The Complete Trading Philosophy of Top Trader Tony in the Cryptocurrency Circle: Key Practical Strategies of Excellent Traders

Regarded as a classic must-read for futures traders

Author Background#

According to research, this article was originally written by the legendary figure in the futures industry, Yang Bin, and later systematically organized by the well-known trading mentor "Master Tony." Mr. Yang Bin entered the futures industry in 1993, serving in various roles from business representative to business manager at futures companies. With outstanding performance and a good reputation, he has been entrusted to manage client funds since 1994, achieving an astonishing record of over 80% total win rate and cumulative profits reaching twice the managed funds. His work "Peering into the Secrets of the Market: 88 Questions on Futures Trading" is revered as a classic in the industry.

Yang Bin deeply understands the essence of "The Art of War" and often quotes classics:
"War is a matter of vital importance to the state, the ground of life and death, the way to survival or extinction, it must be thoroughly studied."
"He who calculates before battle wins."
"Thus, the skilled warrior can create conditions that are invincible and cannot allow the enemy to be certain of victory."

Ten Iron Rules of Futures Trading#

Always set stop-loss points and capital limits when opening positions.
Do not hold more than 30% of total capital in a single variety.
Set the maximum loss limit for a single trade at 3% of total capital.
Reduce positions in extreme market conditions for two consecutive days (except for strong bullish/bearish trends).
If there are doubts about positions, close at least 50%.
Confirm effective support/resistance levels before adding positions and reset stop-loss.
Position size should not affect mental state as the highest principle.
Beware of market optimism inducing irrational positions.
Do not operate more than 3 varieties simultaneously.
Formulate a complete plan before trading: trend analysis → target levels → position management plan.

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