Don't forget the "Profit Taking Order"
Just as you set a stop loss, set a profit stop! Greed makes you miss opportunities to secure your gains.
Emotional trading is destruction
If you enter a trade with your heart, get out of it! Excessive anger or joy clouds your decisions.
Record every action you take
Write down your reasons for entering, when to exit, and learn from your mistakes. Journaling raises your awareness.
The market has cycles
Don't expect the market to go up forever. Learn when it shifts from bullish to bearish and vice versa.
Stay away from the herd
If everyone is buying, only follow with a plan. "FOMO" is the biggest trap for beginners.
Allocate a small percentage for adventures
For example: 5% for meme coins or unknown projects. Losing it won’t affect you.
Review your strategy every month
What works today may fail tomorrow. Be flexible and adjust your plan according to the market.
Don't ignore fundamental news
Geopolitical events or bank decisions can turn the market overnight.
Trade Spot on strong projects
Focus on coins with a solid team and technical background, not just what's "trending".
Fees eat away at capital
Frequent short trades with high fees = silent loss. Calculate it!
Don't invest when you're tired
Make sure you can sell the coin quickly if needed. Some coins can trap you!
And remember: the market won't disappear, you need to live!
Opportunities don't end, so don't sacrifice your health for a trade. 🚀