⚠️𝗡𝗢𝗧𝗘 𝗧𝗛𝗘𝗦𝗘 𝗧𝗛𝗜𝗡𝗚𝗦 𝗕𝗘𝗙𝗢𝗥𝗘 𝗬𝗢𝗨 𝗦𝗧𝗔𝗥𝗧 𝗧𝗥𝗔𝗗𝗜𝗡𝗚😵
I've been trading for a very long time. I've gone through multiple periods of liquidation, profitability, and bankruptcy.😵
These are the RULES that you MUST adhere to in order to long-term market survival.🔥
1. 𝗔𝗠𝗢𝗨𝗡𝗧 𝗧𝗢 𝗕𝗘 𝗜𝗡𝗩𝗘𝗦𝗧𝗘𝗗:
You should always invest a small quantity of money.Losing it should hurt a little, but not enough to ruin your life⚠️
A Wise man said which I always Promote.
𝘿𝙤𝙣'𝙩 𝙞𝙣𝙫𝙚𝙨𝙩 𝙢𝙤𝙧𝙚 𝙩𝙝𝙖𝙣 𝙮𝙤𝙪 𝙘𝙖𝙣 𝙖𝙛𝙛𝙤𝙧𝙙 𝙩𝙤 𝙡𝙤𝙨𝙚✅
Follow this Line And You're Good To Go📈
2. 𝗧𝗢 𝗙𝗜𝗚𝗛𝗧 𝗧𝗛𝗘 𝗧𝗥𝗘𝗡𝗗, 𝗔𝗩𝗢𝗜𝗗 𝗕𝗘𝗜𝗡𝗚 𝗔 𝗛𝗘𝗥𝗢:
🚫Avoid 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.📊
3. 𝗧𝗛𝗘 𝗗𝗘𝗙𝗘𝗡𝗗𝗘𝗥𝗦:
♦️ Stop LOSS🛑
♦️Risk Management🪙
These two things are far more complex than they appear. Read and then engage in trade👍🏻
4. 𝗧𝗥𝗔𝗗𝗜𝗡𝗚 𝗗𝗜𝗦𝗖𝗜𝗣𝗟𝗜𝗡𝗘:
Before trading, do a lot of practice.
View real-time charts and then execute trades.
♦️Trade spot for a while until you feel comfortable doing so, and only then transition to leverage and/or futures.👍🏻
5. 𝗚𝗢𝗢𝗗 𝗔𝗡𝗗 𝗕𝗔𝗗 𝗔𝗦𝗦𝗘𝗧'𝗦:
Good and bad assets do not exist.Making money is your goal; you want to purchase low and sell high.📈
Trade the chart and put your emotions, attachments, and logics Aside😊
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