Marc_o
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Marc_o
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One thing I’m starting to understand about crypto is that protecting your money comes before making money.
It’s easy to get excited when a coin starts pumping and feel like you need to jump in immediately. I’ve learned that chasing the move can be more dangerous than missing it.
Before entering a trade, I think it’s worth asking:
• Where am I entering?
• Where will I exit if I’m wrong?
• How much am I actually willing to risk?
There will always be another setup. Missing one trade is better than letting one bad trade control your whole account.
What’s one trading lesson you wish you had learned earlier?
#CryptoTrading. #RiskManagement" t #tradingeducation #BTC $BTC
One thing I’m starting to understand about crypto is that protecting your money comes before making money.
It’s easy to get excited when a coin starts pumping and feel like you need to jump in immediately. I’ve learned that chasing the move can be more dangerous than missing it.
Before entering a trade, I think it’s worth asking:
• Where am I entering?
• Where will I exit if I’m wrong?
• How much am I actually willing to risk?
There will always be another setup. Missing one trade is better than letting one bad trade control your whole account.
What’s one trading lesson you wish you had learned earlier?
#CryptoTrading. #RiskManagement" t #tradingeducation #BTC $BTC
It’s easy to get excited when a coin starts pumping and feel like you need to jump in immediately. I’ve learned that chasing the move can be more dangerous than missing it.
Before entering a trade, I think it’s worth asking:
• Where am I entering?
• Where will I exit if I’m wrong?
• How much am I actually willing to risk?
There will always be another setup. Missing one trade is better than letting one bad trade control your whole account.
What’s one trading lesson you wish you had learned earlier?
#CryptoTrading. #RiskManagement" t #tradingeducation #BTC $BTC
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