đ„It took me years of trial and error (and plenty of losses) to finally understand what really works in trading. Most beginnersâincluding the old meâfall into the same traps: chasing 100x moonshots, ignoring stop losses, overleveraging every move, and never taking profits.
Hereâs the harsh reality: the traders who succeed long-term arenât swinging for the fencesâthey're grinding out consistent singles and doubles. A 10-20% gain may not feel flashy, but stack those over time and you'll outperform the majority of reckless gamblers.
When a trade goes your way, move your stop loss to breakeven. That way, youâre playing with house money. Worst-case? You break even. Best-case? You ride the wave with no risk.
And please, stop using 10x leverage on every trade. Youâre not a market wizardâyouâre a liquidation waiting to happen. Stick with 1-2x if you truly believe in your setup.
The market will always whisper âjust one more tradeâ or âa bit more leverage.â Discipline means knowing when to say no. Protect your capital, take those "boring" wins, and stay in the game.
Because the goal isn't to get rich overnight. The goal is to still be trading next yearâand beyond.
#TradingWisdom #RiskManagement #SmartTrading #SurviveAndThrive