15 Signs That You Won’t Succeed in Crypto Trading
This post is about red flags. Signals that indicate you probably won’t succeed in crypto trading.
You may ask, how can I know? Well, this post is based on a true story. My story.
I experienced each of these signs. I made the mistakes. I learned from it.
And I hope this post helps others to avoid at least a couple of these mistakes.
#1 – You don’t stick to your strategy
#2 – Your trading decisions rely on emotions
#3 – You think backtesting is a waste of time
#4 – You exceed the trading limits you set
#5 – You don’t journal and analyze your trades
#6 – You increase your margin after you lose a trade
#7 – You’re trying to win money back after you lost a trade
#8 – You chase new tokens/strategies/approaches every day
#9 – You switch between timeframes to justify your decisions
#10 – You get nervous if you haven’t placed an order for an hour
#11 – You’re constantly searching for influencers and rely on their calls
#12 – You are searching for that one shot, that one gem that will change your life
#13 – You‘re feeling stressed if you can’t check the charts for a couple of minutes
#14 – You spent most of your time watching charts instead of building trading systems
#15 – You trade lower timeframes because you think this is how you can reach your goal faster
What would you add? 👇