Golden Rules for Spot & Futures Trading:
* Risk Management (ROI): Never risk more than 1-2% of your capital per trade. This is the universal golden rule.
* Climate Strategy: Have a plan (entry, exit, stop-loss) before each trade. Stick to it, without emotion.
* Storm Analysis: Understand trends (bullish, bearish, sideways) and key levels.
* Leverage Effect (Futures): Use leverage with extreme caution. It amplifies gains and losses.
* Stop-Loss (Lightning Rod): Always set a stop-loss. Protect your capital from unexpected reversals.
* Patience (Compass): Wait for the right setups. Do not force trades.
* Logbook: Document each trade to learn from your mistakes and successes.
* Psychology (Anchor): Manage your emotions. Fear and greed are your worst enemies.
* Continuous Training: The market evolves, and so should you.
* Non-essential Capital: Never trade with money you need to live.