#SwingTradingStrategy
๐ 3 Golden Rules for Short-Term Crypto Trading ๐
Want to succeed in the fast-paced world of crypto trading? Follow these 3 golden rules:
1. Lock In Profits Early ๐ค
- Take profits at +10% and watch closely ๐
- If it falls back to your entry price, exit ๐ซ
- At +20%, hold only if it stays above +10% ๐
- At +30%+, secure at least half your gains ๐
2. Cut Losses Immediately๐จ
- If a trade hits -15%, exit without debate ๐ซ
- Never turn a trade into a long-term "hope" investment ๐ค
- Your first loss is your smallest loss ๐ธ
3. Re-Enter Strategically ๐
- If you sell and the price drops further, rebuy at a lower price ๐
- If you sell and it surges, re-enter only with clear confirmation ๐
- Trade the chart, not your emotions ๐ก
Final Word๐
Consistency beats home runs ๐. Stick to these rules, and youโll outlast 90% of traders ๐ฅ.#PowellRemarks #TradingLessons #CryptoLife #crypto $ETH $APT $ARB
