โ ๏ธ๐ก๐ข๐ง๐ ๐ง๐๐๐ฆ๐ ๐ง๐๐๐ก๐๐ฆ ๐๐๐๐ข๐ฅ๐ ๐ฌ๐ข๐จ ๐ฆ๐ง๐๐ฅ๐ง ๐ง๐ฅ๐๐๐๐ก๐๐ต
I've been trading for a very long time. I've gone through multiple periods of liquidation, profitability, and bankruptcy.๐ต
These are the RULES that you MUST adhere to in order to long-term market survival.๐ฅ
1. ๐๐ ๐ข๐จ๐ก๐ง ๐ง๐ข ๐๐ ๐๐ก๐ฉ๐๐ฆ๐ง๐๐:
You should always invest a small quantity of money.Losing it should hurt a little, but not enough to ruin your lifeโ ๏ธ
A Wise man said which I always Promote.
๐ฟ๐ค๐ฃ'๐ฉ ๐๐ฃ๐ซ๐๐จ๐ฉ ๐ข๐ค๐ง๐ ๐ฉ๐๐๐ฃ ๐ฎ๐ค๐ช ๐๐๐ฃ ๐๐๐๐ค๐ง๐ ๐ฉ๐ค ๐ก๐ค๐จ๐โ
Follow this Line And You're Good To Go๐
2. ๐ง๐ข ๐๐๐๐๐ง ๐ง๐๐ ๐ง๐ฅ๐๐ก๐, ๐๐ฉ๐ข๐๐ ๐๐๐๐ก๐ ๐ ๐๐๐ฅ๐ข:
๐ซAvoid attempting to oppose the trend in order to make quick trades.
Utilize the 50-day moving average and the weekly time period to identify trends,and only trade in the direction of the market.๐
3. ๐ง๐๐ ๐๐๐๐๐ก๐๐๐ฅ๐ฆ:
โฆ๏ธ Stop LOSS๐
โฆ๏ธRisk Management๐ช
These two things are far more complex than they appear. Read and then engage in trade๐๐ป
4. ๐ง๐ฅ๐๐๐๐ก๐ ๐๐๐ฆ๐๐๐ฃ๐๐๐ก๐:
Before trading, do a lot of practice.
View real-time charts and then execute trades.
โฆ๏ธTrade spot for a while until you feel comfortable doing so, and only then transition to leverage and/or futures.๐๐ป
5. ๐๐ข๐ข๐ ๐๐ก๐ ๐๐๐ ๐๐ฆ๐ฆ๐๐ง'๐ฆ:
Good and bad assets do not exist.Making money is your goal; you want to purchase low and sell high.๐
Trade the chart and put your emotions, attachments, and logics Aside๐
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