My first trading principle.
When I was young, stock trading was not as convenient as it is today, and people didn't know much about it!
But my father had a universal principle, which is to allocate funds reasonably for any investment.
We can use the pyramid averaging method with one-third for long-term, one-third for short-term, and one-third for reserve funds! The initial position should be the largest, and the quantity added for each subsequent position should be decreasing.
But my father had a universal principle, which is to allocate funds reasonably for any investment.
We can use the pyramid averaging method with one-third for long-term, one-third for short-term, and one-third for reserve funds! The initial position should be the largest, and the quantity added for each subsequent position should be decreasing.
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