Patience, Strategy, and Risk Management in Trading
There was a time when I bought Ethereum (ETH) at $1,280 USDT and patiently waited as the market moved. Eventually, ETH reached $3,600 USDT, and I decided it was the right time to sell. As soon as I sold, I informed all my mates to do the same, and they followed my instructions.
After that, we waited for the right opportunity and bought $ETH again around $2,245–$2,300 USDT. We held on, and when ETH climbed back up to $3,900 USDT, we sold again. This wasn’t just luck—it was strategy. We had analyzed the market and calculated that a correction was inevitable. As we predicted, ETH dropped to $2,125 USDT afterward.
Our next buying strategy was set carefully:
First buy spot order: $2,720 USDT
Second buy spot order: $2,290 USDT
Right now, we are waiting and chilling, watching the market move. At the same time, we opened a long position at $2,460 USDT, with clear targets:
First TP long postion $ETH (Take Profit): $2,850 USDT
Second TP long postion$ETH : $3,200USDT
However, we always secure our profits by updating the Stop-Loss (SL) in the green once we are in profit. This is a key trading rule—protect your gains and minimize risks.
Lesson to Learn:
The reason I’m sharing this story is simple—always update your SL in green when the trade is in profit, and never sell in panic. The market is designed to test your emotions, but those who stay disciplined and follow a solid strategy will always come out ahead.
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