I was hesitant to enter the trading field, but just 4 days ago, I started with 19 dollars on two coins: PI and MemeFi. At first, the profits were modest, just cents, but with determination and patience, I focused on MemeFi, and I managed to grow the 19 dollars to 32 dollars!
The joy of achievement was great, but suddenly, in less than an hour of absence, I returned to find the loss had reached almost 18 dollars.
Lessons?
The market is unforgiving, and the moment you are absent can change everything.
You must have a clear plan for managing capital and know when to enter and when to exit.
Trading is not just about profits; it is a school that teaches you patience and discipline.
In summary
Stop Loss.
What is a stop loss?
It is a tool that allows you to set a specific limit for losses; if it is reached, the trade will close automatically to protect your balance.
And because I didn't use it, the trade remained open, and the loss grew while I was not present.
Thank God always and forever, in profit and loss.
And the journey continues, God willing, for the better.
#CryptoComeback #FOMCMeeting $BTC