🔥 It's on fire...everything is lost. There will be no "if only" and there will be no "do over"...especially regretting too late. And it is even more impossible to "LOAD" the initial balance back.
Thinking about making money is right, but the awareness of losing money and the concept of "LOSING EVERYTHING" is a must.
3 principles to keep in mind that Đạt Nguỹn has outlined for everyone.
1. Try your best, never let your account "evaporate" or what is called burnt or balance down to 0...a little negative, a lot negative, you still have money to start over, but burnt means it's all gone!
2. There is no luck in having just 1 trade make you rich, become a millionaire...so don't try to pile up money and put it in a fund to bet on 1 trade. "What you see out there is just the tip of the iceberg; to have a trade that can change the world, it takes a lot of trades first" and if they are lucky...then that’s them...as for us, we aren't even in the running to dream or wish.
3. The ratio of profit is directly proportional to risk. Accept to spend 10 units, wanting to earn 1-2 means you will also only lose 1-2. And of course, wanting to earn 10-20 means the risk will be everything you have and the speed at which your balance disappears will be faster. Everything must be traded off.
🔹Everyone has the goal of making money, everyone has dreams and everyone has needs. But please try to control and understand the essence of investing to avoid ending up with nothing.
Sorry everyone for watching a movie and the network lagging, suddenly my mind jumped to this topic, so I had to write :))) I didn't mean to provoke anyone 😞 so everyone, please try to avoid those who often preach like me, to save yourself from headaches.
If anyone burns out, just feel it, I’m not pointing fingers at anyone 🌚