#TradeStories
A moment that changed my way of thinking
I was in a calm and reflective state when I was involved in a trade for a new cryptocurrency dropping on Binance, and there were many positive news around the project.
I entered with $70, excited and feeling like I was on the right track.
But what happened next? The cryptocurrency dropped more than 25% in the first two hours.
I stood in front of the screen not knowing whether to exit with a loss or wait.
In that moment, I walked a bit down the street to think and for the first time realized that the market needs calmness, not impulsiveness.
I returned and exited the trade with a small loss.
But I learned that the most important decision in trading is not entering, it is exiting.
Since that day, I have treated the market as a training for my patience above anything else.