100tradeschallenge

Second trading week #100tradeschallenge #trade

-$5,579364 📉 8 trades

The worst week. You can't trade without sleep under rockets. I wasn't stopped, I started opening trades with my phone on the street, so I didn't set a stop and got liquidated for the first time 😰
May 7th, I think many remembered it for the losses.
I hadn't slept for over a day, engrossed in the charts, wanting to catch up.

No matter how well you know the asset, watching it for months, the market can always go against you, break the trend, the structure, it can simply crash, especially with new shields. I can't call $LAYER anything else. Time will tell.

Thanks to risk management. Opening countless trades thoughtlessly, I lost a bit. I also summarize each week, indicating my emotions, mistakes, analysis, profit + commission + net profit in the end.

Many traders make the same mistake - they get stopped out, and go in again and again.

My lesson - retreat. There are many situations. There are many assets.

The best solution after a gambling binge is to stop and take a break. I needed 7 days to come back again 🥲. The next trade — will be different 📉➡️📈

Who else is rising after a losing week — write below 👇

#TradingTypes101

The First Trading Week #100tradeschallenge #trade

$2,373330 📈 13 trades

It was difficult to open the first trade. Little understanding, emotions. Then there was more confidence.

Keeping a journal with analysis - the best idea!

I record all challenge trades in a table + connected a trading journal via API - tradersdiaries.com (the service is free). This is enough for me to start.
You can connect an unlimited number of exchanges, collects analytics, screenshots of entry/exit points, trading signals (right now I try to find situations myself and not use signals)

Do you use trading journals? Any recommendations?

I've been in crypto since 2021.

Recently, I made the decision to quit and add another tool - trading. The plans are serious. I am ready.

In my life, I've had banking activities 💰, worked as a flight attendant✈️, maintained infrastructure as a DevOps💻, and led a technical administration department for registries 🧠.

I want to be in the trading environment 📈, where people don’t say: "I kind of traded… lost 500$ — it’s a scam 🤡". When I ask: "where was your stop?" — ERROR 501 😅

It’s important for me to discuss my mistakes, victories, and emotions. Your comments, remarks, suggestions, praise, anything will be useful, I need someone to share everything with and not break down before my time. The best place - #BinanceFeed

I came up with a personal challenge #100tradeschallenge - 100 trades by my rules. The goal is to practice with a deposit of $50.

It's important to work on:

- discipline
- consistency
- adherence to trading systems and risk management
- emotion control
- market awareness
- confidence

Yes, I will do and continue to do many foolish things and some things may seem funny to you, but my goal right now is to make mistakes.

After all, those who don’t make mistakes — do nothing.

If you are also on the path of a trader — write in the comments, let’s get to know each other 😉👇 #trading