🚀 A Must-Read for Newcomers in the Crypto World: The 6 Golden Rules of Contract Trading
It’s not the market that loses, but the habits.
I have condensed my years of short-term trading into one sentence
The simpler the rules, the easier they are to overlook.
🔑 Six Golden Rules:
1️⃣ When the price is consolidating at a high level, new highs are often still ahead; when consolidating at a low level, new lows are not surprising. Before a market shift, don’t act rashly.
2️⃣ When the market is flat, never enter the game. Most people get wrecked in fluctuations.
3️⃣ Buy on bearish daily closes, sell on bullish daily closes. Following the market sentiment is more reliable than guessing.
4️⃣ Slow declines lead to weak rebounds; fast declines lead to sharp rebounds. Get the timing right, and opportunities become clear.
5️⃣ Build positions like a pyramid, entering in batches. Always keep some capital in reserve, don’t go all in.
6️⃣ Major price increases or decreases must consolidate, and after consolidation, there will definitely be a market shift. Don’t go all-in at the peak, and don’t go all-in at the bottom; wait for signals before taking action.
📌 The market never lacks opportunities; what it lacks are those who can stay steady, endure, and survive.
Experts are not just lucky; they stick to the “simple methods” and persevere until the end.
