Many people lose in trading not because of inadequate skills, but because they cannot manage their positions and their mindset collapses first.
When the market moves a few candlesticks, they put all their positions in, overflowing with confidence, only to have it crash down, leaving them dizzy and starting to hack, add randomly, and gamble.
If you really want to survive longer, don’t rush to make big money; first learn to control yourself.
📌 First rule, don’t let your positions fly wildly
If you lose 1%-2% on any trade, you should stop; no matter how good you think it is, don’t throw everything in at once. The market is not your father; it won’t care for your emotions.
📌 Second rule, don’t think you can turn things around with one trade
The idea of “recouping everything in one go” is the root of losing money; if you want to turn it around today, you’ll crash tomorrow. If you’re wrong, admit it; don’t expect the market to give you justice.
📌 Third rule, building positions in batches is a good remedy
Entering the market all at once feels great, but if the market goes against you, you panic. Enter slowly and leave some room for retreat; this is the basic quality that helps you survive.
Ultimately, trading isn’t about passionate operations; it’s about surviving through calmness, rules, and time.
If you can’t hold your positions and maintain your mindset, don’t talk about profits.
Playing around in the crypto world is, to put it plainly, a struggle between retail investors and big players. If you don’t have cutting-edge news or firsthand information, you can only be cut! If you want to layout together and harvest from the big players, you can come find me!