TITLE: Part 2: After 1.7K Views, Here Are My 5 Rules to Stop Overtrading
Thank you for 1.7K views on Part 1! You asked for my solution, so here are the 5 rules that saved my small account.
I was making 10 trades a day and losing. Now I make 1-2 quality trades.
RULE 1: One Chart, One Pair
I only watch $BTC now. Before I was jumping from $BTC to $ETH to altcoins. Focus = profit.
RULE 2: Write Before You Click
I write my entry, stop loss, and exit in my journal BEFORE I open Binance. No journal = No trade.
RULE 3: The 2-Trade Rule
If I lose 2 trades in a day, I close the app. No revenge trading. This saved me 70% of my losses.
RULE 4: Check $ETH for Confirmation
I never long $BTC if $ETH is dumping. $ETH is the best confirmation.
RULE 5: Sunday Planning
Every Sunday I plan my whole week. No plan on Sunday = losses on Monday.
Which rule do you need most? 1-5 comment below.
I will share my journal template in Part 3 if this hits 2.5K views.
$BTC $ETH
Thank you for 1.7K views on Part 1! You asked for my solution, so here are the 5 rules that saved my small account.
I was making 10 trades a day and losing. Now I make 1-2 quality trades.
RULE 1: One Chart, One Pair
I only watch $BTC now. Before I was jumping from $BTC to $ETH to altcoins. Focus = profit.
RULE 2: Write Before You Click
I write my entry, stop loss, and exit in my journal BEFORE I open Binance. No journal = No trade.
RULE 3: The 2-Trade Rule
If I lose 2 trades in a day, I close the app. No revenge trading. This saved me 70% of my losses.
RULE 4: Check $ETH for Confirmation
I never long $BTC if $ETH is dumping. $ETH is the best confirmation.
RULE 5: Sunday Planning
Every Sunday I plan my whole week. No plan on Sunday = losses on Monday.
Which rule do you need most? 1-5 comment below.
I will share my journal template in Part 3 if this hits 2.5K views.
$BTC $ETH