Beginner's Guide to Avoiding Pitfalls
The essence of trading is trial and error
Step 1: Perfect your trading system, document it, and create a trading system checklist.
Step 2: Strengthen your stop-loss execution, preset your stop-loss level before each trade, and strictly follow it.
Step 3: Conduct emotional management training, identify emotional triggers, and establish an emotional pause mechanism.
Step 4: Keep a trading journal, conduct regular reviews, and continuously optimize your trading system and operations.
Remember, there are no shortcuts in trading; only continuous learning and ongoing improvement can ultimately lead to stable profits. Wishing everyone success in the crypto space.
"When you stare into the abyss, the abyss stares back at you" - The excess returns in the crypto market are always proportional to the hidden risks.
In trading, take fewer detours and achieve your wealth dreams sooner! Keep it up!
