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Top 10 Rules In Trading |
Here are some generic rules in trading:
- Never go all in one.
- If you think it has to go down because it went up for so long, it doesn't.
- If you think it has to go up because it went down for so long, it doesn't.
- When you think it is over and it will go down forever, then it's time to consider investing in the opposite. Trading is a game where only 10% win - and you do know that for that you need to think differently than how the 90% think.
- If you just had a failed trade that you didn't expect, don't rush into another trade.
- Don't fear missing out. There are new trading opportunities every day.
- Don't force the trade if the pre-trade setup isn't playing as you're expecting.
- Know your strategy. If your strategy is to slowly accumulate more, you don't need 50x swing trades in between - they can just f u c k u p your portfolio.
- write down your first gut reaction that you get within 60 seconds of looking at the charts.
- Don't trust your gut reaction.
Bonus rule: Taking good care of yourself.
Feel free to write in the comment your own rules and Share This Article To help your Crypto brothers make better trades.
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