Making trades without control is a major taboo. The iron rules used by experts to avoid opening positions will help you completely bid farewell to random order placements. $LUNA $ZEC
First, do not open a position at key levels, only act at clear trend support or resistance levels, and refuse to enter the market randomly in intermediate positions.
Second, do not open a position if the trend does not break through; if you want to reverse, you can, but you must wait for the market to break out on its own, and only act after confirmation.
Third, do not open a position without a signal from the system; your trading system is the only commander, and if no signal appears, wait patiently.
Fourth, do not open a position if you cannot find a stop-loss location; if you can't even find a stop-loss level before placing an order, it's not worth starting this trade.
Fifth, do not open a position if the stop-loss is too large; once you discover that the potential stop-loss for this trade is far greater than the profit, and the risk far exceeds the return, give up immediately.
The five iron rules boil down to three core words: execution.