🎯 I Fell for the Amateur Trader's Deception
Don't fall for it too 💸🚀
For months, I believed that clicking "Buy" and "Sell" with cryptos like ETH, XRP, etc., made me a trader. At first, the profits came easily. Was it just beginner's luck? Probably. I told myself I had "instincts." The profits blinded me, and little by little my losses grew larger, and I always tried to recover the losses until I lost almost everything and still, like a gambler, I added more money to my account because maybe it was just a small mistake.
I wasn't trading. I was gambling and didn't want to realize it.
But something worse was happening to me: obsession. I thought it would be easy to recover; I couldn't sleep without checking charts. I let my greed take over; I started paying attention to posts without even checking if they were reasonable. I broke my rules, and it worked for a short time.
I was trading on impulse, chasing spikes, completely ignoring risk management.
Then what was expected happened.
I lost everything again little by little, but I was blinded and didn't learn to be a loser until I had nothing left.
My account didn't just shrink. It collapsed. And so did my confidence in myself.
But at that moment, I realized I didn't have a strategy; I had bad habits. And I needed to break them.
With everything lost, only reflection.
I treated trading like a business—not like a casino.
I tested strategies on demo.
I studied.
And most importantly: I stopped trying to always be in the market; sometimes patience is better.
Today, I live by these principles:
🎯 Every trade must have a clear reason. If I can't explain it in one sentence, I don't take it.
🛑 Risk comes first. I never risk more than 5-8% of my capital per trade.
❌ No trading for revenge. Losses are part of the game, not invitations to bet more.
📉 Fewer trades, better decisions.
🟢👍