🚀 The "three rules" for successful trading: master risk, reward and rhythm! 🚀
Want to improve your trading skills? Follow a simple but powerful strategy - 3R: risk, reward and rhythm!
1️⃣ Risk: Protect your principal and ensure safety!
Do not risk more than 1-2% per transaction.
Always set a stop loss to ensure that the loss is controllable.
It is more important to persist in the market and avoid rushing to pursue short-term profits!
2️⃣ Reward: Prefer high-quality trading opportunities!
Ensure a risk-reward ratio of at least 1:2 (for example, risk $1 and earn $2).
Avoid blindly chasing ups and downs, and wait until the price breaks through or pulls back before entering the market.
Be patient and focus on high-quality transactions, not the number of transactions.
3️⃣ Rhythm: Follow the market trend!
Always go with the trend and avoid going against the trend.
Use longer time frames (such as 4 hours or daily lines) to confirm trends, and short time frames (15 minutes or 1 hour) to execute trades.
Don't over-trade, sometimes being patient is the best strategy. 💥
Additional suggestions:
Record a trading log: analyze your own profits and losses.
Learn from your mistakes: they can help you improve.
Why it works:
The 3R principle helps you maintain discipline, focus and consistency, which are the core of long-term trading success!
👉 Chat about points, look at directions, position distribution, choose potential coins, enter 👗, Gong Zhonghao: Encryption King 👈