10 Principles of Trading
1. After making a big profit, go to cash; good luck is limited.
2. There is only one leader in the race; the rest are just companions.
3. Trading volume is the most authentic; extremely high volume is a signal for a trend change.
4. Do not catch falling knives; there is no bottom in continuous decline.
5. Three cryptocurrencies are enough; being too diversified won't earn you money.
6. Once a trend is established, it won't easily change.
7. Rapid rises and slow declines indicate selling; rapid declines and slow rises indicate accumulation.
8. When there is a massive volume at a high position, the price is close to the peak.
9. Learn to wait in cash; opportunities are created by waiting.
10. Trading should be planned; buying and selling cannot be random.
