safe trading! How to trade?
1. **Cash Out and Relax When Profitable**: When you've made significant gains, it's wise to take a break and enjoy life. Avoid greed—take your profits, relax, travel, and recharge.
2. **Analyze Losses Over 10%**: If your losses exceed 10% consecutively, stop trading and investigate the cause to prevent further decline. It's crucial to understand and address why you're losing money.
3. **Avoid Trading in Ambiguity**: For short-term trades, ensure you have a clear understanding before making a move. Unclear opportunities often lead to losses, so don't trade if you're uncertain.
4. **Avoid Following High Increases**: If an asset has already increased by more than 50%, it's likely a trap. Jumping in at this point often results in getting stuck in a bad position.
5. **Be Wary of Post-Surge High Volume**: After a significant surge, high trading volumes can be deceptive and are often a lure to buy more. Control your emotions and avoid getting drawn in.
6. **Buy Strategically**: Buy low during weak phases and buy after a pullback during strong phases. This approach ensures more stable operations.
7. **Be Cautious with Adding Positions**: Don't add to your positions unless you are 90% confident in your understanding of the situation. Building positions in batches at low points is a more stable strategy.
