The 19 Trading Principles of the Big Goose who made over 30 billion in the cryptocurrency world without any losses:
Principle 1: Trade according to the plan and strictly adhere to it.
Principle 2: Trade with the trend, "the trend is your friend."
Principle 3: Use stop-loss orders as much as possible within the allowable range.
Principle 4: Exit immediately if you have doubts.
Principle 5: Be patient and do not overextend your trades.
Principle 6: Quickly accept losses and let profitable positions continue to grow.
Principle 7: Do not let profitable positions turn into losses (or, hold positions that are bound to be profitable as much as possible).
Principle 8: Buy in weakness and sell in strength.
Principle 9: In the early stages of a bull market, act as an investor. In the later stages of a bull market (or in a bear market), play the role of a speculator.
Principle 10: Do not average down on losses; do not increase positions on losing trades.
Principle 11: Do not buy solely because the price is low or sell solely because the price is high.
Principle 12: Only trade in highly liquid markets.
Principle 13: Do not establish positions when prices are moving rapidly.
Principle 14: Do not trade based on insider information.
Principle 15: Always analyze your mistakes.
Principle 16: Be wary of false merger information.
Principle 17: If the success of a trade depends on the correct execution of the trade order, then you should not engage in that trade.
Principle 18: Keep your own trading records.
Principle 19: Understand and abide by the rules!
