Nowadays, few tell the truth to the new traders
but I will leave you with some small tips that will help you
on your journey
Tip
#1 do not look for the perfect strategy or the perfect indicator.
At some point, I was also like that, looking for the perfect indicator that would only tell me when to buy or sell, and that was it.
But I always lost because there is no perfect indicator. If there were, we would all be profitable. But it doesn't work that way; it requires more.
Tip
#2 adding more money to earn more
adding more margin will not make you earn more money; on the contrary, it will make you lose more. If you don't know what you're doing, you're not trading; you're gambling. Hoping the market moves in your favor. If you can't make a profit with just $5, much less with $5000, and at the same speed you lose the $5, you will lose the $5000. Without knowledge of what you're doing, loss is inevitable.
Tip
#3 do not look for the perfect strategy
The mistake many make when entering trading is looking for the perfect strategy. They try everything that exists, and when they fail to be profitable, they pay for a mentorship. Believing that if they pay for the mentorship, they will be profitable, but that’s not the case; the only thing you can end up doing is losing your money and, more importantly, your time. They tell you that you have to wake up at 4 in the morning to be profitable. And that’s a lie; the only thing that will make you profitable is knowing when to buy and when to sell. If you wake up that early to trade, you will only become addicted to trading and consecutive losses until you lose everything. That’s why many end up saying that trading is a scam.
Summary
don't fall for lies; the best mentor you will find will be the market itself, trading and learning from each loss and seeing what the mistake was to avoid it next time. Create your own strategy and don’t copy portfolios. Learn to depend on yourself and not on others.
Discipline and patience will be your best allies.
good luck🍀
$BTC