🔥🔥🔥🔥🔥51 gold trading rule (brief)‼️‼️‼️‼️‼️
Divide capital: Don’t invest everything in one deal; split funds into 10 equal parts for risk management.
Protect profits: Never let profits turn into losses.
Don’t average down losses: Don’t buy more if the price is going against you.
Withdraw part of the profits: Regularly realize actual money.
Preserve capital: Your main task is to survive in the market.
Don’t trade too much: Avoid “overtrading.”
The human factor is the enemy: Emotions and hopes hinder success.
No advice: Others’ tips and rumors don’t make money.
Don’t follow the crowd: The majority in the market is usually wrong.
Be patient: Big movements take time to develop.
Trade with the trend: Never go against the main market movement.
Buy strong: Enter the market when the asset is making new highs.
Don’t buy the “cheap”: Low price is not a reason to buy.
Enter correctly: Use a two-step order process and don’t guess the reasons for movement.
The market is always right: Only your opinions can be wrong, but not the price.