This morning I saw the market turn red, it will continue to decline in preparation for the upcoming inauguration at the beginning of 2025. Those who participate in the market should have a long-term vision. Don't worry at all. $XRP

I would like to share with you a little secret I read on the internet.

6 TIPS FOR FUTURES TRADING not just for Newbies

1. Money in the wallet may not be your own money

Remind yourself, withdraw as much as you earn

2. No trading plan

Futures trading is a high-risk intellectual sport that requires high discipline. The more disciplined you are, the lower your risk will be. Some people have entered and exited many orders at the same time. They have canceled orders every time they were about to hit the take profit thinking the price would go up or down further. They have canceled stop-loss, moved stop-loss when they saw the price was about to hit stop-loss... These actions reflect that we have traded based on emotions and indulged in the habit of greed. Moreover, the lack of a trading plan leads to careless DCA, sometimes entering with a lot of money, other times with little money,... Losing the account is inevitable.

Lesson: Always have a trading plan and adhere to it strictly.

3. No profit target

Lesson: Set a daily profit target of 3%, weekly 21%, monthly 63%, yearly.

4. No trading journal

Lesson: Meticulously record all transactions. After each win/lose, evaluate and learn why you won/lost.

5. Raising capital too early

Lesson: You need a roadmap to raise capital. Don't pay attention if someone says you profit like an elephant but only trades like an ant.

6. Overly trusting technical analysts

Lesson: It’s better to go slow but steady. Always prioritize safety and sustainability.