Gate Square “Creator Certification Incentive Program” — Recruiting Outstanding Creators!
Join now, share quality content, and compete for over $10,000 in monthly rewards.
How to Apply:
1️⃣ Open the App → Tap [Square] at the bottom → Click your [avatar] in the top right.
2️⃣ Tap [Get Certified], submit your application, and wait for approval.
Apply Now: https://www.gate.com/questionnaire/7159
Token rewards, exclusive Gate merch, and traffic exposure await you!
Details: https://www.gate.com/announcements/article/47889
If you want to survive in the market, forget about theories and pay attention to Paul Tudor Jones, one of the most legendary traders. He not only made millions during the 87 crisis, but has maintained a successful hedge fund for decades.
Their rules are straightforward, no-nonsense, and will help you protect your capital:
1. Don't average down your losses: If you make a mistake, don't keep putting in money. It's like throwing gasoline on a fire.
2. Avoid the uncontrollable: Don't trade in markets where a simple tweet can ruin you. Liquidity is your friend.
3. Leave when you're uncomfortable: If a trade is keeping you up at night, it's time to close it. Your peace of mind is worth more than any potential gain.
4. Forget about the entry price: What matters is the present, not at what price you entered.
5. Defend yourself first: Protect your capital as if it were the most valuable thing you have. Because it is.
6. Assume you are wrong: This mindset keeps you humble and quick to cut losses.
7. Leave the ego at the door: Overconfidence is the quickest recipe for disaster.
Jones's true skill is not guessing the market, but having the discipline to protect himself when everything changes. His habits are not just advice, they are survival rules. Which of these rules do you find the most difficult to follow? Share your opinion.