Iron rules of trading, if you can do these, you can turn over and become the master in the cryptocurrency circle. #BTC
1. For short-term speculation, you must set a stop loss for each transaction.
2. Stay away from the market when you are emotional and don't make orders.
3. The risk of each transaction must not exceed 10% of the principal.
4. After entering the market, you must not blindly ship out because of lack of patience. The development of the market takes time. Before the market proves that you are wrong, you must have enough confidence and patience.
5. Do not magnify the transaction and exceed your ability to bear the loss of funds.
6. When the technology is not proficient enough, you must never trade more than 3 positions at the same time.
7. After making a profit, the profit is extracted as a percentage.
8. It is forbidden to gamble on the position.
9. After entering the market, you cannot cancel the stop loss standard at will. If the stop loss standard is touched, it will be executed unconditionally.
10. Avoid adding positions after the transaction goes smoothly. You must wait for the next opportunity.
11. Do not trust other people's opinions easily, unless his opinions can influence the market, so any opinions can only be used as a reference.
12. Develop a strict trading strategy, do not deal with it casually, and if there is no opportunity for short-term speculation, it is better not to make a single order, and trade only when you are ready.
13. Spend some time every day or before going to bed to make a necessary summary of the day's transactions.
14. To survive in this market, you must remember: survival is always the first priority, and making money is always the second priority.
15. It is difficult to defeat yourself. It is more realistic to understand your own problems and find ways to avoid them. If conditions permit, you can also make up for it with external forces.
Four rules for successful trading: trading discipline, trading strategy, trading summary, and capital curve. #ETH #美联储何时降息？
