1. The risk of each trade should be controlled within 10% of the principal, especially for beginners, it is best to keep it between 2%-5% to ensure that you do not lose everything in one trade.

2. After entering the market, never close your position early due to short-term fluctuations or lack of patience. The market needs time to develop; patiently wait for the market to validate your strategy.

3. Each trade must be executed according to plan; overtrading will only increase the chances of mistakes.

4. After making a profit, adjust your take profit and stop loss to secure gains, continuously follow the market trend until a trend reversal is detected.

5. Setting a stop loss point is key to trading ◇ Do not casually cancel stop losses; after entering the market, stick to risk management.

6. Avoid greedily adding positions when the market is favorable, as this can easily lead to a break in the capital chain.

7. Switching from long to short positions requires very high trading skills; beginners should not attempt this lightly.

8. When trades are going well, remain cautious; avoid casually increasing positions, as it can easily lead to complacency. This set of trading principles has helped me steadily progress in the cryptocurrency space, avoiding many unnecessary risks.

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