5 Years of Crypto Trading: Lessons Learned
After losing money for 2 years, I discovered the secrets to success. Here are the top lessons:
Lesson 1: Mastering Indicators
Ditch the clutter! Focus on 3 essential indicators:
1. RSI: Spot trend reversals
2. MACD: Confirm momentum shifts
3. Moving Averages (50 & 200 EMA): Identify strong trends
Simplicity wins!
Lesson 2: Understanding Market States
Crypto markets have 3 conditions:
1. Bull Market: Prices rise
2. Bear Market: Prices drop
3. Chop (Sideways Market): Fakeouts and losses
Trade with the trend!
Lesson 3: Risk & Position Sizing
My biggest mistake! Now I follow:
1. Risk 1-2% of capital per trade
2. Use stop losses
3. Maintain 1:3 risk-to-reward ratio
Survival = Success!
Lesson 4: Controlling Emotions & Avoiding FOMO
90% of bad trades happen due to emotions!
1. Avoid FOMO
2. Don't chase losses
3. Take profits instead of hoping for more!
Stay calm, stay smart!
Final Words
What changed everything for me:
1. Stopped gambling, started trading with a plan
2. Learned patience and discipline
3. Stopped chasing pumps, waited for smart entries
4. Focused on risk, not just profits
Now, I win more than I lose!
Which mistake have you made the most? Share in the comments!
Yeh rahen hashtags:
#bnb #ProfitPotential #BSCProjectSpotlight #BinanceLaunchpoolGUN
