**BEFORE YOU START TRADING, KEEP THESE ESSENTIAL RULES IN MIND!**

Here are the critical guidelines to ensure long-term success in the market:

๐Ÿ”น **1. Don't Invest Beyond Your Means**

- Invest only what you can afford to lose. Your investment should be a manageable amount that won't ruin your life if lost. Avoid going all in.

๐Ÿ”น **2. Practice Thoroughly Before Trading**

- Watch live charts, mark your levels, and paper trade. Once confident, trade spot for a while before moving to leverage/futures. Using leverage without spot experience is risky.

๐Ÿ”น **3. Capital Preservation is Key**

- Use Stop Loss and Risk Management effectively. These tools are more complex than they seem. Study and understand them before trading.

๐Ÿ”น **4. Trade with the Trend**

- Avoid fighting the market trend. Use weekly time frames and the 50-day moving average to identify trends. Trade in the marketโ€™s direction.

๐Ÿ”น **5. Focus on Profits, Not Assets**

- Donโ€™t get emotionally attached to any coin or stock. Aim to buy low and sell high. Trade the chart, not your emotions.

๐Ÿ”น **6. Be Decisive, Not Hopeful**

- Don't pray for trades to go your way. If a trade goes against you, exit quickly and start fresh. Cut your losses early.

๐Ÿ”น **7. Plan Your Trades Meticulously**

- Donโ€™t trade without a clear plan for entry, exit, and invalidation points. Rely on your strategy, not others' opinions.

๐Ÿ”น **8. Simplify Your Trading Tools**

- Trading doesnโ€™t require complicated tools or multiple monitors. Focus on a solid plan, manage position size, and exit on invalidation.

๐Ÿ”น **9. Learn by Doing**

- Trade frequently to gain experience. Follow the trend and test your methods in real market conditions. Practice makes perfect.

๐Ÿ”น **10. Trading is Highly Rewarding**

- With discipline and strategy, trading can be one of the most rewarding professions.

๐Ÿ“ข **Stay Smart, Stay Safe!**

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