A GREEN PORTFOLIO CAN STILL HIDE A BAD TRADE.
This is something I think many beginners learn too late.
You buy BTC.
It goes up.
You make money.
So you assume the trade was good.
Not necessarily.
Maybe you risked far too much.
Maybe you had no exit plan.
Maybe you simply got lucky.
Profit tells you what happened.
Risk management tells you whether you can repeat it.
That's why I'm starting to care less about being right and more about being prepared when I'm wrong.
Because one lucky trade doesn't make a trader.
How do you define a “good trade”?
Profit — or good decision-making?
#CryptoEducation
#TradingPsychology
#CryptoTrading
#Btc
This is something I think many beginners learn too late.
You buy BTC.
It goes up.
You make money.
So you assume the trade was good.
Not necessarily.
Maybe you risked far too much.
Maybe you had no exit plan.
Maybe you simply got lucky.
Profit tells you what happened.
Risk management tells you whether you can repeat it.
That's why I'm starting to care less about being right and more about being prepared when I'm wrong.
Because one lucky trade doesn't make a trader.
How do you define a “good trade”?
Profit — or good decision-making?
#CryptoEducation
#TradingPsychology
#CryptoTrading
#Btc
