Trading is not rocket science. A proven edge. Risk management. Emotional discipline. Literally. That's it. Keep it simple.
over 1 year ago
Trading is war. War against others. War against yourself. I've been a soldier in this war for almost 5 years. Here's some tips on how you can come out on top: 🧵
over 1 year ago
Have a flexible mind. And a heart open to taking losses. When your positions aren't reacting the way you thought it should... Cut it. Heck. Open a trade in the opposite direction. Only the best are able to accomplish this. You can be the best too ;)
over 1 year ago
I don't recommend most people hold more than 10 coins in their portfolio. Reason being it gets hard to manage all the positions. Unless you have a 5-year timeline and dgaf what happens to your bags (you shouldn't) You're gonna needa spend time each day reviewing positions.
over 1 year ago
Back in the day... Crypto was just switching between discord, telegram and twitter for 16 hours a day. And then staring at your positions for the remaining 8. Fun times
over 1 year ago
Stop trying to predict what price is trying to do. React instead to what the markets are telling you. If you can do that. You will win.
over 1 year ago
WARNING: Studies show that not managing your risk and trading more than you should causes CT side effects including extra sensitivity and rage
over 1 year ago
Trading is not for everyone. Some people aren't able to handle the emotional pain that comes with trading. Some can last for a while. But most can't last after a while. And that's fine. Take a break. Go for a holiday. Resting adequately is also part of your job as a trader.
over 1 year ago
The people who stick around during the bear cycle trying to figure things out... Are going to make generational wealth in the next bull cycle. It's not too late to start yet.
over 1 year ago
Trading, like many other crafts... Rewards delayed gratification. Instead of trying to make $10k within a month. Take the time to build good habits and develop a solid foundation. That... Will get you much further than you'd think is possible.
over 1 year ago