Four trading iron rules. Want to know what they are?

The first iron rule is 'follow the trend'. In the cryptocurrency market, do not go against the trend, or you will be ruthlessly crushed by the market. Only by following the market trend can you steadily earn profits.

The second iron rule is 'strict risk control'. No matter how excellent your trading strategy is, without strict risk control, a single huge loss could leave you bankrupt. Therefore, we must set stop-loss points to avoid emotional trading.

The third iron rule is 'only trade within your model'. Everyone has their own trading model; only by trading within a familiar model can you reduce the likelihood of making mistakes. Do not blindly follow the crowd, and do not easily try new trading methods unless you fully understand them. The last iron rule is 'stick to compound interest'. The compound interest effect is one of the most powerful forces in the stock market; only by adhering to long-term investment can your funds achieve exponential growth. Do not be greedy for temporary profits and forget the magical power of compound interest.

These four trading iron rules, while seemingly simple, contain profound investment wisdom. If you want to achieve stable profits in the cryptocurrency market, you must keep these four iron rules in mind and continuously apply and refine them in practice.