This is Xiaoxiao. It has been about 10 days since I started my live stream, and I have slowly established a fixed group of followers.
Please learn to lose money before you start trading. I don't want you to regret not having a stop-loss one day.
Is getting liquidated painful? Yes, it is. You will slowly start to spend your money like it’s not worth anything, and become addicted, just like those gamblers in a casino.
You are not a master, please forget the myths of the cryptocurrency world. You are here to trade seriously, my friend.
I often talk about stop-loss in the live stream, stop-loss, stop-loss, stop-loss. Because I fear that you may follow my old path. To be honest, all I can teach you is how to adjust yourself in trading.
Some bloggers in the square do not give you stop-loss advice, they just blindly take positions and stubbornly hold on. What will you do if you get liquidated? If you get liquidated, will you have money to come back? Wasn't your original intention to just make a living?
In everything you do, including society, there should be stop-loss. Without a stop-loss, you are likely to keep making mistakes (just like being in a relationship with a girlfriend who is not suitable for you, but you still drag it out without letting go, not implementing a stop-loss).
Some people ask if I am a technical streamer? No, I am not. I just share what I know and understand with you because you are a beginner, or you are an experienced trader. No matter how much those people hype their indicators, I will only tell you the key points and explain what role those key points play. All indicators have a lag, the key points given to you by the market are the most important, including various forms of extensions. I will discuss and share all of this in the live stream.
Some people ask what the purpose of the live stream is? I stream to support my family and make a living, my friends. You can often see me getting stopped out, but my win rate has remained above 65%. So there’s nothing wrong with the points I share, you just need to follow them. Otherwise, you might also incur losses. (The strategies are all public and free.)
If you have time, come and watch my live stream. You might gain a different understanding. My live stream will teach you a lot, and although I don’t know if I can hold your attention, I believe what I tell you is useful. We need to trade like professional traders, not randomly.
After saying so much, I hope it helps you. Don't be a novice, at least try to be a scythe. Even if the scythe is a bit dull, that’s okay.
