$XRP
1. It’s important to recognize that all technical indicators inherently lag behind market movements.
Take the MACD as an example: by the time it flashes a golden cross buy signal, the price has typically already moved upward. If you act only at that point, you might be arriving too late.
2. Once you've entered a position—whether long or short—forget about your entry price.
Your cost basis shouldn't influence your next move. Instead, base your decisions solely on the current market trend. If the setup remains strong, hold. If it deteriorates, consider trimming your position or exiting entirely.
3. Only invest what you're willing to lose.
Use risk capital—money that won't impact your financial stability if lost.