13/03 #ElExperimento DAY 14 76 DAYS LEFT🌞
Yesterday after the respective analysis💻 I opened a Long position in spot with $BNB at 662.44, everything seemed under control. But the market, which is more stubborn than a mule 🐷said: "not today". Although I'm getting used to it every time I enter, the price goes in the opposite direction😊, this time my mentor told me to exit, and I didn't listen to him. To top it off, a visitor arrived, and at that moment my position was left orphaned. What happened next was a masterclass in real trading
Not only because of what I was losing, but to make things more extreme, I received a strong scolding from my mentor, summarizing it as a lesson, he finally said, "In trading, excuses are measured in lost USDT, although the lessons are worth whole BTC, you can't eat with that."
The Harsh Reality:
Error #1: I didn't use automatic stop-loss (It will only be 5 minutes).
Error #2: I trusted my memory (spoiler: the market doesn't wait).
Lessons 🙏:
👉 Break-Even is Your Best Friend
👉 The Market Rewards Patience, Not Speed
👉Taking profits is an art:** Don't be overly ambitious
👉The Market Doesn't Respect Your Schedule
👉A Small Loss is a Cheap Course
👉78% of failed trades are due to poor risk management (not erroneous analysis).
This time I think the market was generous and gave me the opportunity to exit at 668.93 with PnL +(0.97). So I celebrate not the fact of having won, but of not having lost.🔥
NOW I GO FOR $BTC 😅
P.S.: at the end of my challenge, I will tell you how much my account was.🤷
Phrase: "Winning is easy, the hard part is repeating it."
#CryptoCPIWatch #TradeStories #Binance
