Nine Major Trading Rules:
1. Seize the Best Opportunity of the Day: When trading with small capital, capturing one significant volatility each day is sufficient; avoid frequent operations and long holding periods.
2. Follow the Good News Realization Rule: When encountering major good news, if you haven't sold on that day, you must sell on the next day if it opens high, because good news often leads to a downturn once it has been fully realized.
3. Utilize Event-Driven Strategies: Adjust positions in advance before major holidays, such as reducing or clearing positions. Historically, major events are always accompanied by severe volatility; when direction is unclear, wait for the trend to be confirmed before taking action.
4. Manage Medium to Long-Term Positions Well: Operate with light positions when entering, leaving room for maneuvering, adhere to a prudent principle, and avoid betting heavily on market trends.
5. Master Short-Term Trading Tips: Enter and exit quickly in line with the trend, find precise buy and sell points during major volatility; if the market is calm, choose to observe.
6. Clarify the Rhythm of Fluctuations: After a slow price increase, a gradual decline usually follows; a sharp increase is often accompanied by a sharp decrease.
7. Remember that Stopping Losses Equals Profit: Once you realize the trading direction is wrong, stop the loss immediately; do not hold onto losing positions; preserving capital is key to long-term survival in the market.
8. Use the 15-Minute Strategy: When trading short-term, always look at the 15-minute candlestick chart, using the KDJ indicator to accurately capture buying points.
9. Rely on Mindset for Victory: There are many trading techniques, but mindset is the most crucial. The cryptocurrency market is highly volatile; only by maintaining a stable mindset can one thrive in the market.