$BTC
Here are some trading secrets that professionals rely on to achieve success and sustainability in financial markets (whether in stocks or cryptocurrencies):
🔐 1. Capital Management
Do not risk more than 1-2% of your balance on a single trade.
Calculate the trade size based on the stop loss and not greed.
🎯 2. Clear Trading Plan
Specify: When to enter? When to exit? When to consider the trade a failure?
Do not trade without a strategy or based on emotions.
📉 3. Discipline and Avoiding Revenge
After a loss, do not enter a random trade to recover the money (revenge trading).
Stick to the plan even in case of loss.
🧠 4. Dual Analysis (Technical + Fundamental)
Use technical analysis to determine entry and exit points.
Monitor economic news as it may suddenly change the market direction.
⏳ 5. Patience and Avoiding Overtrading
You do not have to be in a trade all the time.
Wait for the right opportunity and do not chase the market.
📊 6. Monitor Liquidity and Volumes
Large volume confirms the trend.
Beware of trading during weak liquidity times.
🧘 7. Psychological State
Stay calm, do not let greed or fear control you.
Psychological balance is sometimes more important than analysis.