Initially, I relied on emotions and short-term hype, often falling victim to FOMO and panic selling. After several losses, I realized the importance of discipline and shifted to a rules-based approach.
Key insights that improved my performance:
1. Risk Management: I now risk only 1-2% of my capital per trade, ensuring no single loss devastates my portfolio.
2. Trend-Following: Instead of guessing tops and bottoms, I trade with the trend, increasing my win rate.
3. Patience & Selectivity: Waiting for high-probability setups—like key support/resistance breaks or strong momentum—reduced overtrading.
4. Journaling & Review: Tracking trades helped identify weaknesses and refine my edge.
5. Mindset Shift: Accepting losses as part of the game removed emotional stress and improved decision-making.
Now, I combine technical analysis with macro trends, focusing on fewer but higher-quality trades. The biggest lesson? Consistency beats greed—small, steady gains compound over time. Trading isn’t about being right every time; it’s about managing risk and staying adaptable.
