🔥 PUT 500$ INTO FUTURES AND LOSE MONEY — IS IT TUITION OR A STUPIDITY TAX? (PART 1)
Losing money doesn’t necessarily mean you’re bad at this. Some losses help you grow, but others just cost you money without teaching you anything.
In Futures, learn to distinguish between 3 types of losses:
👉1. TUITION:
Entering trades based on emotions, listening to KOLs, jumping on every trade you see, not knowing why you entered or where to cut your losses.
👉2. STUPIDITY TAX
Losing money but not understanding what you did wrong.
You follow your process when entering a trade: you have an entry point and a reason, you use a reasonable amount of capital, and if you’re wrong, you cut your losses according to plan. You still lose, but you learn from the experience.
#sancryptovietnam #trading
Losing money doesn’t necessarily mean you’re bad at this. Some losses help you grow, but others just cost you money without teaching you anything.
In Futures, learn to distinguish between 3 types of losses:
👉1. TUITION:
Entering trades based on emotions, listening to KOLs, jumping on every trade you see, not knowing why you entered or where to cut your losses.
👉2. STUPIDITY TAX
Losing money but not understanding what you did wrong.
You follow your process when entering a trade: you have an entry point and a reason, you use a reasonable amount of capital, and if you’re wrong, you cut your losses according to plan. You still lose, but you learn from the experience.
#sancryptovietnam #trading