TRADER PILLS” TO CONTROL IN CRYPTO ■
1. 🧠 Discipline Pill – “Stick to a Plan”
Create a trading strategy (entry, exit, SL, TP).
Don’t chase pumps or trade based on emotion.
Avoid FOMO (Fear of Missing Out).
💬 “No plan = no protection.”
2. 📉 Risk Pill – “Low Leverage = Long Life”
Use low leverage: 2x–5x is safer for most traders.
Only use high leverage (10x–20x) for short-term scalping with strict stop-loss.
💬 “High leverage is like nitro — fast but deadly.”
3. ⏳ Patience Pill – “No Overtrading”
Don’t force trades in sideways or unpredictable markets.
Wait for clear setups — especially in volatile crypto conditions.
💬 “More trades ≠ more profits.”
4. 🔒 Capital Protection Pill – “Risk 1–2% Rule”
Only risk 1–2% of your total portfolio per trade.
Even if leverage is high, keep your risk exposure low.
💬 “Small loss = survival. Big loss = depression.”
5. 🛠️ Tool Pill – “Use Platform Features”
Set:
Stop-Loss to cap losses
Take-Profit to lock gains
Isolated Margin to prevent wiping your whole balance
✅ Platforms like Binance, Bybit, and OKX allow setting default leverage per pair.
6. 📓 Awareness Pill – “Keep a Trade Journal”
Track every trade:
Entry, exit, leverage used
Result and your emotion during the trade
💬 “What gets written, gets improved.”
7. 🧘 Emotion Control Pill – “Detach from Money”
Stay emotionally detached from wins/losses.
Don't treat crypto like a casino.
💬 “Trade the chart, not your feelings.”
