Trading Rules You Must Read
Enter the market cautiously; it's better to enter less than to rush in.
When the price is low and moving sideways, wait for new lows; invest heavily when it's a good opportunity.
Sell when the price peaks and buy when it drops; avoid trading during sideways movement.
Continuous sideways movement means holding onto your coins, as a rise may happen at any moment.
Be prepared to sell during a rapid rise, as a sharp decline may follow.
During a slow decline, it's time to gradually add to your position.
Wait during high and low consolidations.
When the price is high and moving sideways, seize the moment and sell quickly; when the price is low and hitting new lows, it's a good opportunity to buy in fully.
Don't sell during a peak; don't buy during a drop; avoid trading during sideways movement.
Buy during a downtrend, not during an uptrend; sell during an uptrend, not during a downtrend; going against the market makes you a hero.
If the market drops significantly in the morning, it's time to buy; if it rises significantly, it's time to sell; if it rises in the afternoon, don't chase; if it drops in the afternoon, buy the next day; if it drops in the morning, don't cut losses; sleep when there's no rise or fall; average down to seek capital preservation; seeking profit is greed.
On a calm surface, a high wave may come; beware of the big wave behind; after a significant rise, a correction is necessary; look for support during an uptrend; look for resistance during a downtrend.
Having a full position is a major taboo; being stubborn is not advisable; understand the constant changes and know when to stop; enter and exit freely, observing the market: trading cryptocurrencies is about mindset; greed and fear are major harms; be cautious when chasing highs and cutting lows; remain calm and at ease.
