Want to move forward and avoid fatal mistakes? Here’s what every serious trader must know:
🚨 1. Cut losses at 10% – No excuses!
🔹 If you're down 10%, get out! No doubts—holding on can drain your wallet.
🛑 2. Set a stop loss – Your lifeline in the market!
🔹 A stop loss of 5% can save your capital. Hope is not a strategy—protect yourself!
💰 3. Never overtrade – The market doesn’t care about your greed!
🔹 Over-leveraging? Frequent trading? That's how you ruin yourself. Trade smart, not emotionally.
⚡ 4. Secure profits – Never let profits turn to dust!
🔹 Did you make a profit? Lock it in! Move your stop-loss above the entry—never let a winning trade turn into a losing one.
😵💫 5. When in doubt, get out!
🔹 Unsure about the trend? Get out quickly. Doubt = disaster.
🔥 6. Trade only in high-volume markets!
🔹 Low liquidity = slippage nightmares. Stick to hot markets with strong volume.
📈 7. Get rid of target prices – Follow the trend!
🔹 Rigid targets? Big mistake. The markets don’t care about your plans—adapt or die!
🧠 8. No emotional exits – Stick to the plan!
🔹 Closing a trade on impulse? That’s how dreams get destroyed. Follow your risk management rules!
⚔️ Cryptocurrencies are not a game to get rich quick—it’s a survival war.
Your mindset and strategy will determine if you succeed or get liquidated. Be the predator, not the prey! 🚀💰
Control your emotions💛 Don’t hesitate!
💬 What rule do you follow the most? Leave your thoughts below! 👇
