Ten Trench Commandments

1.) Complacency kills
Don’t get lazy, don’t get comfy. The more time you put in the better results you get out.

2.) Take emotions out of the trades. Do not fomo, do not overtrade, do not revenge trade. Decisions made emotionally rarely have good results. There will always be another opportunity. Overtrading and revenge trading always end badly.

3.) Trade mindfully. Set your entries, adds and TP’s at the beginning of the trade. If you don’t know your in’s and out’s the market will take your coins from you at unfair prices.

4.) Adjust your bet size, desired R/R and exits according to status quo.
Know what the market currently is, distinguish it from what you want it to be. Trade according to current conditions.

5.) Don’t turn winning trades into losing trades. Always secure initials at around 2-5x and take some profits out as asset moves. Do not rebid levels you sold at. 

6.) Don’t be afraid to cut losses.
Valuable capital (money, attention, time & energy) goes into every trade. Sometimes you save a lot more by loosing a bit of money.

7.) Focus on consistent profits regardless of size. The delusional expectations of quick big profits bring big losses. Consistent small wins bring confidence & capital. If you are to hit a massive win it will happen unexpectedly.

8.) If you hit a quick mooner do small sells, slow down if your sales are eaten quickly and continue at a higher level. 

9.) Do not leave money on the table. If you think there’s not much upside don’t wait. Sell and go next.

10.) Always sell the first pump. Don’t stay stuck waiting for the next catalyst. No coin candles parabolically. There will be a correction.