📘 Chapter 1 – Starting in Trading (summary for beginners)
Trading is not luck or a game. It is a profession that requires study, discipline, and emotional control. Many people enter the market thinking they will get rich quickly, but they end up losing money by trading based on emotion.
The emotions that are most disruptive are:
1. Fear – exits too early and loses profit.
2. Greed – stays too long and gives back everything.
3. Hope – holds onto losses hoping the price will return.
4. Anger – trades impulsively to "recover" losses.
🔁 This creates a destructive cycle: the person loses, enters with anger, loses more, gets frustrated, and gives up.
The professional trader accepts small losses, follows a plan, and protects their capital. The amateur wants to win all the time, ignores risk, and goes broke.
📊 The secret of trading is not to be right all the time. It is to win more when right and lose little when wrong. This is called risk management.
🧠 Additionally, you need to control your mind. Uncontrolled emotions destroy your account.
📋 A trading plan helps you to:
Know when to enter and exit the market.
Protect your money with daily limits.
Avoid acting on impulse.
🔑 Conclusion: Trading is probability, method, and patience. Those seeking consistency need to study, practice, and follow rules. There is no magic formula. #SparkBinanceHODLerAirdrop #bitcoin #Bob
Hello! My name is Pedro and, like many who are just starting in this trading universe, I am also a novice in learning. I am studying the book Trade Bible by Lemos, and I decided to turn this process into something more useful: creating analytical, didactic, and accessible summaries to help other people who, like me, are seeking to better understand this complex and fascinating subject.
My goal is not to teach like an expert, but to share what I am learning with clarity, honesty, and simplicity. Each chapter I summarize is also a step in my own learning. I write to solidify the content and, at the same time, make the knowledge more accessible for those starting from scratch.
Cryptocurrency Is No Joke – Day 4 of the Challenge: R$100 → R$10,000"
Today is the fourth day of my challenge to turn R$100 into R$10,000 with cryptocurrencies. And, to be honest, it was a tough day. I lost a lot of money.
I made wrong decisions, followed my emotions instead of reason, and ended up paying dearly for it. But instead of giving up, I decided to use this moment as a learning experience.
I started to study seriously — understanding projects, analyzing charts, and following the market more responsibly. And more than that: everything I learn from now on, I will share with those who are also starting, so that other people don’t make the same mistakes I made.
The cryptocurrency market is no joke. Those who enter thinking they will get rich overnight, without preparation, usually end up with losses. I saw that today, firsthand.
This challenge is not just about money. It’s about growth, discipline, and awareness. And if I can help others learn alongside me, even better.
Let’s move forward. A bad day does not define the final outcome. #CryptoChallenge #R100toR10000 #LearnToShare
Today is the first day of my challenge: to turn R$100 into R$10,000 in 12 months, using only cryptocurrencies. I know it's risky, that the market is volatile, and many people lose money, but I want to face this with study, patience, and discipline.
I don't expect miracles or to get rich easily; I know I'll have good days and bad. The important thing is to learn, make smart choices, and grow gradually. Every small profit counts in this journey.
It's not a promise of getting rich quick; it's a real plan to grow my money step by step. I'll track everything, learn from my mistakes, and who knows, by the end of a year, get close to that goal of R$10,000.
It may seem crazy, but it's my challenge, and I'm going to give my best. Let the journey begin!
Bitcoin: Financial Freedom or the Biggest Scam of the Century?
Bitcoin sells itself as a revolution, promising freedom and financial independence. But are we falling into a trap? With its absurd volatility and lack of control, isn't Bitcoin just a big bubble, waiting to burst and leave thousands of investors at a loss? Are we really facing the future of money or a scam disguised as innovation?$BTC