Before you lose thousands of dollars, avoid these (10) mistakes which cost about (7) thousand dollars... As I promised you, here are the heartfelt tips: 1/You must set a stop loss... even if it reaches 50%, it's better than ignoring it. 2/Do not make all your currencies rise or fall. You should diversify them and make most of them in the general direction of the market... for example, if the general market trend is upward, make 3 buys and 2 sells.
The difference between beginners and professionals. ... 🅰️Professional: At this height, he jumps and convinces himself that it will fall to the bottom. 🌺Beginner: He is haunted by the temptation (it will bounce back... I will double the capital)
In the end, it drops and he gets stuck with a big loss.
I did not reach an understanding of the secrets of time frames until after a year of losses and failures...
🌺I used to think that small time frames (quarter/minute/five minutes) are the fastest for profit and the best for speculation ... but the surprise is the complete opposite.
🅰️The two-hour and daily time frames are the best, most successful, and least losing.
🌺The biggest surprise is that small time frames are not suitable at all for beginners because they require high skill and precise knowledge.
🅰️I reached this conviction and returned to famous traders, and I found them confirming this truth and saying: (One of the biggest mistakes of beginners is that they trade on small time frames, falling into the traps of the big players easily and quickly).
🌺Someone will say: I cannot bear the long wait with the large time frames. And I say to him: If you do not have the patience, I advise you to exit the market with your money before the market leaves you empty-handed.
#دروس_للمبتدئين 53 Why do we lose? This is the question that haunts all beginners ... From my perspective, after hundreds of mistakes and zeroing my account several times ...
🅰️ The most common way to lose is when you change your strategy.... 🌺I will explain to you how this happens.
You start with a simple yet firm strategy (Fixed profit ratio / Strict stop loss / Reasonable trade amounts / Do not go against the market / Seize opportunities).
You see yourself starting to achieve excellent results and profits.... Your confidence increases and arrogance rises...
And you begin to abandon your strategy....
So once (you ignore the stop loss.. and once you buy a currency with all your capital... and once you reverse the trend....)
Here the market is watching you... it realizes that you have abandoned your discipline... you have abandoned your strong strategy...
So it betrays you unexpectedly and drags you to the bottom, and you watch your balance drop before your eyes...
And you keep telling yourself (the situation will improve ... the price will rebound...) And the market stamps you with a big zero, leaving you in regret and sorrow because you abandoned your strategy, which is your most important weapon in this volatile market.
May God compensate you and me with compensation that fills your coffers.
$B2 This coin is in a very excellent bottom and the possibility of it rising is likely at any moment with consideration of 🌺a strict stop loss at: 0.31
$PTB Some currencies have not dropped to the bottoms And the possibility of their drop is likely... And there are currencies that have reached the lowest of the low.
Such currencies are a golden opportunity for those who have financial abundance.
🌺For your information, I do not own a single dollar in this currency. (Because I do not currently own a single dollar).
#دروس_للمبتدئين 52 (Get out immediately) Did you know that one of the windows that plays with your feelings and changes your decisions is standing frozen in front of the screen...
🚨A piece of advice from the bottom of my heart: Make your deals, determine the profit and loss, turn off your phone, and do not open the market except after hours or once only in the day and another at night.
🅰️Trust me, you will win...because you have sown, watered, and left the rest to God the Provider...and He will never let you down.
But you remain on the phone (your eyes will get damaged...your decisions will change...your mental state will deteriorate).
One of the zeros for zeroing the account is that I used to follow some analysts, especially foreign ones, and I see them placing a stop loss far away, and when the price touches it, the balance zeros out even if it was $1000.
The lesson you should learn, dear beginner with little money, is: Those who you see placing a stop loss far ... they themselves do not place a stop loss. Or they place it and then if the price gets close to it, they move it further away ... and the rest bite the bait and their accounts zero out. 🚨 Stick to a minute/ five/ quarter-hour frame and see the closest bottom in these three and set your stop loss below it. ... Your loss may be $2-5, which is better than (zeroing the account).
🅰️The disaster: the same person who analyzes comes back after a while and says (Thank God my analysis achieved all the goals) Well, my dear, what about the chart touching the stop loss point that you set. .. He acts like he’s dead, with one ear in mud and the other in dough.
🅰️So, dear, listen to what I told you from experience and be satisfied with a profit of 5-10% always ....
$COAI This currency has drained the pockets in an endless manner.... I think it has now completed its downward journey and started a slow upward movement ... Watch it, for if it continues, it will be a profitable launch, and if it strains its neck, get out of it until it stabilizes in its resting place.
#دروس_للمبتدئين 50 [Stop Loss] When, where, and how to set the stop loss.... Through my experience, I found that stop loss does not apply to all traders. There are determinants that must be considered: 🅰️If your capital is under $100, the loss numbers set by some advisors do not suit you (because they will swallow half of your capital)... Therefore, go to the five-minute frame and choose the nearest bottom for your entry and set your stop loss there. 🌺If your capital is $500, then go to the quarter-hour or hour frame and choose below the bottom that it has. 🅰️If your capital is $1000 or more, you are perfectly fine... set the stop loss that is determined by expert advisors and you can be assured that the volatility will not shake your capital.