If you don't manage your positions wisely, the market will chew you up and spit you out! Do you want to stay ahead and avoid fatal mistakes? Here's what every serious trader should know:
🚨 1. Cut Losses at 10% – No Excuses!
🔹 If you're down 10%, get out! Don't think twice—holding on can drain your portfolio.
🛑 2. Set a Stop Loss – Your Lifeline in the Market!
🔹 A 5% stop-loss can save your capital. Hope is not a strategy—protect yourself!
💰 3. Never Overtrade – The Market Doesn’t Care About Your Greed!
🔹 Over-relaxing? Frequent trading? This is how you screw yourself. Trade smart, not emotionally.
⚡ 4. Secure Profits – Never Let Profits Turn to Dust!
🔹 Made a profit? Lock it in! Move your stop-loss above your entry—never let a winning trade turn into a loser.
😵💫 5. When in Doubt, Jump!
🔹 Uncertain about the trend? Get out fast. Doubt = disaster.
🔥 6. Only Trade in High Volume Markets!
🔹 Low liquidity = slippage nightmares. Stick to hot markets with strong volume.
📈 7. Forget Target Prices – Follow the Trend!
🔹 Rigid goals? Big mistake. Markets don't care about your plans—adapt or die!
🧠 8. No Emotional Outbursts – Stick to the Plan!
🔹 Closing a trade on impulse? This is how dreams are crushed. Follow your risk management rules!
⚔️ Crypto is not a get-rich-quick game—it's a war of survival.
Your mindset and strategy will decide whether you make it or get wiped out. Be the predator, not the prey! 🚀💰
💬 Which rule do you follow the most? Leave your thoughts below! 👇
