#TradeLeague Trading Rules
Risk Management: The cryptocurrency market is highly volatile, setting profit-taking and stop-loss orders is an effective method to control risk and avoid emotional trading.
Compliance Trading: Ensure that the trading platform is legitimate and complies with local laws and regulations, and avoid participating in illegal platforms or fraudulent projects.
Diversified Investment: Do not invest all your funds in a single cryptocurrency; it is advisable to diversify investments to reduce the volatility risk of a single asset.
Market Analysis: Use technical analysis and fundamental analysis to determine market trends, carefully choose the timing for buying and selling, and never blindly follow KOL (Key Opinion Leader) advice.
Capital Management: Do not invest essential living funds; it is recommended to use only idle funds for investment and control the capital proportion for each trade.
Avoid Excessive Leverage: Leverage trading carries high risk, avoid excessive borrowing, especially during periods of market volatility.
Regular Review: Regularly review the investment portfolio to ensure it aligns with personal long-term investment goals and risk preferences.
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