Hello, what happened to Maruf?

#Binance new coin trading #bullish trade #ProfitableTrades #scalping
$LAUSDT
After this coin took harsh beating today with over 20%, it was turn for taking long entry and hence took 2 trades with same strategy of quick entry and exit with 20x leverage on $5 capital and achieved ROI >10% on both trades with clear motto of staying profitable overcoming greed, fear and without being misguided by FOMO around and here on square too.
Marching steadily towards target of doubling capital in 3 months. Lets see how it goes!

Some golden rules we all must embrace-

* Rule 1: Limit trade count
Limit yourself to 2-4 trades per day.
Overtrading leads to emotional decisions and hence to losses.
The pros know when to stop hence they protect their mental capital also not just their capital in hand.

*Rule 2: Put a Cap on your daily Loss Appetite
i.e Have a hard stop-loss strategy
Losing $2 on a $10account? Absolutely not clearly,walk away as you can get over in few days.
Why?
Because revenge trading after a bad day kills your witt,skill and edge hence there is need to preserve capital as well as to preserve psychology.

* Rule 3: Sizing of trades.
No more trades based on feeling good leading to unplanned bigger bets.Also random sizing destroys consistency.Rather stick with uniform trades leading to measurable edgeand hence compounding growth in long term.

*Rule 4: Learn to accept outcome what-so-ever.
i.e Stop forcing wins as some trades work and some don’t. It’s your edge over ton of trades that matters,not a single day’s result is gonna change your long trading journey.

Hence, in nutshell we can say
-Gambling will end up in Drama
-Rules based trading will undoubtedly lead to unlimited growth opportunity.
-Emotional trading has to be abandoned totally.
- So lets start trading like a business with tracking, sizing and striving to survive.

Start today,Be disciplined and watch the changes in outcome of trades in short as well as long term.

Thank me later! 😁😆
See you fellas!