#TradingAnalysis101 #TradingAnalysis101 When this trader first entered the crypto space, he was convinced that trading was easy money. He bought low, sold high, and became rich. But the market quickly made him understand that it had other plans.

First lesson: 'The rocket' doesn’t always go up.

Starting with $1,000, he invested in a 'promising' coin. Let's call it PumpCoin. The price increased by 50% - great sign! He didn’t sell. Then the price dropped by 30% - he bought back in. Then again by 50% - he bought back in again. A week later, his balance looked like this:

• Investments: $3,000

• Balance: $250

• Experience: priceless

Second lesson: 'Hodl' is not a strategy, but an excuse.

Deciding not to panic, he simply left his assets in the hope of a rise. Six months later, PumpCoin was delisted, and he became the proud owner of digital waste.

After that, the trader began studying technical analysis. This gave him an important skill: to see the 'double bottom' not only on the chart but also in his deposit.

Third lesson: Longs and shorts are a way to lose money twice as fast.

Then, he opened a long position with 100x leverage. The price slightly dropped - liquidation. He opened a short - the market turned up - liquidation. In the end: the broker won, the market went up, and the trader went off to look for job offers.

Final: How he became a millionaire.

After all these losses, the trader understood the essential truth: the best way to make money in the market is to sell trading courses. Now, he has a channel 'How to double your deposit in 24 hours' and a course 'Risk-Free Trading'.