm is especially important.

**Regular Investment: Looks Simple, Actually the Most Stable**

Some people look down on this "slow method," but my years of experience prove that a dollar-cost averaging (DCA) strategy is the best way to endure cycles. Set aside a fixed amount of funds each month to buy, avoiding the hassle of timing the market and the risk of heavy one-time positions. In the long run, this approach often yields better results than frequent trading.