Honestly, I have to admit — I lost around $1000 worth of Bitcoin over the last twoyears without proper knowledge.
Here’s a list of my mistakes:
1. 90% of the time, I made emotional decisions, leading to massive losses.
2. I didn't even analyze the market properly — just stared at the charts for 5 to 15 minutes and jumped into trades.
3. Tried to analyze the market on my mobile, acting like a pro trader — such foolishness!
4. After one profitable trade, I would immediately jump into another out of greed. 💲💵 If the trade went wrong, fear would take over.
5. When my first trade of the day was a loss, I would sit in front of the charts seeking revenge trades or trying to recover my loss.
6. At least I always used a Stop Loss (SL) — sounds good, right? But the worst part was: whenever the market moved close to my SL, I would quickly adjust it and "hope" for a miracle hit. Joker behavior.
7. When trades went against me, I'd start praying to God, spend sleepless nights, get angry at family and friends, develop mental stress, and even affect my health.
8. I traded everything — spot, futures, options, bots — without focusing on mastering one. It was complete chaos.
9. I used high leverage — felt happy when I made a little profit and devastated when I lost. Emotions ruled me.
10. Without knowledge = loss. With knowledge = profit.
This is Saleha's realization: Start small, gain experience first, then think about scaling up.
Be like a robot — trade with discipline. Always use an SL you can afford to lose, set it, and LEAVE the trade alone.
Never manually close early when in profit, and never touch SL when in loss.
