Most beginners don't lose money because they lack indicators.
They often lose because they enter trades without a clear plan.
Before entering any $BTC trade, ask yourself:
1. What is my entry reason? 2. Where is my trade invalidated? 3. How much can I afford to lose? 4. Am I following a tested setup or chasing a move? 5. Would I still take this trade if nobody else were talking about it?
A good trader doesn't need to trade every market movement.
Sometimes, protecting your capital is the best decision.
Question: Which is harder for you — waiting for a setup or accepting a loss?
Today I didn’t take any trade. Reason: My monthly target has already been achieved, so I am currently in a planned rest phase for the next few days. In trading, discipline is more important than activity. Not trading is also a strategy when conditions are not required. #Trading #Crypto #Bitcoin #RiskManagement #TradingJournal #BinanceSquare