🔍 WHAT KIND OF TRADER ARE YOU REALLY?
Before you hit “Buy” or “Sell,” ask yourself these 5 crucial questions — your portfolio will thank you. 📉📈
1️⃣ Why Am I Entering This Trade?
🎯 Your reason must be clear and technical — not emotional.
✅ Valid Setups:
• RSI below 30 (oversold) + MACD bullish crossover + price above 200MA
• Strong support bounce with volume spike
• Breakout above resistance with confirmation candle
❌ Bad Reasons:
• “It feels like it’ll pump”
• “Twitter told me”
• “I’m bored”
🔥 Trading is not gambling — it’s strategy.
2️⃣ Where’s My Stop Loss?
🛑 Risk first — always.
• Long? Stop below support.
• Short? Stop above resistance.
🎯 Never risk more than 1–2% of your account.
Example: Buying at $100, support at $95 → Stop loss = $95 (5% risk)
3️⃣ What’s My Profit Target?
💰 Don’t just hope for gains — plan them.
• Use a 2:1 reward-to-risk ratio
• Target resistance (on longs) or support (on shorts)
• Use trailing stops if momentum continues
4️⃣ What’s the Market Condition?
📊 Market context is everything.
• Trending? Trade with the trend (buy dips, sell rallies)
• Ranging? Buy low, sell high — no breakout chasing
• Volatile? Widen stops and reduce position size
5️⃣ Am I Following My Plan?
📓 Discipline is your real edge.
• Stop hit? Accept it. No revenge trades.
• Target hit? Take profit. Don’t get greedy.
• Journal every trade: Learn what worked — and what didn’t.
✅ Final Rule: Patience Pays
The best traders wait for their setup — not just any setup.
“Be fearful when others are greedy, and greedy when others are fearful.” — Warren Buffett (yes, even in crypto)
Want a full trading plan template?
👇 Reply “Plan” and I’ll send it over.
#SmartTrading #CryptoDiscipline #BinanceAlphaAlert #CEXvsDEX101 #TrumpTariffs