A year ago, I entered the market excited, holding big hopes, thinking I would double my capital every week.
I followed a few recommendation channels, registered on a platform, and bought my first currency without any analysis or understanding.
I didn't last two weeks... and I lost almost half of my money.
I thought about leaving the market, and I told myself: 'Clearly, this market is a scam, it’s all about luck!'
But after I calmed down and sat with myself, I discovered that the problem was not in the market, the problem was in me.
And here I started the first lesson:
🧠 Lesson 1: The market does not spare the ignorant
I used to enter trades just because the currency was rising, without knowing why it was rising or where it was going.
Today, I don’t think of entering any currency unless I understand what the project is, what the direction is, and if there is really real demand.
Haste killed me, but understanding saved me.
📉 Lesson 2: Stop-loss is more important than the target
I used to set profit targets, but I never set a stop-loss...
I lost 70% on one trade, and I regretted it.
After that, I had a rule: 'Protect your money before you think about doubling it.'
⏳ Lesson 3: The market doesn't fly, but people rush
I wanted quick profits, but I didn't understand that the market is made up of waves.
The wave goes up, down, corrects, then goes up again.
He who is patient and knows when to enter is the one who profits.
Today I enter fewer opportunities, but they are more precise, and I earn more.
📲 Lesson 4: Random recommendations cost me more than the market
Honestly, nothing has made me lose as much as 'So-and-so said to enter, and so-and-so said it will soar.'
Today, I might listen to people's opinions, but I only enter when I have a convincing reason from my own analysis.
🔄 Summary of a whole year?
– There's no such thing as easy money
– The market is tough, but not impossible
– The one who succeeds is the one who learns from every mistake and improves himself every day
And if I could turn back time?
I was going to start learning analysis before any trade
And I would make a plan for each operation, not just 'Let me try my luck'
💬 What is the biggest lesson you learned from your experience?
Share with us... because we all learn from each other.