What I learned and what I advise beginners
Every trader goes through mistakes, but the main thing is to learn from them. Here are my key takeaways:
🔹 Spot Trading: Patience and Calculation
Mistake #1 - entering a trade without a clear plan. Spot trading requires understanding liquidity levels, order dynamics, and proper capital management. One of the main traps is averaging down without analysis. If the market is going against you, it's important not just to "buy more on the dip," but to understand why the price is moving that way.
🔹 Bots: a tool, not a guarantee of profit
Mistake #2 - launching an algorithm without testing. Bots can optimize entries and exits, but they do not replace strategic thinking. Any algorithm requires monitoring, adaptation to market conditions, and understanding its logic.
🔹 Advice for Beginners
✅ Analyze your trades, keep a mistake journal.
✅ Don't chase quick money - sustainable growth is more important.
✅ Use bots as a tool, but don't rely on them completely.