Finally found the shore after a long drift
After a month of playing, experiencing burnt accounts, FOMO, fear, being led, and learning more, here are a few small shares from me about the market for anyone new like me to avoid repeating mistakes
1. Absolutely do not trust KOLs, groups, or copy trading --> They call 100 trades, each person has a different trade, how can there not be a 50% win rate? If it’s bad, the trade is no different than gambling
2. The mindset must be steady, absolutely must learn and research thoroughly before deciding to place an order (if there's money, the market still exists)
3. Must have clear SL, T/L (must be set based on research, not randomly) assess risks and manage capital
4. Don't think that after losing a trade you must double down to recover (it only leads to more losses) --> Small volume DCA gradually or reverse
5. Do not trade on weekends, when the candles close
6. Don’t trade manipulated junk coins, only trade large cap coins that haven't been heavily manipulated
Just sharing for fun, but I still feel naive and need to learn a lot, after all, the only thing lost is health, not a single night of good sleep, after today I need to balance myself
Wishing all brothers who have lost and are losing will return to shore and win big
