It took me years of losing money to figure out what actually works in trading. Most beginners (including past me) make the same stupid mistakes - chasing insane 100x gains, ignoring stop losses, overleveraging like degenerates, and refusing to take profits. Here's the hard truth:
The traders who last aren't the ones hitting home runs - they're the ones consistently hitting singles and doubles. A 10-20% gain might not sound sexy, but stack enough of those and you'll outperform 90% of "to the moon" gamblers.
When a trade goes your way, the first thing you should do is move your stop loss to breakeven. Now you're playing with house money. Worst case? You walk away even. Best case? You ride the trend risk-free.
And for God's sake, stop using 10x leverage on every trade. You're not a genius - you're a liquidation waiting to happen. 1-2x is plenty if you're actually right about the move.
The market will always tempt you with "one more trade" or "just a little more leverage." The discipline to say no to those urges is what separates profitable traders from broke ones. Take the boring wins, protect your capital, and live to trade another day. That's how you survive long enough to actually make real money.
Remember: The goal isn't to get rich tomorrow. The goal is to still be in the game next year.
