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There r unlimited opportunities to make a fortune in this market
Also there r hundreds of ways 2 get rekt/broke
U Must SURVIVE the bad days in order 2 maintain ur presence in the good days
Here r key lessons I've learned in my #Crypto Trading Career
$Btc
There r unlimited opportunities to make a fortune in this market
Also there r hundreds of ways 2 get rekt/broke
U Must SURVIVE the bad days in order 2 maintain ur presence in the good days
Here r key lessons I've learned in my #Crypto Trading Career
$Btc
-U can't get rich fast, unless u were gambling
- ur capital is ur business, PRPTECT IT
- Make sure u Never go broke in a single position
- Risk management is NOT old style BS, it's the key 2 maintain ur ability 2 catch the good trades before running out of ammo during bad days
- ur capital is ur business, PRPTECT IT
- Make sure u Never go broke in a single position
- Risk management is NOT old style BS, it's the key 2 maintain ur ability 2 catch the good trades before running out of ammo during bad days
You need to learn how to beat the market, u can only do this by:
-booking profits, small or big, Profit is Profit
- Cut the losses small, stick to plan and never give up saying ok let me hold it, it will go up eventually
- Avoid Leverage unless u know very well what u r doing
-booking profits, small or big, Profit is Profit
- Cut the losses small, stick to plan and never give up saying ok let me hold it, it will go up eventually
- Avoid Leverage unless u know very well what u r doing
-Use leverage ONLY because you don't want to put big $$ in a single trade, Leverage is to decrease your exposure, not to increase it
-Profit is not Profit unless it was withdrawn out of the exchange into your Bank account
-when things goes bad (series of failures) Go Smaller
-Profit is not Profit unless it was withdrawn out of the exchange into your Bank account
-when things goes bad (series of failures) Go Smaller
Going smaller when setups are keep failing protects u, instead of trying to go big in the bad days while u think u gonna make losses back and where usually u end up losing even more
When things are going well, go bigger gradually
When things are going well, go bigger gradually
You can NEVER time the market, especially with #Bitcoin 
Holding spot is NEVER a bad idea
If u kept going in-out, I can guarantee you that you will miss out the best days in the market
Holding spot is NEVER a bad idea
If u kept going in-out, I can guarantee you that you will miss out the best days in the market
Patience is always ur friend, but What is Patience and when u should be patient?
-Patience On winners, keep them going as long as they r NOT invalidated
-Patience 2 find the proper Setup that matches your criteria(s)
-Patience 2wait the next trade in case u missed out
-Patience On winners, keep them going as long as they r NOT invalidated
-Patience 2 find the proper Setup that matches your criteria(s)
-Patience 2wait the next trade in case u missed out
Never be patient after invalidation, CUT the losing trade following the initial plan
Never be patient when your entry criteria is met, market won't wait for you, good trades usually moves fast
Never be patient when take profit conditions are met, TAKE YOUR PROFİTS
Never be patient when your entry criteria is met, market won't wait for you, good trades usually moves fast
Never be patient when take profit conditions are met, TAKE YOUR PROFİTS
You can afford 5-6 losing trades and make them all back in a single good trade if you were following the proper risk management measures
Never close a position if it's Not invalidated (it's ok to adjust the size based on overall market conditions)
Never close a position if it's Not invalidated (it's ok to adjust the size based on overall market conditions)
