If you're planning to enter the trading world… listen to this first:
"Success is not about winning a trade, success is about staying in the market and protecting your capital."
Many people enter with enthusiasm and exit with losses, and the reason? They didn't stick to the rules.
Give me two minutes and focus on the 8 most important rules to protect your money:
1- Start with Spot Trading
Stay away from leverage, especially as a beginner… it's a big risk and religiously prohibited.
2- Don’t enter a trade without a clear plan
(Entry point – target – stop loss) = the foundation of any successful trade.
3- Analyze by yourself, don’t rely on groups
Relying on others = the first path to loss.
4- Risk only 1% of your capital
Got $1000? Then your maximum loss = $10.
Do you want to lose your capital? You’d have to lose 100 trades in a row… and that’s impossible if you think.
5- Greed is your number one enemy
Win and withdraw, losing? Accept it and exit.
6- Record every trade and learn from it
Every loss is a lesson… but only if you write it down.
7- Knowledge = your only weapon
You can't enter the market while you’re ignorant of it.
8- Your calmness is what will win you
It’s not the smartest trader who wins… the patient one is the one who survives.
Quick question:
What was the first mistake you made in your first trade?
Share with us, and let others learn from your experience.
#Safe_Trading #Crypto_Advice #Spot_Trading #Crypto_Mindset
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