Update on today's challenge
I exited today from the first currency in the challenge: $REZ
The result? Loss -40$
The reason?
Greed… I had reached a break-even point + 5$ profit, but I thought I would give it more time, thus violating a fundamental principle in my strategy: protect your profits before anything else.
The result? The market dropped, and I exited with a painful loss… but it's a valuable lesson.
The lesson:
Do not ignore exit signals
Do not cling to a currency
A small profit is better than waiting for the unknown
We continue on the journey of $10,000
And losses are lessons before they are numbers.