Trader Should Follow: 8 Prime Rules in Crypto Market
1. Have a Clear Strategy
You must trade with a plan, not emotion.
Whether it’s swing trading, scalping, or long-term holding — define your rules and stick to them.
2. Follow Risk Management
Never risk too much on one trade. Common guidelines include:
. Risk only 1–2% of your capital per trade
• Set stop-loss and take-profit levels
• Adjust position size based on volatility
This protects your account when markets go against you.
3. Learn Before You Trade
New traders often lose money by jumping in without understanding:
• How markets work
• What indicators mean
• How to read price action
Education reduces costly mistakes.
4. Stay Disciplined
Emotions like fear and greed cause bad decisions. Discipline means:
• Sticking to your strategy
• Not chasing pumps
• Not doubling down after losses
Great traders control their minds before they control charts.
5. Review Every Trade
Winners learn from both wins and losses sides
6. Follow Mentor
The mentor is a master so don't creates confusion and inconsistency. Choose one mentor, learn their system deeply, and execute it with discipline.
7. Avoid Over-Trading
Set a fixed trading window. Once your time is up, stop trading—profit or loss doesn’t matter.
8. Master One Strategy Through Testing
To get proper education, then test one strategy for at least 100 trades to understand its real edge.
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