GENERAL RULES FOR OPENING A TRADE

Only risk what you can afford to lose. Look at the max amount you are “willing to lose” on a
trade, not what you can potentially win

NEVER EVER exceed max trading amount on a single trade!!!!! Stick with 5 of 7,5%!!!!
NEVER EVER “dollar cost average” your entry price on a losing trade!!!!! NEVER EVER
add money on a losing trade!!!!!

Risk Reward ratio = < 3 → Put in ​MAX 5% ​of your trading budget on a single trade Risk
Reward ratio = > 4 → Put in ​MAX 7,5% ​of your trading budget on a single trade

ADDITIONAL RULES FOR FUTURES TRADES ​RR = < 3 → Max

10x Leverage | Isolated | Max Amount = 5% RR = > 4 → Max 15x
Leverage | Isolated | Max Amount = 7,5%

Don't chase green candles! → Wait for the retest!

Price at buy level → Buy Price above buy level → Place
limit order(s)

Trade with a buy range → Split buy orders 50%/50% | 33%/33%/33% | 25%/25%/25%/25%

Be careful with “market buy” when you want to jump in fast! It's risky because of price spikes.
CHECK PRICE CAREFULLY! (you don t wanna make 100% wick up and create the anomaly)

It's better to miss a trade than having a bad entry and set yourself up for failure. Buying at a
higher price = higher risk, less reward, higher losing %, larger losing $ amount

Still got a bad entry? Sell 50% of your position and set a buy order lower on the next support!

RULES FOR SETTING STOP LOSS (SL) AND TAKE PROFIT (TP)

STOP LOSS → Set an alert on the SL level on TradingView based on candle close after 4hr or daily.
STOP LOSS → Move stop loss to entry only after the retest at the buy level STOP LOSS → Move stop
loss to entry after TP 1 reached

TAKE PROFIT → Set your take profit orders as soon as the trade is active
TAKE PROFIT → Move SL to TP1 when TP2 is reached etc.

CLOSE TRADE → ONLY by TP or SL or info from the trader who made the call
CLOSE TRADE → NEVER Close all trades because some trades hit stop loss.
NEVER PANIC WHEN BTC MAKES A “SMALL” CORRECTION!

MARKETS RECOVER FAST IN A BULL MARKET!!

DON’T SELL LONG TERM SPOT TRADES BEFORE TARGET!!!