1. Have a clear target and a clear stop loss
Remember: trading doesnt need emotions; only reason and rationality. And you just cant ignore discipline.
2. Sometimes its better to take a small percent profit per position (especially during the bear market). Yes, you will need to make more positions for significant gains, but the guarantees of the success will be much higher. The truth is that the best traders in the world aim for small and consistent profits. They know this is the only way to success.
3. Do not trade with money that you need for living expenses. This is called "risk capital" for a reason.
4. Don't be a blind bull. ALL markets are cyclical. Don't be afraid of failures or failures on the market - this is where you can earn more money.
5. Dont go for one coin, but invest in multiple currencies. That way youll spread the risk. In our CryptoMaker Premium channel we post 3-6 actual signals daily just pick any several coins you prefer and invest. Happy trading!
I strongly agree with your point 2,because most of the traders wait for the big margin in their profit but it is good to collect more small profits than a single big profited trade,and you may include another point with you
buy low and sell high these are the strategy most traders failed to do because of panic selling.And we never have to trader with money which is needed for our daily life,we should have separate investment capital for doing trading.