95% of traders fail because they repeat the following mistakes. To succeed, just DO NOT DO these things:
❌ Trade against the trend → Only trade when the market has a clear trend. ❌ Poor capital management → Determine the amount of capital you can lose comfortably, cut losses by 1-5% on each trade. ❌ Too many methods → Only use one suitable method and dive deep into it. ❌ Not keeping a trading journal → Record the reasons for entering a trade, your mindset while trading, and learn from losing trades. ❌ Unrealistic expectations → With little capital, earn little; to make high profits, you need significant capital. ❌ Greed → Lower your expectations, only take the amount of money the market gives, greed is the root of failure. ❌ Fear when trading → Manage capital well to eliminate emotions when entering a trade. ❌ Predicting instead of reacting → Only trade based on what the market shows, do not interpret on your own. ❌ Overtrading → Trade less but with quality, wait for the right entry point instead of continuously entering trades.
📌 Survival principle: Win or lose 10%, leave the table. When on a winning streak, do not be greedy; when losing, do not chase.
🔥 Professional trader = Discipline + Capital management + Psychological control 🔥
BurgerCities is a complete MetaFi platform of Play & Earn based on the BNB Chain. The platform has been rebranded. Its previous name was BurgerSwap.
BURGER is the native token of the project. The current use cases of BURGER include: Governance: the token gives holders governance rights in BurgerCities. Providing liquidity: users can use the token to provide liquidity and earn rewards. In-game trading: the token can be used to trade in-game items such as the Hero NFT.
This afternoon I posted about the market reversing, you all teased me. I have finished my KPI for today, going out to play, and later will check again to short. I've said it, but the market has run out of strength to go up alreadyyyyy. 😂