#FOMCMeeting #BNBATH #BTCBreaksATH110K #BinanceHODLerTree #DELABSBinanceTGE
🔥 1. Master Just One Setup First
Instead of learning 20 strategies, perfect one simple setup (like a breakout or trend reversal). Trade it consistently until you fully understand how it behaves in different market conditions.
✅ Example: A basic Moving Average Crossover or Support/Resistance Bounce.
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🧠 2. Think in Probabilities, Not Guarantees
No setup works 100% of the time. Focus on setups with a slight edge, and trade enough times with proper risk so your edge plays out.
> A good trader isn’t right all the time—they are profitable over time.
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🪙 3. Risk Small, Think Big
Never risk more than 1-2% of your trading capital per trade. It keeps you in the game even after losses.
Example:
$100 account → risk $1 per trade.
$1,000 account → risk $10 per trade.
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🧾 4. Create a Simple Trading Plan
Write a short, clear plan:
When to enter (your setup)
When to exit (your take-profit/stop-loss)
How much to risk
What pairs/assets to trade
What times to trade
Stick to the plan no matter what.
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⌚ 5. Focus on One Market and Timeframe
Don’t jump around. Choose one market (like EUR/USD or BTC/USDT) and one timeframe (like 1-hour or 4-hour) and get familiar with how it moves.
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📉 6. Journal Every Trade
Keep track of:
Screenshot of entry/exit
Why you took the trade
How it ended
What you learned
You’ll grow 10x faster if you review your trades weekly.
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📊 7. Use Risk-to-Reward Like a Pro
Only take trades with a risk-to-reward ratio of at least 1:2 or 1:3. That means for every $1 you risk, aim to make $2 or $3.
This way, even if you’re only right 40% of the time, you can still be profitable.
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🚫 8. Avoid Overtrading
Don’t force trades. No setup = no trade. Some of the best traders only take a few trades a week.