$BTC $ETH $BNB 1.Open positions with a maximum of 3% of your capital (max, not always 3%).
2 The maximum capital tied up at one time is 9%.
3.Before big data announcements, always move your stop loss to entry or close positions.
4.Always move your stop loss to breakeven after hitting your first take-profit (TP1).
5.Only add to winning positions (see point 6).
6.You can add to a losing position once, but keep the total account exposure under 9%.
7.Before opening a position, check market sentiment, other traders’ positions, liquidity, funding, open interest and compare them to your potential setups.
8.The minimum Risk-to-Reward ratio for every trade is 1:2.
9.Don’t be afraid to hold winning positions for a long time—just secure them with a stop loss at breakeven and hold, or add to the secured profitable position.
10.Don’t hold losses for long—cut them quickly and don’t be scared to do it. Making money comes from not losing it.
11.The maximum daily drawdown is 10%. If you hit this, step away from the charts or trade with just a few dollars.
12.On days with economic events, trade with half your usual size: 3% becomes 1.5%, 9% becomes 4.5%.
13.Always use limit orders (pending orders). They cost half as much as market orders (instant trades).
14.Always watch your open positions. If you’re trading, focus on that, not distractions.
15. Take breaks from trading. I do it mostly on weekends (except for rare market opportunities).
16.If you don’t feel comfortable, don’t trade—the market isn’t going anywhere. If you’re really tempted, trade with 1/5 of your normal size (3% x 1/5).
17.Don’t let others ruin your plan. If you have a setup, stick to it—don’t cancel it because someone posts a different idea.
