It’s easy to gain profit and lose everything.
Last year I made $1500 and lost almost the same. Ridiculous thing: I could make $100 from $3 and roll back in an eye blink.
So I had to revise my strategy.
- You haven’t lost if you keep money in stable coin (USDC in my case) and every day there will be another opportunities to make money. This simple thought calm down my mind and lower the overall stress.
- If you are not sure, where it go, don’t bid. As simplest as first one.
- Never try to make money fast, higher leverage - less buffer for mistakes, more losses to come.
- I’m not trading on Sundays. Somehow its a rollercoaster, never win.
- I’m not trading when I’m busy with other stuff. Better to keep an eye, that it goes where I thought, and exit if it’s not.
- In case it goes right setup stop loss on some profit.
That’s it.
Share you tricks 👀