2025.11.17

The experiences paved with the blood of predecessors are left here as a reference, hoping not to be blinded in future trades.

Gann Theory 24 Trading Rules. Read them once before each trade and after a loss. Guaranteed to be useful. Contract strategy...
1. The amount of funds used. Divide your funds into x parts, and do not let each loss exceed one part of the funds.
2. Set a stop-loss order. For example, set a stop-loss for ETH at $20, and for altcoins, set a stop-loss of 5-10 points. Establishing a stop-loss helps protect trade safety and reduce risk!
3. Never overtrade. This will undermine your capital usage rules.
4. Never let profits turn into losses. Once you have achieved a paper profit of 3 points or higher, raise your stop-loss setting so that you will not incur a loss.
5. Do not go against the market. Trade with the trend; go long in a bull market and go short in a bear market!
6. Leave the market as soon as you have no confidence, and do not enter when you have doubts. Learning to stay out is also a skill!
7. Only operate on high liquidity assets. This refers to what we commonly call popular coins.
8. Spread the risk. Avoid putting all your funds on a single asset; generally, 3-5 is preferable!
9. Market conditions are volatile; do not rely solely on a single price.
Flexible use of market price and limit price.
10. Do not close positions without a reasonable reason. You can raise your stop-loss level to protect your profits.
11. Save the surplus. After you have achieved success in a series of transactions, set aside some of the profits into your surplus account for emergencies or in case of a panic sell-off.
12. Do not buy into a coin just because it has staking and you have faith.
13. Do not try to lower your cost during a bear market. This is one of the worst mistakes traders can make.
14. Do not leave the market just because you have lost patience, nor rush into the market just because you are anxious from waiting.
15. Avoid losing a lot of money for the sake of small profits.
16. Do not cancel the stop-loss order you have set during the trade.
17. Avoid entering and exiting too frequently.
18. Just as you are willing to go long, be willing to short as well. Set your goal to align with the trend and make a profit.
19. Never buy it just because the price is low, and don't short it just because the price is high.
20. Be careful not to engage in pyramid trading at the wrong times.
The law. Additional buying can only be made after the trading becomes very active and breaks through the resistance level; conversely, additional selling can only be done after breaking through the distribution area.
21. Select small-cap stocks and use the pyramid trading method to go long while they are rising, and choose large-cap stocks to short.
22. Never engage in hedging operations. If you go long and it starts to drop, do not short to hedge it. You should sell at the market price and step aside to observe. If you take a loss this time, wait for the next opportunity.
23. Never change your position in the market without a good reason. When you trade, you must have sufficient reasons to support your actions or operate according to a specific plan, and then, do not exit until there are clear signals of a trend reversal.
24. Avoid increasing your trading scale after a long period of successful trading or continuous profits over a period of time, as this can prevent you from losing most of your past achievements due to a single mistake!
When deciding to trade, following these 24 rules can help you reduce losses and increase profits!
When a loss occurs and liquidation happens, look back to see which of these rules was violated, and remember not to make the same mistake a second time.
Experience and research can convince you of the value of these rules. Adhering to and studying them will provide you with correct and practical theories, enabling you to achieve success in trading.